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Middlesex
214 Varnum Rd
$225,000
● House - Off Market

214 Varnum Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,224 Ft²
$381,483
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

This charming three bedroom ranch home on a one half acre lot features, a full bath, 2 car garage, full unfinished basement, delightful eat-in kitchen and beautiful ground cover. This is a HECM foreclosure and is sold subject to HUD Guidelines 24 CFR 206.125. All inspection costs are the responsibility of the buyer, including smoke detectors.  The buyer will also assume responsibility for utility turn-on and turn-off for inspections.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$196
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #72142216)

Price History

Date / Event Date Event Price
Oct 3, 2017 Sold
Premium
Sold
Apr 6, 2017 Listed by Hoskins Realty, Inc. $240,000
Listed by Hoskins Realty, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,128
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,050
  • Total Building Area: 1,258
  • Gross Building Area: 3,606
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000506
  • 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: 672712
  • District: 79
  • Parcel: DRAC M:31 L:26
  • Lot: 26
  • Municipality: DRACUT
  • Latitude: 42.6807
  • Longitude: -71.3617

    Address

  • Full Address: 214 Varnum Rd
  • Address - House Number: 214
  • Address - Street Name: Varnum
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C002
  • 4-Digit Zip Code: 3039
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $453,900

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 517,556
  • High Value: 602,705
  • Low Value: 432,406

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $434,400
  • Assessed Land Value: $198,900
  • Assessed Improvements Value: $235,500

    Sales

  • Current Sale Recording Date: Oct 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44287
  • Previous Sale Recording Date: Dec 16, 2016
  • Previous Sale Document Type: 34
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72142216

Frequently Asked Questions

When was property at 214 Varnum Road built and last sold?
The property at 214 Varnum Road was built in 1955 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 214 Varnum Road is $257,793.
What are some comparable homes to 214 Varnum Road?
There are currently no comparable homes to 214 Varnum Road.
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