
400 Andover St Wilmington — Photo 1 of 29
$799,900
Investment Analysis — 400 Andover St
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 3.98% cap rate and $31,832/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,615
Style
Single Family
Built
1958
RESORT-STYLE LIVING IN WILMINGTON! This meticulously maintained Ranch offers the ease of single-level living with an inviting open floor plan, 3 bedrooms, and 2 baths. Hardwood flooring flows throughout the main living spaces, including the fireplaced living room, while the spacious kitchen features an island, granite countertops, and stainless steel appliances. The partially finished lower level provides additional living space and flexibility. Outside, the private backyard creates your own resort-style retreat with a professionally landscaped setting, fenced yard, patio, cabana, and inground heated pool. Central air and a 1-car garage add everyday comfort and convenience. Ideally located in Wilmington, this property combines comfortable living with exceptional outdoor amenities. COME DISCOVER ALL THIS WONDERFUL HOME HAS TO OFFER!
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: 808 sq ft (the lesser of 900 sq ft or half the 1,615 sq ft principal dwelling). Lot size: 23,958 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
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18 x 13
Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
Kitchen
Lvl First18 x 11
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Family Room
Lvl Basement21 x 20
Flooring - Vinyl, Recessed Lighting
Primary Bedroom
Lvl First14 x 11
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl First12 x 11
Bedroom 3
Lvl First11 x 9
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First8 x 7
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Bathroom 2
Lvl Basement10 x 10
Bathroom - Full, Bathroom - With Shower Stall, Lighting - Overhead
Property History
$799,900
Sep 11, 2026
MLS® 73575957
$829,900
Aug 31, 2026
MLS® 73547557
$829,900
Jul 9, 2026
MLS® 73547557
$750,700
Sep 16, 2024
MLS® 73271148
$699,900
Aug 9, 2024
MLS® 73271148
$699,900
Jul 30, 2024
MLS® 73271148
Listing Agent: Team Lillian Montalto
Listing Office: Lillian Montalto Signature Properties
MLS® Number: 73575957