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Middlesex
225 Colburn
$410,000
● House - Off Market

225 Colburn

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,850 Ft²
$781,203
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

One of a kind Architectural design! property features cathedral ceiling living room & dining room, fire placed family room with wet bar, fully appliance eat in kitchen, 1st floor laundry room, 2 car attached garage. 2nd floor features 3 bedrooms & 2 baths- master bath has jetted tub & shower. Finished lower level with another half bath for game room / playroom. Gorgeous lot w/ irrigation system, inground gunite pool & a large 2 tiered maintenance free deck for entertaining. Properties like this are unique and rarely on the market!
Unit Size
2,850 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$154
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1994

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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: 5 months ago (MLSPIN #71856164)

Price History

Date / Event Date Event Price
Jul 22, 2015 Sold
Premium
Sold
Jun 12, 2015 Listed by RE/MAX Insight $439,900
Listed by RE/MAX Insight
Jul 31, 2003 Sold
Premium
Sold
Apr 7, 2003 Listed by RE/MAX Insight $429,900
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 1,141
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,290
  • Total Building Area: 1,913
  • Gross Building Area: 4,894
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,913
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001040
  • 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: R1

Geography

  • District: 79
  • Parcel: DRAC M:28 B:6 L:1
  • Block: 6
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.6855
  • Longitude: -71.32

    Address

  • Full Address: 225 Colburn Ave
  • Address - House Number: 225
  • Address - Street Name: Colburn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: R001
  • 4-Digit Zip Code: 2505
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $622,500

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 674,094
  • High Value: 795,391
  • Low Value: 552,797

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $595,700
  • Assessed Land Value: $230,100
  • Assessed Improvements Value: $365,600

    Sales

  • Current Sale Recording Date: Jul 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32000
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Amount: $422,500
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.2 years

Currently For Sale

3105 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# 71856164

Frequently Asked Questions

When was property at 225 Colburn Avenue built and last sold?
The property at 225 Colburn Avenue was built in 1994 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 225 Colburn Avenue is $484,813.
What are some comparable homes to 225 Colburn Avenue?
There are currently no comparable homes to 225 Colburn Avenue.
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