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Middlesex
2 Washington Ave
$215,000
● House - Off Market

2 Washington Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,218 Ft²
$584,300
RealtyHop Estimate
165.71%
Since Feb 1, 2002
National-US
Primary Model

About This Property

ON A NICE CORNER LOT SITS THIS PRETTY COLONIAL WITH A FARMERS PORCH.  (GLENWOOD ESTATES)  MASTER BEDROOM HAS A CATHEDRAL CEILING. HOME SHOWS PRIDE OF OWNERSHIP THROUGHOUT. FRESHLY PAINTED INTERIOR, NEWER CARPETS. SEE IT TODAY.
Unit Size
1,218 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$181
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1994

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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 years ago (MLSPIN #30555842)

Price History

Date / Event Date Event Price
Jan 31, 2002 Sold
Premium
Sold
Oct 26, 2001 Listed by Coco, Early & Associates $219,900
Listed by Coco, Early & Associates
Jul 6, 1999 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • 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: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,218
  • Gross Building Area: 1,974
  • Building Area: 1,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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

  • District: 79
  • Parcel: DRAC M:71 B:16 L:1
  • Block: 16
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.6597
  • Longitude: -71.2799

    Address

  • Full Address: 2 Washington Ave
  • Address - House Number: 2
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C005
  • 4-Digit Zip Code: 5754
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $420,000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 449,677
  • High Value: 523,659
  • Low Value: 375,695

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $401,900
  • Assessed Land Value: $169,600
  • Assessed Improvements Value: $232,300

    Sales

  • Current Sale Recording Date: Jan 31, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 06, 1999
  • Previous Sale Amount: $131,250
  • 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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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 years ago
Data Source: MLS PIN, MLS# 30555842

Frequently Asked Questions

When was property at 2 Washington Avenue built and last sold?
The property at 2 Washington Avenue was built in 1994 and last sold on Jan 1, 1970 for $215,000.
How much is this home worth?
The estimated value of the home located at 2 Washington Avenue is $0.
What are some comparable homes to 2 Washington Avenue?
There are currently no comparable homes to 2 Washington Avenue.
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