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Middlesex
23 Rinzee Rd
$470,000
● House - Off Market

23 Rinzee Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,324 Ft²
$776,759
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Look no further.  This is the home you have been looking for. Amazing colonial home located in East Dracut.  Gorgeous kitchen layout featuring granite countertops, upgraded cabinets, tile backsplash, wood burning fireplace, slider to deck, hardwood floors.  Spacious master bedroom with vaulted ceilings, walk in closet, master bath.  Two car attached garage with storage above.  Front farmers porch to sit on and watch the kids play outside on those great summer nights.  The large deck overlooks a private back yard.  The large shed has both power and water to it.  Open house schedule this weekend Saturday 10 to 2:30 and Sunday from 12-2.
Unit Size
2,324 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$198
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1989

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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 #72011612)

Price History

Date / Event Date Event Price
Aug 5, 2016 Sold
Premium
Sold
May 25, 2016 Listed by LAER Realty Partners $459,900
Listed by LAER Realty Partners
Aug 31, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,264
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,054
  • Total Building Area: 2,324
  • Gross Building Area: 5,332
  • Building Area: 2,324
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,324
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • 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: 314302

Zoning

  • Zoning: R1

Geography

  • District: 79
  • Parcel: DRAC M:39 B:7 L:24
  • Block: 7
  • Lot: 24
  • Municipality: DRACUT
  • Latitude: 42.6853
  • Longitude: -71.2432

    Address

  • Full Address: 23 Rinzee Rd
  • Address - House Number: 23
  • Address - Street Name: Rinzee
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R002
  • 4-Digit Zip Code: 4269
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $688,800

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 753,598
  • High Value: 889,201
  • Low Value: 617,995

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $659,100
  • Assessed Land Value: $215,800
  • Assessed Improvements Value: $443,300

    Sales

  • Current Sale Recording Date: Aug 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36308
  • Previous Sale Recording Date: Aug 31, 1990
  • Previous Sale Amount: $234,000
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72011612

Frequently Asked Questions

When was property at 23 Rinzee Road built and last sold?
The property at 23 Rinzee Road was built in 1989 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 23 Rinzee Road is $495,808.
What are some comparable homes to 23 Rinzee Road?
There are currently no comparable homes to 23 Rinzee Road.
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