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Middlesex
16 Trinity Way
$482,000
● House - Off Market

16 Trinity Way

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,324 Ft²
$570,277
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Diamond in the rough..this gem needs polishing and will again shine! Plenty of space to live and play...4 bedrooms, 3 baths, on 3+ acres! Front to back master bedroom with ensuite and walk in closet . Main bathroom with tub/shower and convenient 1st floor 3/4 bath and laundry room. Eat in kitchen plus separate dining room. Front to back fireplaced living room with vaulted ceiling and a bonus room! back deck leads to above ground pool. Plenty of yard space for cookouts/play, great home for entertaining! Rte 93 and rte 113 just minutes away. Newer heating system and garage doors . Buyer responsible all due diligence, smoke certs and Title 5.
Unit Size
2,324 Ft²
Days on Market
-
Land Size
3.03 acres
Price per sqft
$235
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1995

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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 #73036340)

Price History

Date / Event Date Event Price
Oct 27, 2022 Sold
Premium
Sold
Oct 7, 2022 In contract -
In contract
Sep 14, 2022 Listed by Vylla Home $545,000
Listed by Vylla Home
Sep 13, 2022 Sold
Premium
Sold
Nov 30, 2021 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 780
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 131,987
  • Total Building Area: 2,324
  • Gross Building Area: 3,792
  • Building Area: 2,324
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,324
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003030
  • 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

  • District: 79
  • Parcel: DRAC M:7 B:11 L:2.2
  • Block: 11
  • Lot: 2.2
  • Municipality: DRACUT
  • Latitude: 42.7063
  • Longitude: -71.2781

    Address

  • Full Address: 16 Trinity Way
  • Address - House Number: 16
  • Address - Street Name: Trinity
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1545
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $693,800

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 504,029
  • High Value: 543,037
  • Low Value: 465,022

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $663,900
  • Assessed Land Value: $251,500
  • Assessed Improvements Value: $412,400

    Sales

  • Current Sale Contract Date: Oct 25, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44545
  • Previous Sale Recording Date: Sep 13, 2022
  • Previous Sale Contract Date: Aug 16, 2022
  • Previous Sale Amount: $508,000
  • Previous Sale Document Type: 34
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# 73036340

Frequently Asked Questions

When was property at 16 Trinity Way built and last sold?
The property at 16 Trinity Way was built in 1995 and last sold on Oct 25, 2022 for $506,100.
How much is this home worth?
The estimated value of the home located at 16 Trinity Way is $569,981.
What are some comparable homes to 16 Trinity Way?
There are currently no comparable homes to 16 Trinity Way.
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