Middlesex
261 Broadway Rd #21
$225,000
●
Condo -
Off Market
261 Broadway Rd #21
Dracut, MA 01826
2 Beds
1 Bath
988 Ft²
$225,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
HUGE PRICE DROP! THIS HOUSE NEEDS TO SELL! SELLER WILL ENTERTAIN
ANY AND ALL OFFERS! OFFER DEADLINE SUNDAY 10/29 at NOON. SELLER
RESERVES THE RIGHT TO ACCEPT AN OFFER AT ANYTIME! Tucked away,
almost like it's on its own, is this 2 bed 1 bath END unit at the
desirable Twin Meadows! This home boasts a cabinet packed kitchen
with a gas stove, vaulted ceiling living room with a fire place and
bay window, dining room with access to your side deck, main bedroom
with 2 closets and it's own private deck, good sized second
bedroom, full bath, central A/C, tons of natural light, and so much
more! Full, walk out basement that will alleviate any storage
concerns and has wonderful potential to be finished. Well managed
complex and ideal location that is close to Rt. 93,
shops/restaurants, tax free NH, and everything else Dracut has to
offer! With some TLC this unit will shine!
Unit Size
988 Ft²
Days on Market
-
Land Size
-
Price per sqft
$228
Property Type
Condo
Property Taxes
$274
HOA Dues
$356
Year Built
-
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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 #73168538)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Oct 26, 2023 | In contract | - | |
| In contract | |||
| Oct 26, 2023 | Price Decreased |
$225,000
↓ $90K
(28.6%) | |
| Price Decreased | |||
| Oct 24, 2023 | Price Increased |
$315,000
↑ $90K
(40%) | |
| Price Increased | |||
| Oct 10, 2023 | Listed by Re/Max Innovative Properties | $225,000 | |
| Listed by Re/Max Innovative Properties | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Off Street, Paved
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Carpet, Laminate
Laundry Features: In Basement, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 988
Year Built Source: Public Records
Year Built: 1985
Building Area Total: 988
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $283,600
Tax Annual Amount: $3,284
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $356
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/08/2024
|
2 Bed
|
1 Bath
|
1824 ft²
|
$350,000
2 Bed
1 Bath
1824 ft²
|
$365,000
+4.29%
04/30/2024
|
Melissa Biddle
Homefront Realty LLC
| |
|
10/10/2023
|
2 Bed
|
1 Bath
|
988 ft²
|
$335,000
2 Bed
1 Bath
988 ft²
|
$225,000
-32.84%
11/30/2023
|
Sandra Perry
Lamacchia Realty, Inc.
| |
|
09/16/2020
|
2 Bed
|
2 Bath
|
1580 ft²
|
$310,000
2 Bed
2 Bath
1580 ft²
|
$320,000
+3.23%
11/12/2020
|
Jocelyn George
Keller Williams Realty Boston Northwest
| |
|
06/03/2019
|
2 Bed
|
1 Bath
|
988 ft²
|
$195,000
2 Bed
1 Bath
988 ft²
|
$223,000
+14.36%
07/15/2019
|
Alexandra Joyce
Conway - S. Boston
| |
|
05/31/2019
|
2 Bed
|
1 Bath
|
1464 ft²
|
$225,900
2 Bed
1 Bath
1464 ft²
|
$225,900
07/19/2019
|
Lisa Berry
Simply Sell Realty
| |
|
10/10/2016
|
2 Bed
|
2 Bath
|
1580 ft²
|
$194,900
2 Bed
2 Bath
1580 ft²
|
$196,500
+0.82%
12/23/2016
|
Jocelyn George
Keller Williams Realty Boston Northwest
| |
|
07/02/2010
|
2 Bed
|
1 Bath
|
1237 ft²
|
$149,900
2 Bed
1 Bath
1237 ft²
|
$139,900
-6.67%
11/24/2010
|
Dean M. Harris
Harris & Kroon Realty Associates
| |
|
12/29/2008
|
2 Bed
|
1 Bath
|
1540 ft²
|
$189,900
2 Bed
1 Bath
1540 ft²
|
$187,000
-1.53%
03/05/2009
|
Donald McMeniman
AA Premier Properties, LLC
| |
|
04/19/2007
|
2 Bed
|
1 Bath
|
1884 ft²
|
$214,900
2 Bed
1 Bath
1884 ft²
|
$208,000
-3.21%
06/12/2007
|
Dan O'Connell Sr
LAER Realty Partners
| |
|
08/18/2005
|
3 Bed
|
1 Bath
|
1600 ft²
|
$224,900
3 Bed
1 Bath
1600 ft²
|
$224,900
10/21/2005
|
Dan O'Connell Sr
LAER Realty Partners
| |
|
04/05/2005
|
2 Bed
|
1 Bath
|
1416 ft²
|
$227,900
2 Bed
1 Bath
1416 ft²
|
$224,000
-1.71%
07/28/2005
|
Sandra Desrochers
Century 21 North East
| |
|
11/19/2003
|
2 Bed
|
1 Bath
|
1100 ft²
|
$180,000
2 Bed
1 Bath
1100 ft²
|
$180,000
12/29/2003
|
Frank Moran
Moran Realty Group
| |
|
01/23/2001
|
2 Bed
|
1 Bath
|
1200 ft²
|
$147,000
2 Bed
1 Bath
1200 ft²
|
$144,000
-2.04%
03/30/2001
|
Mary Midgley
LAER Realty Partners
| |
|
12/05/1998
|
2 Bed
|
2 Bath
|
1540 ft²
|
$99,900
2 Bed
2 Bath
1540 ft²
|
$99,900
01/22/1999
|
Donald McMeniman
AA Premier Properties, LLC
| |
|
08/16/1997
|
2 Bed
|
2 Bath
|
1580 ft²
|
$91,000
2 Bed
2 Bath
1580 ft²
|
$83,000
-8.79%
09/25/1997
|
Paul Cote
LAER Realty Partners
| |
|
04/30/1997
|
2 Bed
|
2 Bath
|
1 ft²
|
$82,900
2 Bed
2 Bath
1 ft²
|
$82,900
07/07/1997
|
Sandra Lotti
Dick Lepine Real Estate, Inc.
| |
|
02/18/1997
|
2 Bed
|
1 Bath
|
1237 ft²
|
$84,900
2 Bed
1 Bath
1237 ft²
|
$80,000
-5.77%
08/15/1997
|
Joanne Deschenes
Coco, Early & Associates
| |
|
10/18/1994
|
2 Bed
|
1 Bath
|
1620 ft²
|
$79,900
2 Bed
1 Bath
1620 ft²
|
$77,000
-3.63%
01/27/1995
|
Gail Hennessey
Mercier Realty
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017