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Middlesex
16 Payton St
$175,000
● House - Off Market

16 Payton St

Dracut, MA 01826
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,194 Ft²
$368,128
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Short Sale. PRE-APPROVED LIST PRICE BY LENDER!  Close time is 45 days.  Lovely ranch home with spacious cathedral ceiling family room, fenced back yard, a garage to impress all handymen (& women), and a second driveway with back yard access.  The bonus room is currently being used as a Master bedroom and the office is being used an a storage room.  This well maintained home is now available at this aggressive price already approved by the bank!!  Don't miss out on this one.
Unit Size
1,194 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$143
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1961

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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: 6 months ago (MLSPIN #71445887)

Price History

Date / Event Date Event Price
Dec 12, 2012 Sold
Premium
Sold
Oct 10, 2012 Listed by RE/MAX Prestige $171,000
Listed by RE/MAX Prestige
Jul 31, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,500
  • Total Building Area: 1,194
  • Gross Building Area: 1,744
  • Building Area: 1,194
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,194
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000333
  • 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: R1

Geography

  • Account Number: 745414
  • District: 79
  • Parcel: DRAC M:16 L:139
  • Lot: 139
  • Municipality: DRACUT
  • Latitude: 42.6885
  • Longitude: -71.3531

    Address

  • Full Address: 16 Payton St
  • Address - House Number: 16
  • Address - Street Name: Payton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C006
  • 4-Digit Zip Code: 2321
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $433,700

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 470,521
  • High Value: 547,932
  • Low Value: 393,110

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $415,000
  • Assessed Land Value: $189,000
  • Assessed Improvements Value: $226,000

    Sales

  • Current Sale Recording Date: Dec 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Jul 31, 1991
  • Previous Sale Amount: $125,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2722 ft²

Average Home Age

65.1 years

Currently For Sale

3073 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: 6 months ago
Data Source: MLS PIN, MLS# 71445887

Frequently Asked Questions

When was property at 16 Payton Street built and last sold?
The property at 16 Payton Street was built in 1961 and last sold on Jan 1, 1970 for $171,000.
How much is this home worth?
The estimated value of the home located at 16 Payton Street is $192,570.
What are some comparable homes to 16 Payton Street?
There are currently no comparable homes to 16 Payton Street.
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