
7 Draper Dr Wilmington — Photo 1 of 42
Recent Drop: $50,000
$1,145,000
Investment Analysis — 7 Draper Dr
Wilmington, MA 01887 — North Wilmington
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01887 carries an estimated $7,100/mo in gross rent — about a 4.71% cap rate and $53,890/yr in estimated NOI at the $1,145,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
3,933
Style
2 Family - 2 Units Side by Side
Built
1967
What an opportunity to own a home that includes a separate spacious one bedroom accessory apartment in one of Wilmington‘s most sought after neighborhoods, Hathaway Acres! Known for its wide, tree lined streets, sidewalks, and true neighborhood feel, "the Acres" is the kind of community where neighbors know each other and trick or treaters fill the streets each Halloween. Conveniently located just two minutes from Route 93 and the North Wilmington commuter rail station, you'll enjoy the perfect balance of neighborhood living and an easy commute. Lovingly cared for by the same family for many years, this spacious home offers room for everyone. The bright, open living and dining areas are ideal for gathering with family and friends, while the updated kitchen is the heart of the home. Just off the kitchen, the inviting three season porch provides the perfect place to relax with your morning coffee or unwind after a busy day. With flexible living spaces throughout, you can create the lifestyle that fits your needs, whether you envision a formal living room, a cozy family room, a home office, or a playroom. Three bedrooms all with beautiful hardwood floors complete the main level. The finished lower level expands your living space with a large family or media room featuring a wood burning fireplace, a full bath, laundry area, abundant storage, and direct access to the backyard and garage. A rare bonus is the legal one bedroom accessory apartment, complete with its own bright, open concept kitchen and living area, full bath, welcoming porch, and additional lower level space for storage and a family or media room. Ideal for extended family, guests, or potential rental income. Outside, the spacious backyard offers plenty of room for children, pets, gardening, entertaining, or simply enjoying the outdoors. Recent updates include a new roof, new hot water tank, four year old heating system, and new septic distribution box. Opportunities like this, a spacious home in Hathaway Acres with a legal accessory apartment, are rarely available. Quick closing possible!
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Property History
$1,145,000
Aug 22, 2026
MLS® 73559395
$1,145,000
Was $1,195,000
Aug 19, 2026
MLS® 73559454
$1,195,000
Aug 5, 2026
MLS® 73559454
$1,145,000
Aug 5, 2026
MLS® 73559395
Listing Agent: Rita Patriarca
Listing Office: RE/MAX Encore
MLS® Number: 73559454