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Middlesex
116 Pine Valley Dr
$410,000
● House - Off Market

116 Pine Valley Dr

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,010 Ft²
$554,481
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

If you want a STAY-CATION this is home for you!  Over 2000sq.ft. to make your own. This Dracut home is just waiting for new owners! This home features an in ground pool and pool house perfect for those warm summer days!  The expansive kitchen has been refreshed in the last three years w/sliders to the backyard deck, newer roof (under 5 years old)  and newer electrical panel!  The first floor hardwood floors have been refinished and much of the home has been repainted.  The home features a great open concept with the large kitchen opening to the living and dining areas.  First floor also features a full bath and office w/built-in bookshelves.  Three large bedrooms and a half bath on the second floor.  The basement features a wet bar, a fourth bedroom/bonus room and lots of finished space!  Do not delay!
Unit Size
2,010 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$199
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72675598)

Price History

Date / Event Date Event Price
Mar 3, 2021 Sold
Premium
Sold
Oct 2, 2020 Listed by Coldwell Banker Residential Brokerage - Chelmsford $485,000
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Jul 27, 2020 Sold
Premium
Sold
Jun 17, 2020 Listed by Coldwell Banker Residential Brokerage - Chelmsford $399,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,024
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,495
  • Total Building Area: 2,010
  • Gross Building Area: 3,250
  • Building Area: 2,010
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,010
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000493
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Dracut School District
  • School Tax School District: DRACUT SD
  • Census Tract: 314102

Zoning

  • Zoning: R1

Geography

  • Account Number: 273306
  • District: 79
  • Parcel: DRAC M:16 L:78
  • Lot: 78
  • Municipality: DRACUT
  • Latitude: 42.6901
  • Longitude: -71.3475

    Address

  • Full Address: 116 Pine Valley Dr
  • Address - House Number: 116
  • Address - Street Name: Pine Valley
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Dracut
  • Carrier Code: C006
  • 4-Digit Zip Code: 1127
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $499,400

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 586,652
  • High Value: 692,215
  • Low Value: 481,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $477,900
  • Assessed Land Value: $198,200
  • Assessed Improvements Value: $279,700

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12963
  • Previous Sale Recording Date: Jul 27, 2020
  • Previous Sale Contract Date: Jul 22, 2020
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72675598

Frequently Asked Questions

When was property at 116 Pine Valley Drive built and last sold?
The property at 116 Pine Valley Drive was built in 1964 and last sold on Feb 26, 2021 for $480,000.
How much is this home worth?
The estimated value of the home located at 116 Pine Valley Drive is $508,894.
What are some comparable homes to 116 Pine Valley Drive?
There are currently no comparable homes to 116 Pine Valley Drive.
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