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13 Days on market
38 Oakdale Road Wilmington — Photo 1 of 28

38 Oakdale Road Wilmington — Photo 1 of 28

$665,000

Investment Analysis — 38 Oakdale Road

Wilmington, MA 01887

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01887 carries an estimated $4,170/mo in gross rent — about a 4.68% cap rate and $31,124/yr in estimated NOI at the $665,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,152

Style

Single Family

Built

1950

Commuter's Dream! Conveniently located 3 bed, 1.5 bath Cape with fenced in yard, parking for three cars and kitchen updated in 2018. Hardwood floors throughout (except kitchen), lots of storage space in basement along with basement laundry area. Walk to North Wilmington Commuter Rail Station, minutes to Route 93.

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: 576 sq ft (the lesser of 900 sq ft or half the 1,152 sq ft principal dwelling). Lot size: 10,018 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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$665,000
Annual Taxes$6,906.47

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood
BasementBulkhead

Climate & Utilities

HeatingHot Water, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.23
SqFt Lot10,018
Lot Features--

Amenities & Appliances

Water Heater • Range • Microwave • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

18 x 11

Flooring - Hardwood

Dining Room
Lvl First

11 x 11

Flooring - Hardwood

Kitchen
Lvl First

11 x 11

Flooring - Stone/Ceramic Tile

Primary Bedroom
Lvl First

11 x 11

Flooring - Hardwood

Bedroom 2
Lvl Second

12 x 17

Bedroom 3
Lvl Second

12 x 17

Flooring - Hardwood

Bathroom 1
Lvl First

6 x 6

Bathroom - Full

Bathroom 2
Lvl Second

7 x 6

Bathroom - Half

Listing Provided By

Listing Agent: Ryan D. Sullivan

Listing Office: Home Town Brokerage

MLS® Number: 73570292