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Middlesex
288 Old Marsh Hill Rd
$659,900
● House - Off Market

288 Old Marsh Hill Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,976 Ft²
$856,927
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Spacious Craftsman Ranch with 2 Car Garage is offering everything today's New Home Buyer is asking for. This Beautiful Home is exciting and is filled with Quality Details & Upgrades you'll fall in love with. A sought-after Spacious, Open Floor Plan that features a Country Kitchen with Granite Tops, SS Appliances, Large Island, Recessed Lighting & Dining Area which opens into a well sized Family Room with Cathedral Ceiling, Gas Fireplace and lots of recessed lighting. It's an Entertainer's Dream Come True. 3 well-sized Bedrooms including an incredible Owner's Suite that features Recessed Lighting, Walk-in Closet, and Full Bathroom with Dual Sinks & 6 ft Tiled Shower. Dedicated Mud Room and Laundry Room. All this on a hard to find Beautiful, Flat 1 acre + lot,
Unit Size
1,976 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$334
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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: 5 years ago (MLSPIN #72780420)

Price History

Date / Event Date Event Price
Jan 29, 2021 Sold
Premium
Sold
Jan 28, 2021 Listed by RE/MAX Insight $659,900
Listed by RE/MAX Insight

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • 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: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,085
  • Total Building Area: 2,114
  • Gross Building Area: 5,026
  • Building Area: 2,114
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,114
  • 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: 314301

Geography

  • Account Number: 29211
  • District: 79
  • Parcel: DRAC M:29 B:21 L:1
  • Block: 21
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.6847
  • Longitude: -71.3046

    Address

  • Full Address: 288 Old Marsh Hill Rd
  • Address - House Number: 288
  • Address - Street Name: Old Marsh Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C013
  • 4-Digit Zip Code: 2654
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $808,000

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 798,073
  • High Value: 937,734
  • Low Value: 658,412

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $773,200
  • Assessed Land Value: $218,000
  • Assessed Improvements Value: $555,200

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6191
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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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 years ago
Data Source: MLS PIN, MLS# 72780420

Frequently Asked Questions

When was property at 288 Old Marsh Hill Road built and last sold?
The property at 288 Old Marsh Hill Road was built in 2020 and last sold on Jan 28, 2021 for $659,900.
How much is this home worth?
The estimated value of the home located at 288 Old Marsh Hill Road is $0.
What are some comparable homes to 288 Old Marsh Hill Road?
There are currently no comparable homes to 288 Old Marsh Hill Road.
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