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Middlesex
22 Elsmere Ter
$253,000
● House - Off Market

22 Elsmere Ter

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,288 Ft²
$467,098
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Lovely 4 bedroom Dracut Cape on a level corner lot, with views of the Merrimack River. Wrap around driveway. Fully applianced, remodeled kitchen with ceiling fan,  center island, tile floor, open to dining area with new slider leading to large deck. Updated tiled bath, new tub and surround. Bright and sunny Living Room. Great floor plan for entertaining. Updated bath with tile floor, newer vanity. First floor master bedroom, hardwood floor. 2 good size carpeted bedrooms on the 2nd level with lots of built-ins! newer heating system, electrical service, water heater and water softener. Conveniently located with easy access to Rtes 93, 3 and 495. (Fireplace in living room is decorative.) Seller to provide AHS Home Warranty.
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$194
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949

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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 #71651243)

Price History

Date / Event Date Event Price
May 9, 2014 Sold
Premium
Sold
Mar 28, 2014 Listed by Coldwell Banker Residential Brokerage - Tewksbury $249,900
Listed by Coldwell Banker Residential Brokerage - Tewksbury
Apr 28, 2010 Sold
Premium
Sold
Feb 11, 2010 Listed by Coldwell Banker Residential Brokerage - Tewksbury $187,500
Listed by Coldwell Banker Residential Brokerage - Tewksbury

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1,004
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,944
  • Total Building Area: 1,288
  • Gross Building Area: 3,028
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000481
  • 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: B3

Geography

  • Account Number: 80734
  • District: 79
  • Parcel: DRAC M:71 L:66
  • Lot: 66
  • Municipality: DRACUT
  • Latitude: 42.6552
  • Longitude: -71.2825

    Address

  • Full Address: 22 Elsmere Ter
  • Address - House Number: 22
  • Address - Street Name: Elsmere
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Dracut
  • Carrier Code: C004
  • 4-Digit Zip Code: 5616
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $485,200

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 496,553
  • High Value: 591,501
  • Low Value: 401,606

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $464,300
  • Assessed Land Value: $217,300
  • Assessed Improvements Value: $247,000

    Sales

  • Current Sale Recording Date: May 09, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16512
  • Previous Sale Recording Date: Apr 28, 2010
  • Previous Sale Amount: $185,500
  • 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

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# 71651243

Frequently Asked Questions

When was property at 22 Elsmere Terrace built and last sold?
The property at 22 Elsmere Terrace was built in 1949 and last sold on Jan 1, 1970 for $253,000.
How much is this home worth?
The estimated value of the home located at 22 Elsmere Terrace is $266,347.
What are some comparable homes to 22 Elsmere Terrace?
There are currently no comparable homes to 22 Elsmere Terrace.
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