
111 Chestnut St Wilmington — Photo 1 of 41
Recent Drop: $199,900
$1,100,000
Investment Analysis — 111 Chestnut St
Wilmington, MA 01887 — Neighbourhood
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01887 carries an estimated $4,610/mo in gross rent — about a 2.77% cap rate and $30,519/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
3,288
Style
Single Family
Built
2006
Welcome home to this original owner, single family home thoughtfully designed for comfortable one level living. Meticulously constructed in 2006, freshly painted, offering a generous floor plan over 3,288 sq. ft. with a flexible layout for extended family living and multigenerational households. Conveniently located near schools, Houses of worship, shopping ,commuter rail, major highways and new senior center. This lovely home features a large eat in kitchen w/granite counters 4 bedrooms,3 full baths, office, den, 2 family rooms a heated sun-room and a oversized walk-up attic. along with a two car garage and attached bonus room for entertaining. Situated on an expansive 22,652 lot offering substantial outdoor space, complete with a welcoming farmers porch, gazebo, two sheds, 3 year old above-ground pool, plenty of room for gardening or recreation, irrigation system in front yard, this property combines space, versatility, and location in one exceptional offering.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,288 sq ft principal dwelling). Lot size: 22,651 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 12
Flooring - Wall to Wall Carpet
Dining Room
Lvl First23.6 x 13
Flooring - Hardwood
Kitchen
Lvl First25.6 x 14
Closet, Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Country Kitchen
Family Room
Lvl First13.6 x 16
Flooring - Wall to Wall Carpet
Primary Bedroom
Lvl First19 x 13
Bathroom - Full, Coffered Ceiling(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First13.6 x 1.6
Bedroom 3
Lvl First11.9 x 11
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl First13 x 13
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Tiled With Tub & Shower, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl FirstBathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl BasementBathroom - 3/4, Flooring - Stone/Ceramic Tile
Property History
$1,100,000
Was $1,299,900
Jun 29, 2026
MLS® 73527464
$1,299,900
Jun 15, 2026
MLS® 73527464
Listing Agent: Jeanette Tighe
Listing Office: EXIT Premier Real Estate
MLS® Number: 73527464