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Middlesex
1177 Lakeview Ave
$243,500
● House - Off Market

1177 Lakeview Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,443 Ft²
$372,883
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Easy to show!  Great opportunity to own this 3 bedroom single family home. Enjoy views of the Beaver Brook Reservoir and the park from the front porch. The first floor features a large entryway, open living area, eat in kitchen, master bedroom, bathroom & separate large laundry room. The second floor has two generously sized bedrooms. Large enclosed backyard for entertaining and a convenient storage shed! Convenient to major highways and public transportation as well as UMASS Lowell.
Unit Size
1,443 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$170
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1906

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 6 months ago (MLSPIN #72284672)

Price History

Date / Event Date Event Price
May 10, 2018 Sold
Premium
Sold
Feb 22, 2018 Listed by Stone Ridge Properties, Inc. $244,900
Listed by Stone Ridge Properties, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,014
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Total Building Area: 1,446
  • Gross Building Area: 2,672
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • 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: 314200

Zoning

  • Zoning: B3

Geography

  • Account Number: 168604
  • District: 79
  • Parcel: DRAC M:49 L:26
  • Lot: 26
  • Municipality: DRACUT
  • Latitude: 42.6671
  • Longitude: -71.3235

    Address

  • Full Address: 1177 Lakeview Ave
  • Address - House Number: 1177
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C008
  • 4-Digit Zip Code: 4701
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $384,100

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 403,221
  • High Value: 480,322
  • Low Value: 326,120

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $367,600
  • Assessed Land Value: $122,600
  • Assessed Improvements Value: $245,000

    Sales

  • Current Sale Recording Date: May 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18663
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:

$824,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72284672

Frequently Asked Questions

When was property at 1177 Lakeview Avenue built and last sold?
The property at 1177 Lakeview Avenue was built in 1906 and last sold on Jan 1, 1970 for $243,500.
How much is this home worth?
The estimated value of the home located at 1177 Lakeview Avenue is $267,965.
What are some comparable homes to 1177 Lakeview Avenue?
There are currently no comparable homes to 1177 Lakeview Avenue.
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