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Middlesex
157 Old Meadow Rd
$425,000
● House - Off Market

157 Old Meadow Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
957 Ft²
$384,304
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Literally nothing to do but move into this beautiful, immaculate home!  Have your morning coffee in the sunroom and overlook the lovely fenced in back yard, perfect for those summer barbeques!  Add a two-car garage and plenty of parking, this home has it all.   Showings will be limited to Open House on May 7th, 10:30-12:30.  Offers due by Monday, May 9th at noon. Seller reserves the right to accept an offer at any time.  Don't miss out on this Dracut gem!
Unit Size
957 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$397
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1936

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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 #72975838)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
May 4, 2022 Listed by LAER Realty Partners $379,900
Listed by LAER Realty Partners
Jul 8, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 638
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,050
  • Total Building Area: 957
  • Gross Building Area: 2,214
  • Building Area: 957
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 957
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000254
  • 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: B1

Geography

  • Account Number: 185208
  • District: 79
  • Parcel: DRAC M:61 L:15
  • Lot: 15
  • Municipality: DRACUT
  • Latitude: 42.6598
  • Longitude: -71.3354

    Address

  • Full Address: 157 Old Meadow Rd
  • Address - House Number: 157
  • Address - Street Name: Old Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C014
  • 4-Digit Zip Code: 5538
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $416,000

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 447,822
  • High Value: 524,969
  • Low Value: 370,675

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,100
  • Assessed Land Value: $184,400
  • Assessed Improvements Value: $213,700

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 316698
  • Previous Sale Recording Date: Jul 08, 2004
  • Previous Sale Amount: $19,300
  • Previous Sale Document Type: 48

    Financing

  • First Mortgage Financing Type: ADJ
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# 72975838

Frequently Asked Questions

When was property at 157 Old Meadow Road built and last sold?
The property at 157 Old Meadow Road was built in 1936 and last sold on Jun 28, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 157 Old Meadow Road is $390,475.
What are some comparable homes to 157 Old Meadow Road?
There are currently no comparable homes to 157 Old Meadow Road.
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