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Wilmington 01887
9 Mill Road
$274,900
● House - Off Market

9 Mill Road

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,122 Ft²
$1,220,918
RealtyHop Estimate
307.11%
Since Oct 1, 1997
MA-Boston
Primary Model

About This Property

BEAUTIFULLY MAINTAINED 1 OWNER LARGE EXPANDABLE HOME WITH 3 ROOM PRIVATE SUITE   OVER 2 CAR OVERSIZED GARAGE.ALL WINDOW TREATMNTS,BLINDS REMAIN.ALL APLNCS INCLUDED,VALUE+ SPACE,SHOWS WONDERFULLY,BETTER THAN NEW CONDITION.CALL LB
Unit Size
3,122 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$96
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #30158937)

Price History

Date / Event Date Event Price
Sep 19, 1997 Sold
Premium
Sold
Apr 18, 1997 Listed $299,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 850
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 3,160
  • Gross Building Area: 5,290
  • Building Area: 3,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,160
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILMINGTON
  • Land Acres: 0000001800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wilmington School District
  • School Tax School District: WILMINGTON SD
  • Census Tract: 331300

Geography

  • Parcel: WILM M:0003 L:0000 P:0091A
  • Municipality: WILMINGTON
  • Latitude: 42.5304
  • Longitude: -71.1783

    Address

  • Full Address: 9 Mill Rd
  • Address - House Number: 9
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R006
  • 4-Digit Zip Code: 3347
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,010,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,016,692
  • High Value: 1,173,673
  • Low Value: 859,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $846,000
  • Assessed Land Value: $334,300
  • Assessed Improvements Value: $511,700

    Sales

  • Current Sale Recording Date: Sep 19, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wilmington

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1964 ft²

Average Home Age

41.4 years

Currently For Sale

36 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30158937

Frequently Asked Questions

When was property at 9 Mill Road built and last sold?
The property at 9 Mill Road was built in 1979 and last sold on Jan 1, 1970 for $274,900.
How much is this home worth?
The estimated value of the home located at 9 Mill Road is $0.
What are some comparable homes to 9 Mill Road?
There are currently no comparable homes to 9 Mill Road.
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