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Middlesex
278 Richardson Rd
$342,000
● House - Off Market

278 Richardson Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,064 Ft²
$661,344
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Desirable East Dracut location.  Lovely 4/5 bedroom cape situated on a mature landscaped lot w/ perennials.This home features 2.5 baths, 2 fireplaces, 4 zones of heating and lots of hardwood throughout. Eat in country kitchen and formal dining room w/fireplace.  New roof last year, new windows, heating system 3 years old. Two car Detached garage has plenty of room for storage. Finished basement great potential for in-home office. Well cared for home by original owner. No showing until April 14.
Unit Size
2,064 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$165
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1960

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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 #71503997)

Price History

Date / Event Date Event Price
Aug 1, 2013 Sold
Premium
Sold
Apr 5, 2013 Listed by RE/MAX Prestige $339,900
Listed by RE/MAX Prestige

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,200
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,333
  • Total Building Area: 2,064
  • Gross Building Area: 3,369
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000880
  • 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: 699215
  • District: 79
  • Parcel: DRAC M:20 L:13
  • Lot: 13
  • Municipality: DRACUT
  • Latitude: 42.6981
  • Longitude: -71.2861

    Address

  • Full Address: 278 Richardson Rd
  • Address - House Number: 278
  • Address - Street Name: Richardson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R001
  • 4-Digit Zip Code: 1435
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,600

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 611,939
  • High Value: 714,525
  • Low Value: 509,353

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $502,000
  • Assessed Land Value: $216,400
  • Assessed Improvements Value: $285,600

    Sales

  • Current Sale Recording Date: Aug 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000004
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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71503997

Frequently Asked Questions

When was property at 278 Richardson Road built and last sold?
The property at 278 Richardson Road was built in 1960 and last sold on Jan 1, 1970 for $342,000.
How much is this home worth?
The estimated value of the home located at 278 Richardson Road is $372,601.
What are some comparable homes to 278 Richardson Road?
There are currently no comparable homes to 278 Richardson Road.
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