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Middlesex
156 Old Rd
$255,000
● House - Off Market

156 Old Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,057 Ft²
$366,417
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

First time home buyers take notice....  Bring your TLC and finishing touches to this house and turn it  into your dream home.  Upon entering the property you enter through a "Four Season" enclosed porch that leads directly into a cozy living room area.  Spacious eat-in kitchen with granite counter tops.  1st floor bedroom option. 2nd floor boasts 2 additional bedrooms with ample closet space in each.  Exterior lot is level with an above ground pool, fire pit and private fenced in area for gardening.  Solar panels reside on the roof of house and active contract is in place with company.  Two car driveway completes this package.  So come on by and check it yourself.    OPEN HOUSE CANCELLED, SELLER ACCEPTED AN OFFER.
Unit Size
1,057 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$236
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1940

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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 #72525601)

Price History

Date / Event Date Event Price
Aug 8, 2019 Sold
Premium
Sold
Jun 26, 2019 Listed by Prestige Homes Real Estate, LLC $249,900
Listed by Prestige Homes Real Estate, LLC
Apr 14, 2003 Sold
Premium
Sold
Jan 15, 2003 Listed by Prestige Homes Real Estate, LLC $214,900
Listed by Prestige Homes Real Estate, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 783
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,095
  • Total Building Area: 1,057
  • Gross Building Area: 2,613
  • Building Area: 1,057
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,057
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • 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: R3

Geography

  • Account Number: 161926
  • District: 79
  • Parcel: DRAC M:46 L:8
  • Lot: 8
  • Municipality: DRACUT
  • Latitude: 42.6751
  • Longitude: -71.3236

    Address

  • Full Address: 156 Old Rd
  • Address - House Number: 156
  • Address - Street Name: Old
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C008
  • 4-Digit Zip Code: 3538
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $412,500

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 406,507
  • High Value: 484,236
  • Low Value: 328,777

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $394,700
  • Assessed Land Value: $177,800
  • Assessed Improvements Value: $216,900

    Sales

  • Current Sale Contract Date: Aug 07, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32958
  • Previous Sale Recording Date: Apr 14, 2003
  • Previous Sale Amount: $214,900
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 4 months ago
Data Source: MLS PIN, MLS# 72525601

Frequently Asked Questions

When was property at 156 Old Road built and last sold?
The property at 156 Old Road was built in 1940 and last sold on Aug 7, 2019 for $255,000.
How much is this home worth?
The estimated value of the home located at 156 Old Road is $262,788.
What are some comparable homes to 156 Old Road?
There are currently no comparable homes to 156 Old Road.
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