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Middlesex
118 Horse Shoe Rd
$420,000
● House - Off Market

118 Horse Shoe Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,156 Ft²
$628,800
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Welcome to Horse Shoe Rd! Well maintained four bedroom in East Dracut just minutes from Rt. 93. Featuring a gorgeous sun room, hardwood in the dining room and all bedrooms, central air and a nicely landscaped lot with backyard privacy. Two car garage with plenty of storage space above, recently updated electrical service are just a couple of valuable perks. Energy audit completed! You will LOVE it here for many years to come.
Unit Size
2,156 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$199
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1974

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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: 5 months ago (MLSPIN #72567454)

Price History

Date / Event Date Event Price
Dec 4, 2019 Sold
Premium
Sold
Sep 19, 2019 Listed by RE/MAX Insight $429,900
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,284
  • Total Building Area: 2,012
  • Gross Building Area: 3,566
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000948
  • 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: 314302

Zoning

  • Zoning: R1

Geography

  • Account Number: 188821
  • District: 79
  • Parcel: DRAC M:22 L:61
  • Lot: 61
  • Municipality: DRACUT
  • Latitude: 42.691
  • Longitude: -71.2447

    Address

  • Full Address: 118 Horseshoe Rd
  • Address - House Number: 118
  • Address - Street Name: Horseshoe
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R002
  • 4-Digit Zip Code: 4206
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $555,500

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 612,706
  • High Value: 715,420
  • Low Value: 509,991

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $531,600
  • Assessed Land Value: $241,100
  • Assessed Improvements Value: $290,500

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Dec 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54262
  • Previous Sale Recording Date: May 21, 2014
  • Previous Sale Document Type: 27
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:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2710 ft²

Average Home Age

65.4 years

Currently For Sale

3257 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: 5 months ago
Data Source: MLS PIN, MLS# 72567454

Frequently Asked Questions

When was property at 118 Horseshoe Road built and last sold?
The property at 118 Horseshoe Road was built in 1974 and last sold on Nov 26, 2019 for $420,000.
How much is this home worth?
The estimated value of the home located at 118 Horseshoe Road is $460,153.
What are some comparable homes to 118 Horseshoe Road?
There are currently no comparable homes to 118 Horseshoe Road.
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