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Middlesex
22 Witham Ave
$324,500
● House - Off Market

22 Witham Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$500,073
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Do you need a separate area for a parent living with you?  Or an older child that needs his/her own space.  Well if you said yes to either of these questions then this could be the home for you.  This home is set up good for an extended family situation.  This is a cape style home that has a one level accessory unit attached to it.  Fenced in yard, vinyl siding, recently renovated bathroom, and more.  Buyer to do their own due diligence.  Quick closing possible. Motivated sellers.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$172
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1961

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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 #72296852)

Price History

Date / Event Date Event Price
Jun 7, 2018 Sold
Premium
Sold
Mar 22, 2018 Listed by LAER Realty Partners $329,900
Listed by LAER Realty Partners
Mar 15, 2006 Sold
Premium
Sold
Jan 12, 2006 Listed by LAER Realty Partners $270,000
Listed by LAER Realty Partners
Sep 30, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 1,920
  • Gross Building Area: 3,068
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 314200

Zoning

  • Zoning: R3

Geography

  • Account Number: 591814
  • District: 79
  • Parcel: DRAC M:47 L:72
  • Lot: 72
  • Municipality: DRACUT
  • Latitude: 42.6716
  • Longitude: -71.3099

    Address

  • Full Address: 22 Witham Ave
  • Address - House Number: 22
  • Address - Street Name: Witham
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C026
  • 4-Digit Zip Code: 3736
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $420,100

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 484,258
  • High Value: 576,854
  • Low Value: 391,661

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,000
  • Assessed Land Value: $157,100
  • Assessed Improvements Value: $244,900

    Sales

  • Current Sale Recording Date: Jun 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23298
  • Previous Sale Recording Date: Mar 15, 2006
  • Previous Sale Amount: $280,800
  • 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

2686 ft²

Average Home Age

65.5 years

Currently For Sale

3267 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: 5 months ago
Data Source: MLS PIN, MLS# 72296852

Frequently Asked Questions

When was property at 22 Witham Avenue built and last sold?
The property at 22 Witham Avenue was built in 1961 and last sold on Jan 1, 1970 for $324,500.
How much is this home worth?
The estimated value of the home located at 22 Witham Avenue is $359,997.
What are some comparable homes to 22 Witham Avenue?
There are currently no comparable homes to 22 Witham Avenue.
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