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Middlesex
23 Shore Dr.
$485,000
● House - Off Market

23 Shore Dr.

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,162 Ft²
$444,479
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Welcome to the best deal in town! Completely remodeled just a few years ago and is just a short distance to the neighborhood beach on Long Pond! Open concept first floor combined with updated kitchen cabinets and appliances gives a modern feel to this home. Mudroom, bathroom and laundry area complete the first floor. On the second floor you'll find the large primary bedroom and another bedroom with water views! Head outside to the fully fenced yard in the back and the porch off the front of the house with plenty of seating to enjoy the outdoors. Don't blink because you'll miss this one if you do!
Unit Size
1,162 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$370
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1935

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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 #73007650)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jul 6, 2022 Listed by Keller Williams Realty $429,900
Listed by Keller Williams Realty
May 23, 2019 Sold
Premium
Sold
Apr 3, 2019 Listed by Keller Williams Realty $299,900
Listed by Keller Williams Realty
Jan 31, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 8
  • Basement Area: 1,242
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,162
  • Gross Building Area: 1,904
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 314101

Zoning

  • Zoning: R1

Geography

  • Account Number: 129730
  • District: 79
  • Parcel: DRAC M:15 L:248
  • Lot: 248
  • Municipality: DRACUT
  • Latitude: 42.688
  • Longitude: -71.3692

    Address

  • Full Address: 23 Shore Dr
  • Address - House Number: 23
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Dracut
  • Carrier Code: C003
  • 4-Digit Zip Code: 2029
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $405,100

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 445,672
  • High Value: 527,360
  • Low Value: 363,984

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $387,700
  • Assessed Land Value: $169,600
  • Assessed Improvements Value: $218,100

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36060
  • Previous Sale Recording Date: May 23, 2019
  • Previous Sale Contract Date: May 22, 2019
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: O
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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73007650

Frequently Asked Questions

When was property at 23 Shore Drive built and last sold?
The property at 23 Shore Drive was built in 1935 and last sold on Aug 25, 2022 for $485,000.
How much is this home worth?
The estimated value of the home located at 23 Shore Drive is $436,136.
What are some comparable homes to 23 Shore Drive?
There are currently no comparable homes to 23 Shore Drive.
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