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Middlesex
274 Colburn Ave
Photo of 274 Colburn Ave
Sold on Jul 6, 2011

1

Map

$316,000
● House - Off Market

274 Colburn Ave

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$711,874
RealtyHop Estimate
119.11%
Since Aug 1, 2011
National-US
Primary Model

About This Property

Four bedroom colonial set back on .98 acres of land.  Front to back living room with built in pellet stove. Newer addition off the back with storage under. Hardwood in Kitchen, dining room and foyer. 2 car garage under.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$181
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1996

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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: 6 months ago (MLSPIN #71190821)

Price History

Date / Event Date Event Price
Jul 6, 2011 Sold
Premium
Sold
Feb 22, 2011 Listed by RE/MAX Prestige $324,900
Listed by RE/MAX Prestige
Dec 28, 1999 Sold
Premium
Sold
Aug 24, 1999 Listed by RE/MAX Prestige $229,000
Listed by RE/MAX Prestige

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 450
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,878
  • Total Building Area: 1,800
  • Gross Building Area: 3,232
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000984
  • 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: 314200

Zoning

  • Zoning: R1

Geography

  • District: 79
  • Parcel: DRAC M:28 B:1 L:3
  • Block: 1
  • Lot: 3
  • Municipality: DRACUT
  • Latitude: 42.6864
  • Longitude: -71.3214

    Address

  • Full Address: 274 Colburn Ave
  • Address - House Number: 274
  • Address - Street Name: Colburn
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: R001
  • 4-Digit Zip Code: 2506
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,900

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 623,678
  • High Value: 739,255
  • Low Value: 508,101

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $562,600
  • Assessed Land Value: $220,600
  • Assessed Improvements Value: $342,000

    Sales

  • Current Sale Recording Date: Jul 06, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Dec 28, 1999
  • Previous Sale Amount: $225,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65 years

Currently For Sale

3272 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

Unit for rent at 4 Lorraine, Pelham, 03076

$3,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,188 ft²
4 Lorraine, Pelham, 03076 Listing by Debbie Collyns

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71190821

Frequently Asked Questions

When was property at 274 Colburn Avenue built and last sold?
The property at 274 Colburn Avenue was built in 1996 and last sold on Jan 1, 1970 for $316,000.
How much is this home worth?
The estimated value of the home located at 274 Colburn Avenue is $347,566.
What are some comparable homes to 274 Colburn Avenue?
There are currently no comparable homes to 274 Colburn Avenue.
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