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Middlesex
188 Forest Park Rd
Photo of 188 Forest Park Rd
Sold on Jun 9, 2011

1

Map

$227,500
● House - Off Market

188 Forest Park Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$496,539
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

Opportunity awaits you in this 3 (or 4) bedroom Split-Entry home in one of Dracut's sought after neighborhoods. A spacious yard to enjoy year round, large paved driveway and nicely situated "on the loop". An e-z drive to Route 3, Gallagher Terminal and NH shopping. Make this home shine w/ a little tlc.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$182
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #71224682)

Price History

Date / Event Date Event Price
Jun 9, 2011 Sold
Premium
Sold
Apr 29, 2011 Listed by RE/MAX Prestige $227,500
Listed by RE/MAX Prestige
Apr 29, 2004 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 23
  • 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: 1,176
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,015
  • Total Building Area: 1,248
  • Gross Building Area: 2,676
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • 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: 314101

Zoning

  • Zoning: R1

Geography

  • Account Number: 88935
  • District: 79
  • Parcel: DRAC M:43 L:61
  • Lot: 61
  • Municipality: DRACUT
  • Latitude: 42.6686
  • Longitude: -71.3639

    Address

  • Full Address: 188 Forest Park Rd
  • Address - House Number: 188
  • Address - Street Name: Forest Park
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C025
  • 4-Digit Zip Code: 4320
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $445,800

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 516,871
  • High Value: 615,704
  • Low Value: 418,038

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $426,600
  • Assessed Land Value: $189,700
  • Assessed Improvements Value: $236,900

    Sales

  • Current Sale Recording Date: Jun 09, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Apr 29, 2004
  • Previous Sale Amount: $230,000
  • 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:

$815,000

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

Unit for rent at 21 Barbara, Lowell, 01854

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,330 ft²
21 Barbara, Lowell, 01854

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71224682

Frequently Asked Questions

When was property at 188 Forest Park Road built and last sold?
The property at 188 Forest Park Road was built in 1965 and last sold on Jan 1, 1970 for $227,500.
How much is this home worth?
The estimated value of the home located at 188 Forest Park Road is $246,362.
What are some comparable homes to 188 Forest Park Road?
There are currently no comparable homes to 188 Forest Park Road.
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