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Middlesex
22 Mullen Lane
$265,000
● House - Off Market

22 Mullen Lane

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,356 Ft²
$557,965
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Beautifully maintained pride of one ownership in sought after neighborhood. Featuring kitchen with corain countertop, tile backsplash, wainscoating, double sink, ceiling fan and recess lighting. Living room with hardwood floor & ceiling fan. 3 bedrooms with wall to wall carpet and hardwood floors under carpet. 12x12 sun room overlook 16x32 in-ground pool & manicured lawn with many beautiful flower beds. Partial finished lower level, central A/C and oversize 24x24 2 car garage w/4 car driveway.
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$192
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1971

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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 #71386361)

Price History

Date / Event Date Event Price
Jul 11, 2012 Sold
Premium
Sold
May 22, 2012 Listed by ERA Key Realty Services $259,900
Listed by ERA Key Realty Services

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 960
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,000
  • Total Building Area: 2,152
  • Gross Building Area: 5,024
  • Building Area: 2,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • 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: 314102

Zoning

  • Zoning: R1

Geography

  • Account Number: 404620
  • District: 79
  • Parcel: DRAC M:17 L:70
  • Lot: 70
  • Municipality: DRACUT
  • Latitude: 42.6921
  • Longitude: -71.3401

    Address

  • Full Address: 22 Mullen Ln
  • Address - House Number: 22
  • Address - Street Name: Mullen
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dracut
  • Carrier Code: C007
  • 4-Digit Zip Code: 1216
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $672,000

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 714,110
  • High Value: 839,211
  • Low Value: 589,009

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $643,100
  • Assessed Land Value: $198,800
  • Assessed Improvements Value: $444,300

    Sales

  • Current Sale Recording Date: Jul 11, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000003

    Financing

  • First Mortgage Financing Type: UNK
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# 71386361

Frequently Asked Questions

When was property at 22 Mullen Lane built and last sold?
The property at 22 Mullen Lane was built in 1971 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 22 Mullen Lane is $281,149.
What are some comparable homes to 22 Mullen Lane?
There are currently no comparable homes to 22 Mullen Lane.
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