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Middlesex
1361 Broadway Rd
$702,500
● House - Off Market

1361 Broadway Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
4,925 Ft²
$699,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Oversized Custom Cape nestled on an acre plus lot with picturesque views. Spacious first floor plan with gleaming hardwood floors, kitchen, den, dining room with built-in hutch, living room and family room both with fireplaces.  First floor primary bedroom suite with beautiful details which include cathedral ceilings, a spa like bathroom and walk-in closet.  There are 3 additional bedrooms on the second level with full bath and walk-in cedar closet.  Finished lower level with walk-out access to patio area, a great room with wood stove, half bath, home office and 2 bonus rooms. Plenty of storage in the basement and attic area.  Other features include 2 car attached garage and large wraparound deck overlooking the scenic country views. Convenient location, close to Route 93. Welcome Home!
Unit Size
4,925 Ft²
Days on Market
-
Land Size
1.78 acres
Price per sqft
$142
Property Type
House
Property Taxes
$700
HOA Dues
-
Year Built
1953

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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 #73149685)

Price History

Date / Event Date Event Price
Nov 29, 2023 Sold
Premium
Sold
Nov 2, 2023 In contract -
In contract
Oct 26, 2023 Relisted $699,900
Relisted
Sep 12, 2023 In contract -
In contract
Aug 17, 2023 Listed by RE/MAX Innovative Properties $699,900
Listed by RE/MAX Innovative Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 9
  • Basement Area: 2,180
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,450
  • Total Building Area: 3,714
  • Gross Building Area: 8,417
  • Building Area: 3,714
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,714
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001778
  • 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: 138003
  • District: 79
  • Parcel: DRAC M:8 B:14 L:4
  • Block: 14
  • Lot: 4
  • Municipality: DRACUT
  • Latitude: 42.7
  • Longitude: -71.2548

    Address

  • Full Address: 1361 Broadway Rd
  • Address - House Number: 1361
  • Address - Street Name: Broadway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R004
  • 4-Digit Zip Code: 2813
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $842,100

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 865,450
  • High Value: 1,004,884
  • Low Value: 726,016

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $805,800
  • Assessed Land Value: $194,300
  • Assessed Improvements Value: $611,500

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35272
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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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: 4 months ago
Data Source: MLS PIN, MLS# 73149685

Frequently Asked Questions

When was property at 1361 Broadway Road built and last sold?
The property at 1361 Broadway Road was built in 1953 and last sold on Nov 29, 2023 for $702,500.
How much is this home worth?
The estimated value of the home located at 1361 Broadway Road is $783,506.
What are some comparable homes to 1361 Broadway Road?
There are currently no comparable homes to 1361 Broadway Road.
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