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Middlesex
120 Passaconaway Drive
$473,000
● House - Off Market

120 Passaconaway Drive

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,496 Ft²
$462,713
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Immaculate Ranch sitting on a level corner lot with a wooded backdrop! This bright and sunny home is a Must See!!!  Offering 3 Bedrooms, desirable open floor plan, central air conditioning, spacious Kitchen with plenty of cabinet space, hardwood flooring throughout, recessed lighting, crown molding & a family room complete with a wood burning fireplace and sliders to a rear deck overlooking the private backyard! Additional amenities include an irrigation system, vinyl siding, vinyl windows, walk-out basement for future expansion, plenty of storage space all contribute to its exceptional features. No need to look any further...Welcome home!  Open House scheduled for this Saturday 10-12 noon. Come on by and tour this Beautiful home!!!!
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$297
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1956

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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 #73027032)

Price History

Date / Event Date Event Price
Sep 29, 2022 Sold
Premium
Sold
Aug 18, 2022 Listed by Foundation Brokerage Group $444,900
Listed by Foundation Brokerage Group
Aug 5, 2016 Sold
Premium
Sold
Jun 8, 2016 Listed by Foundation Brokerage Group $294,900
Listed by Foundation Brokerage Group
Sep 25, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,076
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,180
  • Total Building Area: 1,496
  • Gross Building Area: 2,708
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000234
  • 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: 314101

Zoning

  • Zoning: R1

Geography

  • Account Number: 760614
  • District: 79
  • Parcel: DRAC M:15 L:135
  • Lot: 135
  • Municipality: DRACUT
  • Latitude: 42.6908
  • Longitude: -71.3585

    Address

  • Full Address: 120 Passaconaway Dr
  • Address - House Number: 120
  • Address - Street Name: Passaconaway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Dracut
  • Carrier Code: C003
  • 4-Digit Zip Code: 1152
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $452,000

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 511,525
  • High Value: 605,283
  • Low Value: 417,767

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,500
  • Assessed Land Value: $183,200
  • Assessed Improvements Value: $249,300

    Sales

  • Current Sale Contract Date: Sep 29, 2022
  • Current Sale Recording Date: Sep 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40816
  • Previous Sale Recording Date: Aug 05, 2016
  • Previous Sale Amount: $302,442
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73027032

Frequently Asked Questions

When was property at 120 Passaconaway Drive built and last sold?
The property at 120 Passaconaway Drive was built in 1956 and last sold on Sep 29, 2022 for $473,000.
How much is this home worth?
The estimated value of the home located at 120 Passaconaway Drive is $452,534.
What are some comparable homes to 120 Passaconaway Drive?
There are currently no comparable homes to 120 Passaconaway Drive.
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