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Middlesex
24 Park Terrace
$170,000
● House - Off Market

24 Park Terrace

Dracut, MA 01826
bedrooms
2 Beds
bathrooms
1 Bath
square feet
939 Ft²
$329,038
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Great condo alternative or perfect for those, seeking to down size! This cozy home has been renovated from the studs in. Five years young, electrical, plumbing, insulated walls, vinyl siding, updated kitchen, flooring and more...Located just a walk away from Lake Mascuppic, with near by shopping & dining. Off street parking, fenced in yard, with patio and storage shed, too. This Ranch style home offers an open concept kitchen, living room & dining room, for that comfortable flow. 2 bdrms with potential for a 3rd, currently being used as a bonus room. Laundry hook up in bathroom for extra convenience!
Unit Size
939 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$208
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1944

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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 #71971180)

Price History

Date / Event Date Event Price
Dec 22, 2019 No longer available -
No longer available
Oct 15, 2019 Relisted $170,000
Relisted
Oct 13, 2019 No longer available -
No longer available
Oct 11, 2019 Price Increased $239,900
↑ $70K (41.1%)
Price Increased
Oct 1, 2019 Relisted $170,000
Relisted
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 528
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 906
  • Gross Building Area: 1,071
  • Building Area: 906
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 906
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 338400
  • District: 79
  • Parcel: DRAC M:23 L:16
  • Lot: 16
  • Municipality: DRACUT
  • Latitude: 42.6822
  • Longitude: -71.3709

    Address

  • Full Address: 24 Park Ter
  • Address - House Number: 24
  • Address - Street Name: Park
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Dracut
  • Carrier Code: C002
  • 4-Digit Zip Code: 1920
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $298,600

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 337,491
  • High Value: 396,540
  • Low Value: 278,442

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $285,700
  • Assessed Land Value: $141,700
  • Assessed Improvements Value: $144,000

    Sales

  • Current Sale Contract Date: Sep 29, 2016
  • Current Sale Recording Date: Sep 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 288753
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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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# 71971180

Frequently Asked Questions

When was property at 24 Park Terrace built and last sold?
The property at 24 Park Terrace was built in 1944 and last sold on Sep 29, 2016 for $170,000.
How much is this home worth?
The estimated value of the home located at 24 Park Terrace is $237,515.
What are some comparable homes to 24 Park Terrace?
There are currently no comparable homes to 24 Park Terrace.
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