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Middlesex
286 Wheeler Rd
$650,000
● House - Off Market

286 Wheeler Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,707 Ft²
$631,680
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Come see this recently rehabbed Farmhouse style home featuring 3 bedrooms and 1.5 baths.  This beautiful home has been recently renovated and is ready for immediate occupancy.  Nothing to do here but move in. Brand new vinyl siding and Harvey windows.  Hardwood floors in all 3 bedrooms, hardwood stairs, and hardwood in dining room and living room.   Large oversize garage with plenty of area for a work shop or storage.  There is also tons of space for expansion over the garage. This 30x20 room could be extra storage or a finished game room.  House comes with granite countertops, white cabinets, and stainless steel appliances.  Enjoy those beautiful summer sunsets right from you very own Farmers porch.  Other amenities include a large Pantry closet, composite deck overlooking a large back yard.
Unit Size
1,707 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$351
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1911

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Cap Rate Calculator

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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 #72931935)

Price History

Date / Event Date Event Price
Feb 18, 2022 Sold
Premium
Sold
Jan 6, 2022 Listed by LAER Realty Partners $599,900
Listed by LAER Realty Partners
Dec 31, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 897
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,065
  • Total Building Area: 1,840
  • Gross Building Area: 4,540
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • 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: 314302

Zoning

  • Zoning: R1

Geography

  • Account Number: 101018
  • District: 79
  • Parcel: DRAC M:38 L:48
  • Lot: 48
  • Municipality: DRACUT
  • Latitude: 42.6854
  • Longitude: -71.2616

    Address

  • Full Address: 286 Wheeler Rd
  • Address - House Number: 286
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R002
  • 4-Digit Zip Code: 4230
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $588,500

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 679,878
  • High Value: 799,504
  • Low Value: 560,252

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $563,200
  • Assessed Land Value: $218,000
  • Assessed Improvements Value: $345,200

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7754
  • Previous Sale Recording Date: Feb 18, 2022
  • Previous Sale Contract Date: Feb 18, 2022
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: O
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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 72931935

Frequently Asked Questions

When was property at 286 Wheeler Road built and last sold?
The property at 286 Wheeler Road was built in 1911 and last sold on Feb 18, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 286 Wheeler Road is $619,975.
What are some comparable homes to 286 Wheeler Road?
There are currently no comparable homes to 286 Wheeler Road.
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