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Middlesex
1208 Broadway Rd
$624,900
● House - Off Market

1208 Broadway Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,040 Ft²
$743,281
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

New construction spacious Ranch with 2 car garage sitting on a acre lot.Open floor plan that features a Country Kitchen and Granite Tops with large Island, Recessed lighting and Dining Area which opens into a large Family Room with Cathedral Ceilings and Gas Fireplace and tons of recessed lighting, Three well sized bedrooms including an incredible owners Suite that features Recessed Lighting.,walk in closet,and a Full Bathroom with dual sinks and tiled walk in shower. Dediceted Mud Room and Laundry Room.
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$306
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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: 5 years ago (MLSPIN #72785049)

Price History

Date / Event Date Event Price
May 26, 2021 Sold
Premium
Sold
Feb 11, 2021 Listed by LAER Realty Partners $624,900
Listed by LAER Realty Partners
Sep 4, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,267
  • Total Building Area: 1,984
  • Gross Building Area: 4,752
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000924
  • 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: 7251
  • District: 79
  • Parcel: DRAC M:7 B:25 L:1
  • Block: 25
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.6991
  • Longitude: -71.2615

    Address

  • Full Address: 1208 Broadway Rd
  • Address - House Number: 1208
  • Address - Street Name: Broadway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R004
  • 4-Digit Zip Code: 2814
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $746,800

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 764,556
  • High Value: 898,495
  • Low Value: 630,618

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $714,600
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $529,100

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31348
  • Previous Sale Recording Date: Sep 04, 2020
  • Previous Sale Contract Date: Sep 04, 2020
  • Previous Sale Amount: $195,000
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 5 years ago
Data Source: MLS PIN, MLS# 72785049

Frequently Asked Questions

When was property at 1208 Broadway Road built and last sold?
The property at 1208 Broadway Road was built in 2020 and last sold on May 26, 2021 for $624,900.
How much is this home worth?
The estimated value of the home located at 1208 Broadway Road is $0.
What are some comparable homes to 1208 Broadway Road?
There are currently no comparable homes to 1208 Broadway Road.
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