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Middlesex
1275 Lakeview Av
$275,000
● House - Off Market

1275 Lakeview Av

Dracut, MA 01826
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$402,390
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Great home!!!  All major items have been updated, electrical panel,  2 year old boiler & hot water tank, 2 year old roof. Hardwood floors through out. Kitchen has oak cabinets. Enclosed porch with heat. Currently washer and dryer are located there. Walk up attic. Enjoy central air!!!  Newly painted interior and back deck overlooking large back yard. Quick closing possible.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$266
Property Type
House
Property Taxes
$214
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: 5 months ago (MLSPIN #72536121)

Price History

Date / Event Date Event Price
Nov 15, 2019 Sold
Premium
Sold
Jul 17, 2019 Listed by RE/MAX Innovative Properties - Pelham $274,900
Listed by RE/MAX Innovative Properties - Pelham
Jun 30, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 936
  • Gross Building Area: 2,092
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 716434
  • District: 79
  • Parcel: DRAC M:48 L:104
  • Lot: 104
  • Municipality: DRACUT
  • Latitude: 42.6696
  • Longitude: -71.3264

    Address

  • Full Address: 1275 Lakeview Ave
  • Address - House Number: 1275
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C008
  • 4-Digit Zip Code: 3528
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $340,600

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 366,030
  • High Value: 426,250
  • Low Value: 305,810

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $325,900
  • Assessed Land Value: $145,800
  • Assessed Improvements Value: $180,100

    Sales

  • Current Sale Contract Date: Nov 11, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51032
  • Previous Sale Recording Date: Jun 30, 1987
  • Previous Sale Amount: $114,900
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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: 5 months ago
Data Source: MLS PIN, MLS# 72536121

Frequently Asked Questions

When was property at 1275 Lakeview Avenue built and last sold?
The property at 1275 Lakeview Avenue was built in 1956 and last sold on Nov 11, 2019 for $275,000.
How much is this home worth?
The estimated value of the home located at 1275 Lakeview Avenue is $288,775.
What are some comparable homes to 1275 Lakeview Avenue?
There are currently no comparable homes to 1275 Lakeview Avenue.
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