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Middlesex
155 Spring Rd
$396,000
● House - Off Market

155 Spring Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,968 Ft²
$611,803
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Beautifully maintained colonial on picturesque level corner lot. Original owners have kept this home in pristine condition.  The pictures tell the story. Many upgrades over the years. Solar panels help with the electric! Back up generator too!  In ground with fence and patio area along with cabana room. Peaceful setting. Lot has plenty of room for yard games. Inviting kitchen with breakfast bar, eat in area, granite counter tops, hard wood floors and island.  Fireplace family room with pellet stove. Wired for sound system with some speakers already installed.  Four season room overlooking the pool is great for meals or leisure reading area. Heated partially finished lower level and workshop area.  Thermal pane windows, newer roof, 6 panel solid doors and more.
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$196
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1987

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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: 4 months ago (MLSPIN #72218413)

Price History

Date / Event Date Event Price
Oct 12, 2017 Sold
Premium
Sold
Aug 23, 2017 Listed by RE/MAX Partners $384,900
Listed by RE/MAX Partners

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,244
  • Total Building Area: 1,800
  • Gross Building Area: 3,868
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 6

    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: 863819
  • District: 79
  • Parcel: DRAC M:2 B:13 L:3
  • Block: 13
  • Lot: 3
  • Municipality: DRACUT
  • Latitude: 42.7255
  • Longitude: -71.2597

    Address

  • Full Address: 155 Spring Rd
  • Address - House Number: 155
  • Address - Street Name: Spring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1600
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,200

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 639,080
  • High Value: 757,510
  • Low Value: 520,649

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $549,500
  • Assessed Land Value: $218,200
  • Assessed Improvements Value: $331,300

    Sales

  • Current Sale Recording Date: Oct 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45684
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

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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

Unit for rent at 4 Arbor, Pelham, 03076

$3,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,772 ft²
4 Arbor, Pelham, 03076 Listing by DawnMarie McCarthy
Unit for rent at 58 Brady, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72218413

Frequently Asked Questions

When was property at 155 Spring Road built and last sold?
The property at 155 Spring Road was built in 1987 and last sold on Jan 1, 1970 for $396,000.
How much is this home worth?
The estimated value of the home located at 155 Spring Road is $416,471.
What are some comparable homes to 155 Spring Road?
There are currently no comparable homes to 155 Spring Road.
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