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Middlesex
243 Old Marsh Hill Rd
$360,000
● House - Off Market

243 Old Marsh Hill Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,560 Ft²
$542,368
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Welcome home to this well cared for lovely ranch home in Dracut! This 3 bedroom home with 1.5 baths and first floor laundry has many updates: Electrical 200 amps (2010), new roof in 2008, and updated Insulation in 2012. This home boasts a sun room and finished basement that are not included in the square footage.  Original hardwood floors throughout most of house showcase the quality taken by original builders.  A two car garage, under, and 4 additional parking spots offer plenty of room for company. The open living area is an entertainers dream. The landscaped yard and back patio are begging for your first BBQ! All with a convenient location to Rte 93, this is a must see! Open House 6/15 11am-1pm
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$237
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1958

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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 #72508965)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
May 30, 2019 Listed by First Team Realty, LLC $369,900
Listed by First Team Realty, LLC
Sep 28, 2007 Sold
Premium
Sold
Apr 9, 2007 Listed by First Team Realty, LLC $299,000
Listed by First Team Realty, LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,817
  • Total Building Area: 1,560
  • Gross Building Area: 3,232
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000317
  • 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: 314301

Zoning

  • Zoning: R1

Geography

  • Account Number: 66726
  • District: 79
  • Parcel: DRAC M:29 L:48
  • Lot: 48
  • Municipality: DRACUT
  • Latitude: 42.6843
  • Longitude: -71.3041

    Address

  • Full Address: 243 Old Marsh Hill Rd
  • Address - House Number: 243
  • Address - Street Name: Old Marsh Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C013
  • 4-Digit Zip Code: 2667
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $464,300

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 523,403
  • High Value: 620,398
  • Low Value: 426,409

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $444,300
  • Assessed Land Value: $188,100
  • Assessed Improvements Value: $256,200

    Sales

  • Current Sale Contract Date: Aug 28, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37288
  • Previous Sale Recording Date: Sep 28, 2007
  • Previous Sale Amount: $275,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72508965

Frequently Asked Questions

When was property at 243 Old Marsh Hill Road built and last sold?
The property at 243 Old Marsh Hill Road was built in 1958 and last sold on Aug 28, 2019 for $360,000.
How much is this home worth?
The estimated value of the home located at 243 Old Marsh Hill Road is $386,679.
What are some comparable homes to 243 Old Marsh Hill Road?
There are currently no comparable homes to 243 Old Marsh Hill Road.
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