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Middlesex
29 Saddle Road
$530,000
● House - Off Market

29 Saddle Road

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,704 Ft²
$940,982
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Looking for new construction without the wait?! This absolutely perfect 4 bedroom, 2.5 bathroom colonial is READY IN 30 DAYS.  Enjoy an expansive eat in kitchen with custom cabinets, granite tops and terrific center island. The first floor features hardwood and crown molding in the Living Room,Foyer, and Dining Room.  Large dining room with extra features included chair rails and wainscoting.  Walk out basement can be finished for that additional space as either a media room, additional family room or recreation room.  Front and rear yard irrigation system, 200 AMP electrical service,  brick paver walkway.  Best of all its brand new and can by yours!!!!
Unit Size
2,704 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$198
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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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 #71930154)

Price History

Date / Event Date Event Price
Jul 29, 2021 Sold
Premium
Sold
May 26, 2021 Listed by LAER Realty Partners $695,000
Listed by LAER Realty Partners
Feb 9, 2016 Sold
Premium
Sold
Nov 10, 2015 Listed by LAER Realty Partners $534,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,064
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 2,704
  • Gross Building Area: 4,488
  • Building Area: 2,704
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,704
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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

  • District: 79
  • Parcel: DRAC M:19 B:42 L:1.21
  • Block: 42
  • Lot: 1.21
  • Municipality: DRACUT
  • Latitude: 42.6938
  • Longitude: -71.3049

    Address

  • Full Address: 29 Saddle Rd
  • Address - House Number: 29
  • Address - Street Name: Saddle
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R001
  • 4-Digit Zip Code: 1383
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $767,100

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 836,661
  • High Value: 966,530
  • Low Value: 706,791

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $734,100
  • Assessed Land Value: $225,900
  • Assessed Improvements Value: $508,200

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44668
  • Previous Sale Recording Date: Feb 09, 2016
  • Previous Sale Amount: $530,000
  • 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:

$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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71930154

Frequently Asked Questions

When was property at 29 Saddle Road built and last sold?
The property at 29 Saddle Road was built in 2015 and last sold on Jul 29, 2021 for $760,000.
How much is this home worth?
The estimated value of the home located at 29 Saddle Road is $724,226.
What are some comparable homes to 29 Saddle Road?
There are currently no comparable homes to 29 Saddle Road.
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