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Middlesex
19 Colonial Dr
$630,000
● House - Off Market

19 Colonial Dr

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,042 Ft²
$654,938
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This home has so many amenities, beautiful outside living space, desirable Parker Village neighborhood, bright light from the many windows and sky-lights. Open living floor plan, lower level has bedroom suite with fireplace, 3/4 bath, separate entrance, Upper level has 3 bedrooms with newly renovated bath, Kitchen is spacious and open for all your family gatherings with wine refrigerator, granite counter tops and center island. Your outdoor living is perfect for private get togethers to large gatherings, heated above ground pool has not been used by current owners. Newer roof with ice dam heat shield.  Garage has been converted into bonus space. Easy to show.What a beautiful home to start your next chapter.
Unit Size
2,042 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$318
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1981

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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 #73089519)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 25, 2023 In contract -
In contract
Mar 21, 2023 Listed by Conway - Hanover $649,900
Listed by Conway - Hanover
Aug 1, 2022 Sold
Premium
Sold
May 19, 2022 Listed by Conway - Hanover $639,900
Listed by Conway - Hanover
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • 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: 832
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Total Building Area: 1,470
  • Gross Building Area: 3,270
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001040
  • 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: 314301

Zoning

  • Zoning: R1

Geography

  • Account Number: 400636
  • District: 79
  • Parcel: DRAC M:54 L:216
  • Lot: 216
  • Municipality: DRACUT
  • Latitude: 42.676
  • Longitude: -71.2786

    Address

  • Full Address: 19 Colonial Dr
  • Address - House Number: 19
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Dracut
  • Carrier Code: R004
  • 4-Digit Zip Code: 4151
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $591,700

    Appraisal Valuation

  • Standard Deviation: 0.1794
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 617,207
  • High Value: 727,990
  • Low Value: 506,424

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $566,200
  • Assessed Land Value: $243,700
  • Assessed Improvements Value: $322,500

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15031
  • Previous Sale Recording Date: Aug 01, 2022
  • Previous Sale Contract Date: Aug 01, 2022
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: O
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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73089519

Frequently Asked Questions

When was property at 19 Colonial Drive built and last sold?
The property at 19 Colonial Drive was built in 1981 and last sold on May 31, 2023 for $630,000.
How much is this home worth?
The estimated value of the home located at 19 Colonial Drive is $667,411.
What are some comparable homes to 19 Colonial Drive?
There are currently no comparable homes to 19 Colonial Drive.
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