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Middlesex
203 Forest Park Road
$315,000
● House - Off Market

203 Forest Park Road

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,272 Ft²
$549,451
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

Come view this magnificent Multi-level home with a choice location on Forest Park Road surrounded by the State Forest. It is in the most secluded area possible.  Extra large multi-level home with 3 bedrooms, 2 1/2 baths, beautiful basement room with a bar area, separate laundry room, hardwood floors, 2-car garage, enclosed large patio, 3 utility sheds and so much more.  This is a one owner home that has been kept in pristine condition.
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$244
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1964

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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: 5 months ago (MLSPIN #71939935)

Price History

Date / Event Date Event Price
Jan 29, 2016 Sold
Premium
Sold
Dec 9, 2015 Listed by Dick Lepine Real Estate, Inc. $310,000
Listed by Dick Lepine Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,230
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,437
  • Total Building Area: 1,272
  • Gross Building Area: 3,000
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000676
  • 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: 328408
  • District: 79
  • Parcel: DRAC M:43 L:29
  • Lot: 29
  • Municipality: DRACUT
  • Latitude: 42.669
  • Longitude: -71.3647

    Address

  • Full Address: 203 Forest Park Rd
  • Address - House Number: 203
  • Address - Street Name: Forest Park
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C025
  • 4-Digit Zip Code: 4319
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,600

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 537,986
  • High Value: 637,683
  • Low Value: 438,289

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $451,300
  • Assessed Land Value: $207,800
  • Assessed Improvements Value: $243,500

    Sales

  • Current Sale Recording Date: Jan 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4085
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

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2685 ft²

Average Home Age

65 years

Currently For Sale

3224 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: 5 months ago
Data Source: MLS PIN, MLS# 71939935

Frequently Asked Questions

When was property at 203 Forest Park Road built and last sold?
The property at 203 Forest Park Road was built in 1964 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 203 Forest Park Road is $327,394.
What are some comparable homes to 203 Forest Park Road?
There are currently no comparable homes to 203 Forest Park Road.
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