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Middlesex
281 Old Marsh Hill Road
$395,000
● House - Off Market

281 Old Marsh Hill Road

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,954 Ft²
$591,023
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Over-sized split level home located on beautiful  level 1.5 acre lot!!!! Exterior features vinyl siding/brick exterior, brick walkway and patio, irrigation system & large shed. Interior has a fire placed living room, large kitchen dining area, 4 season porch overlooking private backyard, 3 large bedrooms & full bath. Lower level has a huge family-room, finished storage room with walkout (workshop), 3/4 bath, large laundry-room & a 1 car garage. Home has lots of hardwood flooring, granite counter tops, central AC, town water/sewer. This is a must see property! Showings start at OH 5/12 1-2:30pm
Unit Size
1,954 Ft²
Days on Market
-
Land Size
1.27 acres
Price per sqft
$200
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1968

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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: 5 months ago (MLSPIN #72325338)

Price History

Date / Event Date Event Price
Jun 25, 2018 Sold
Premium
Sold
May 11, 2018 Listed by RE/MAX Insight $389,900
Listed by RE/MAX Insight

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 9
  • Basement Area: 912
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,321
  • Total Building Area: 1,658
  • Gross Building Area: 3,290
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001270
  • 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: 337208
  • District: 79
  • Parcel: DRAC M:29 L:52
  • Lot: 52
  • Municipality: DRACUT
  • Latitude: 42.6856
  • Longitude: -71.304

    Address

  • Full Address: 281 Old Marsh Hill Rd
  • Address - House Number: 281
  • 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: $615,500

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 626,610
  • High Value: 742,730
  • Low Value: 510,490

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,000
  • Assessed Land Value: $223,500
  • Assessed Improvements Value: $365,500

    Sales

  • Current Sale Recording Date: Jun 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26271
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

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2685 ft²

Average Home Age

65 years

Currently For Sale

3224 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: 5 months ago
Data Source: MLS PIN, MLS# 72325338

Frequently Asked Questions

When was property at 281 Old Marsh Hill Road built and last sold?
The property at 281 Old Marsh Hill Road was built in 1968 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 281 Old Marsh Hill Road is $419,359.
What are some comparable homes to 281 Old Marsh Hill Road?
There are currently no comparable homes to 281 Old Marsh Hill Road.
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