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Middlesex
15 Cottage St
$420,000
● House - Off Market

15 Cottage St

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,348 Ft²
$421,733
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

priced to sell ! This beautiful home has been updated inside and out - all you need to do is move in! The first floor offers an open concept layout, perfect for entertaining. Refinished oak floors gleam throughout the living and dining areas and kitchen, complimenting the white shaker cabinets, granite counters and stainless steel appliances. Spend the rest of the summer enjoying the enclosed heated porch. A full bath with a tiled shower and laundry hookups, as well as a half bath off of the kitchen complete the first floor. Upstairs you'll find a master bedroom with a walk-in closet, and two more generous bedrooms. Updates include a new roof, all new plumbing and wiring, and a new high efficiency gas heating system. The large fenced in yard has a patio and deck to enjoy the outdoor space  - this home will not last!
Unit Size
1,348 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$289
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1886

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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: 6 months ago (MLSPIN #72919108)

Price History

Date / Event Date Event Price
Jan 6, 2022 Sold
Premium
Sold
Nov 11, 2021 Listed by RE/MAX Insight $389,900
Listed by RE/MAX Insight
Sep 28, 2018 Sold
Premium
Sold
Jun 27, 2018 Listed by RE/MAX Insight $319,900
Listed by RE/MAX Insight
Dec 15, 2017 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1886
  • Effective Year Built: 1886
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,975
  • Total Building Area: 1,205
  • Gross Building Area: 2,475
  • Building Area: 1,205
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,205
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • 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: 314102

Zoning

  • Zoning: R3

Geography

  • Account Number: 241203
  • District: 79
  • Parcel: DRAC M:32 L:80
  • Lot: 80
  • Municipality: DRACUT
  • Latitude: 42.6808
  • Longitude: -71.3521

    Address

  • Full Address: 15 Cottage St
  • Address - House Number: 15
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C012
  • 4-Digit Zip Code: 3205
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $470,300

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 457,083
  • High Value: 574,414
  • Low Value: 339,751

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $450,000
  • Assessed Land Value: $182,900
  • Assessed Improvements Value: $267,100

    Sales

  • Current Sale Contract Date: Jan 06, 2022
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 958
  • Previous Sale Recording Date: Sep 28, 2018
  • Previous Sale Amount: $319,900
  • 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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2702 ft²

Average Home Age

65.1 years

Currently For Sale

3031 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: 6 months ago
Data Source: MLS PIN, MLS# 72919108

Frequently Asked Questions

When was property at 15 Cottage Street built and last sold?
The property at 15 Cottage Street was built in 1886 and last sold on Jan 6, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 15 Cottage Street is $405,118.
What are some comparable homes to 15 Cottage Street?
There are currently no comparable homes to 15 Cottage Street.
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