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Middlesex
128 Parker Ave
$370,000
● House - Off Market

128 Parker Ave

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$454,080
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

MOTIVATED SELLER!!! 4 Bed Ranch with TONS of potential! Eat in kitchen opens to a BIG living room.  The 4th bed can be turned into a Master Bath and Walk- In Closet! The HUGE unfinished walk out basement is just waiting to be finished off! The wooded lot to the right is all part of this property and can be used as privacy or possible potential of a detached garage! Commuter rail, UMass,  Lowell General Hospital,Tax free NH shopping & Routes 93,495 & 3 are all close by! Add your personal touch and turn this spacious home into a Palace!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$278
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1964

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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 #72794059)

Price History

Date / Event Date Event Price
Sep 23, 2021 Sold
Premium
Sold
Mar 5, 2021 Listed by Century 21 North East $400,000
Listed by Century 21 North East

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • 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: 18
  • 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: 1,440
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,047
  • Total Building Area: 1,440
  • Gross Building Area: 2,936
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000759
  • 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: GR

Geography

  • Account Number: 181420
  • District: 79
  • Parcel: DRAC M:59 B:198 L:1
  • Block: 198
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.664
  • Longitude: -71.3296

    Address

  • Full Address: 128 Parker Ave
  • Address - House Number: 128
  • Address - Street Name: Parker
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C014
  • 4-Digit Zip Code: 4674
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $452,600

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 459,241
  • High Value: 547,054
  • Low Value: 371,428

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $433,100
  • Assessed Land Value: $211,400
  • Assessed Improvements Value: $221,700

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55651
  • Previous Sale Recording Date: Jan 19, 2017
  • 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

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2724 ft²

Average Home Age

64.8 years

Currently For Sale

3075 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 years ago
Data Source: MLS PIN, MLS# 72794059

Frequently Asked Questions

When was property at 128 Parker Avenue built and last sold?
The property at 128 Parker Avenue was built in 1964 and last sold on Sep 22, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 128 Parker Avenue is $0.
What are some comparable homes to 128 Parker Avenue?
There are currently no comparable homes to 128 Parker Avenue.
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