Active

6 Days on market

6 Sprucewood Rd Wilmington — Photo 1 of 38

$699,000

Investment Analysis — 6 Sprucewood Rd

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 4.40% cap rate and $30,756/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,485

Style

Single Family

Built

1954

Impeccably maintained and thoughtfully updated, this move-in ready home is tucked away in a fabulous neighborhood on a quiet dead-end street! The recently renovated kitchen features white shaker cabinetry, stainless steel appliances, quartz countertops with counter seating, and new flooring. A bright and inviting living room is filled with natural light from an oversized picture window and features custom built-in cabinetry and shelving. The main level also offers two generously sized bedrooms, a beautifully updated modern bath, and recessed lighting. Just off the living space, a 200 SF three-season porch (not included in living area) is the perfect spot to enjoy fall afternoons with family and friends. Upstairs, you'll find an additional bedroom, dedicated office space, convenient half bath, and plenty of storage. The basement adds even more versatility with space for a playroom or home gym, built-in bar, workshop, dedicated laundry area, and additional storage. Outside, enjoy a fenced-in backyard with deck on a 10,000 SF lot, plus an oversized one-car garage. Meticulously cared for by its owners with numerous updates throughout there is truly nothing to do but move in. Ideally located near the North Wilmington Commuter Rail Station with easy access to Route 93, making commuting into Boston a breeze, while also convenient to Wilmington's shopping, dining, parks, recreation, and everyday amenities. First showings at OH Sat 12-1:30 and Sun 12:30-2pm!

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: 743 sq ft (the lesser of 900 sq ft or half the 1,485 sq ft principal dwelling). Lot size: 10,019 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.