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Middlesex
23 Long Pond Path
$265,500
● House - Off Market

23 Long Pond Path

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
1,620 Ft²
$426,174
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Unique waterfront property with two buildings, a bungalow and a cape style house. Great for owner occupant. Live in one and rent out the other. All this with beautiful pond frontage and dock.  Main house has been updated. Bungalow is rustic.  Enjoy boating, fishing, swimming and all the seasons on the pond. Main houses is rented TAW @ $1450/month. Great entry into home ownership or for an investor. Property includes shed and appliances in both units. No flood insurance required!
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$173
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
-

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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 #72241422)

Price History

Date / Event Date Event Price
May 30, 2018 Sold
Premium
Sold
Oct 11, 2017 Listed by LAER Realty Partners $279,900
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,913
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000205
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Dracut School District
  • School Tax School District: DRACUT SD
  • Census Tract: 314101

Zoning

  • Zoning: R1

Geography

  • Account Number: 282535
  • District: 79
  • Parcel: DRAC M:23 L:48
  • Lot: 48
  • Municipality: DRACUT
  • Latitude: 42.6833
  • Longitude: -71.3693

    Address

  • Full Address: 23 Long Pond Path
  • Address - House Number: 23
  • Address - Street Name: Long Pond
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Dracut
  • Carrier Code: C002
  • 4-Digit Zip Code: 1909
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $425,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 344,832
  • High Value: 398,215
  • Low Value: 291,448

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $406,800
  • Assessed Land Value: $265,100
  • Assessed Improvements Value: $141,700

    Sales

  • Current Sale Recording Date: May 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21576
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72241422

Frequently Asked Questions

When was property at 23 Long Pond Path built and last sold?
The property at 23 Long Pond Path was built in and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 23 Long Pond Path is $304,870.
What are some comparable homes to 23 Long Pond Path?
There are currently no comparable homes to 23 Long Pond Path.
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