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Wilmington 01887
9 Perry / 1 Lee Ave.
$330,000
● House - Off Market

9 Perry / 1 Lee Ave.

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,846 Ft²
$681,846
RealtyHop Estimate
94.87%
Since Apr 1, 2004
MA-Boston
Primary Model

About This Property

EXP. CAPE W/SEP ENT.AU PAIR STE. WITH FULL FACILITIES. LGE KITCHEN W/ WOOD STOVE & SKYLIGHTS. 4 LGE BR, 2 FULL BATHS, NEW 3 ZONE HEATING SYS., ROOF, SIDING & DECK. QUIET NGHBRHD, CLOSE TO 93. MUST SEE INSIDE TO TRULY APPREC.
Unit Size
1,846 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$190
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #30804379)

Price History

Date / Event Date Event Price
Mar 31, 2004 Sold
Premium
Sold
Jan 16, 2004 Listed by RE/MAX Encore $349,900
Listed by RE/MAX Encore
Jul 24, 1997 Sold
Premium
Sold
Nov 30, 1996 Listed by RE/MAX Encore $174,900
Listed by RE/MAX Encore

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,316
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,979
  • Gross Building Area: 4,276
  • Building Area: 1,979
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,979
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • 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: 331200

Geography

  • Parcel: WILM M:0058 L:0000 P:0035
  • Municipality: WILMINGTON
  • Latitude: 42.5404
  • Longitude: -71.147

    Address

  • Full Address: 9 Perry Ave
  • Address - House Number: 9
  • Address - Street Name: Perry
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wilmington
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $707,700

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 713,412
  • High Value: 838,216
  • Low Value: 588,608

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $592,700
  • Assessed Land Value: $250,800
  • Assessed Improvements Value: $341,900

    Sales

  • Current Sale Recording Date: Mar 31, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00022710
  • Previous Sale Recording Date: Jul 24, 1997
  • Previous Sale Amount: $170,500
  • Previous 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

$429

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1920 ft²

Average Home Age

46.1 years

Currently For Sale

42 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: 6 months ago
Data Source: MLS PIN, MLS# 30804379

Frequently Asked Questions

When was property at 9 Perry Avenue built and last sold?
The property at 9 Perry Avenue was built in 1950 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 9 Perry Avenue is $363,813.
What are some comparable homes to 9 Perry Avenue?
There are currently no comparable homes to 9 Perry Avenue.
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