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Middlesex
2 Lewis Street
$325,900
● House - Off Market

2 Lewis Street

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,924 Ft²
$706,049
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

THIS NEW CONSTRUCTION HOME IN EAST DRACUT ACROSS FROM PETERS POND HAS 7-ROOMS, 3-BEDROOMS, 3-FULL BATHS AND 2-CAR GARAGE UNDER ON APPROXIMATELY 33,955 SQUARE FEET OF LAND.  FINISHED ROOM IN THE LOWER LEVEL WITH A GAS FIREPLACE.  ALL HARDWOOD FLOORING ON THE FIRST LIVING LEVEL.  THE MASTER BEDROOM HAS A WALK-IN CLOSET AND MASTER BATH.  CONVIENENT TO SHOPPING AND 93.
Unit Size
2,924 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$113
Property Type
House
Property Taxes
$8,333
HOA Dues
-
Year Built
2011

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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 #71431838)

Price History

Date / Event Date Event Price
Sep 18, 2017 Sold
Premium
Sold
Jan 11, 2013 Sold
Premium
Sold
Sep 6, 2012 Listed by Dick Lepine Real Estate, Inc. $329,900
Listed by Dick Lepine Real Estate, Inc.

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 548
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Total Building Area: 2,272
  • Gross Building Area: 3,528
  • Building Area: 2,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 243134
  • District: 79
  • Parcel: DRAC M:5 L:105
  • Lot: 105
  • Municipality: DRACUT
  • Latitude: 42.7115
  • Longitude: -71.2582

    Address

  • Full Address: 2 Lewis St
  • Address - House Number: 2
  • Address - Street Name: Lewis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1719
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $643,600

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 672,327
  • High Value: 785,036
  • Low Value: 559,617

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $615,900
  • Assessed Land Value: $156,500
  • Assessed Improvements Value: $459,400

    Sales

  • Current Sale Recording Date: Sep 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41197
  • Previous Sale Recording Date: Jan 11, 2013
  • Previous Sale Amount: $325,900
  • 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:

$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# 71431838

Frequently Asked Questions

When was property at 2 Lewis Street built and last sold?
The property at 2 Lewis Street was built in 2011 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 2 Lewis Street is $384,145.
What are some comparable homes to 2 Lewis Street?
There are currently no comparable homes to 2 Lewis Street.
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