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Middlesex
234 Passaconaway Dr
$290,000
● House - Off Market

234 Passaconaway Dr

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,437 Ft²
$487,751
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Did you every dream about owning a home in Dracut in walking distance to Long Pond with beach rights.  Now is your chance don't miss out on this beautiful Cape home.  The whole home has been renovated all over a little over two years ago. Open concept with the kitchen & dining room. This home is in the Collinsville section and very close to the schools, parks, NH and much more.  Your own corner lot and a amazing big back yard a great deck to entertain your family and friends.  We are able to close fast on this home seller had to relocate for work.
Unit Size
1,437 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$202
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1955

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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 #72076924)

Price History

Date / Event Date Event Price
Dec 21, 2016 Sold
Premium
Sold
Oct 4, 2016 Listed by Century 21 North Shore $289,900
Listed by Century 21 North Shore
Mar 27, 2015 Sold
Premium
Sold
Jan 26, 2015 Listed by Lyv Realty $289,000
Listed by Lyv Realty
Newly remodeled Cape style home ready for you! New roof, new vinyl siding, new plumbing and new electric. Kitchen and bathroom have been updated with tile and granite counter tops. Brand new hardwood floors on the first level. New wall to wall carpeting in upstairs bedrooms. Freshly painted. Seller to pay for new driveway. Come and take a look today before it's too late!
Sep 9, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 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: 15,000
  • Total Building Area: 1,437
  • Gross Building Area: 3,074
  • Building Area: 1,437
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,437
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 164424
  • District: 79
  • Parcel: DRAC M:15 L:64
  • Lot: 64
  • Municipality: DRACUT
  • Latitude: 42.6926
  • Longitude: -71.3632

    Address

  • Full Address: 234 Passaconaway Dr
  • Address - House Number: 234
  • Address - Street Name: Passaconaway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Dracut
  • Carrier Code: C003
  • 4-Digit Zip Code: 2131
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $462,900

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 517,596
  • High Value: 613,515
  • Low Value: 421,678

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $443,000
  • Assessed Land Value: $189,700
  • Assessed Improvements Value: $253,300

    Sales

  • Current Sale Recording Date: Dec 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63326
  • Previous Sale Recording Date: Mar 27, 2015
  • Previous Sale Amount: $275,000
  • 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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 4 months ago
Data Source: MLS PIN, MLS# 72076924

Frequently Asked Questions

When was property at 234 Passaconaway Drive built and last sold?
The property at 234 Passaconaway Drive was built in 1955 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 234 Passaconaway Drive is $311,601.
What are some comparable homes to 234 Passaconaway Drive?
There are currently no comparable homes to 234 Passaconaway Drive.
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