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Middlesex
185 Salem Rd
$370,000
● House - Off Market

185 Salem Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,088 Ft²
$627,892
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Excellent condition corner lot Colonial in much desired East Dracut. This home has a wonderful flow & offers modern kitchen w/SS appliances, granite counters & hardwood floors, it is also open to dining room and family room. The living room is front to back w/HW floors & a wood burning fireplace. Half bath on 1st floor has W/D hook ups. The second level offers 4bdrms, H/W floors through. M/B has his & hers closets, pull down attic for additional storage & a full basement that could be finished. There is a generous sized deck off of the family room w/cathedral ceilings and a 2 car garage, plenty of parking and an irrigation system.  Roof, heating, central air, windows have been replaced within the last 10 years. Showings start at open house on 4/17 from noon to 2:00, send your buyer, will be honored.
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$177
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1985

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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: 4 months ago (MLSPIN #71985388)

Price History

Date / Event Date Event Price
Jul 1, 2016 Sold
Premium
Sold
Apr 7, 2016 Listed by Keller Williams Realty-Merrimack $369,900
Listed by Keller Williams Realty-Merrimack
May 6, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 1,170
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,005
  • Total Building Area: 2,088
  • Gross Building Area: 4,046
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • 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: 256212
  • District: 79
  • Parcel: DRAC M:8 B:24 L:2
  • Block: 24
  • Lot: 2
  • Municipality: DRACUT
  • Latitude: 42.708
  • Longitude: -71.252

    Address

  • Full Address: 185 Salem Rd
  • Address - House Number: 185
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 2821
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $596,200

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 680,524
  • High Value: 806,635
  • Low Value: 554,413

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $570,500
  • Assessed Land Value: $217,900
  • Assessed Improvements Value: $352,600

    Sales

  • Current Sale Recording Date: Jul 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29566
  • Previous Sale Recording Date: May 06, 1988
  • Previous Sale Amount: $167,000
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71985388

Frequently Asked Questions

When was property at 185 Salem Road built and last sold?
The property at 185 Salem Road was built in 1985 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 185 Salem Road is $401,842.
What are some comparable homes to 185 Salem Road?
There are currently no comparable homes to 185 Salem Road.
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