Middlesex
3 Arbor Drive #3
$319,000
●
Condo -
Off Market
3 Arbor Drive #3
Dracut, MA 01826
2 Beds
2 Baths
1,672 Ft²
$729,259
RealtyHop Estimate
124.46%
Since Oct 1, 2011
National-US
Primary Model
About This Property
"The Arbors" Dracut's Finest 55+ Community! Spacious open concept
one level living at its best. Living Rm features cathedral
ceilings, hardwood floor & gas fireplace, Family Rm or Office
with French Doors. Master Bedroom suite with large closet and
private bath. Fully applianced kitchen plus washer and dryer. 2nd
bath and bedroom Sun room. to private deck and rear yard. 2
car garage, central air and security system. Welcome Home!
Unit Size
1,672 Ft²
Days on Market
-
Land Size
-
Price per sqft
$194
Property Type
Condo
Property Taxes
$353
HOA Dues
$270
Year Built
2001
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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 years ago (MLSPIN #71215032)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2011 | Sold | ||
| Sold | |||
| Apr 10, 2011 | Listed by Keller Williams Realty-Merrimack | $324,900 | |
| Listed by Keller Williams Realty-Merrimack | |||
| Jul 27, 2010 | Listed by Sterling Lion, LLC | $364,999 | |
| Listed by Sterling Lion, LLC | |||
| | |||
|
Great location in a well maintained and desirable development, THE ARBORS. Brand new hardwood floors, gas fireplace, central air, central vac, security system, full basement and plenty of closets and storage throughout. High ceilings, french doors. Must See!
| |||
| Aug 22, 2006 | Sold | ||
| Sold | |||
| Jul 18, 2006 | Listed by Hearthstone Realty | $379,900 | |
| Listed by Hearthstone Realty | |||
| | |||
|
Lovely unit at the The Arbors an adult community.Large masterbedroom,Den with double french glass doors, Working kitchen, Sunroom and deck off the dining area, Spacious livingroom,Laundryroom, two car garage and large full basement. Great location in a well maintained and desirable development.
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 9
Length: 12
Features: Flooring - Stone/Ceramic Tile
Area: 108
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 12
Area: 144
Width: 10
Features: Flooring - Hardwood
Length: 11
Level: First
Area: 110
Length: 15
Level: First
Area: 225
Features: Cathedral Ceiling(s), Flooring - Hardwood
Width: 15
Length: 12
Level: First
Features: Flooring - Hardwood, French Doors
Width: 11
Area: 132
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: First
Length: 15
Width: 15
Area: 225
Level: First
Features: Yes
Full Bathrooms: 2
Interior Features: Sun Room, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Tile
Laundry Features: First Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 2
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: The Arbors
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: res
Parcel Number: 4144228
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $333,500
Tax Annual Amount: $4,232
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA Fee: $270
Community Features: Public Transportation, Adult Community
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/10/2011
|
2 Bed
|
2 Bath
|
1672 ft²
|
$324,900
2 Bed
2 Bath
1672 ft²
|
$319,000
-1.82%
09/15/2011
|
Karen Hudson
Keller Williams Realty-Merrimack
| |
|
07/27/2010
|
2 Bed
|
2 Bath
|
1600 ft²
|
$364,999
2 Bed
2 Bath
1600 ft²
|
-
-
|
Michael Curtin
RE/MAX Bentley's
| |
|
07/18/2006
|
2 Bed
|
2 Bath
|
1800 ft²
|
$379,900
2 Bed
2 Bath
1800 ft²
|
$379,900
08/22/2006
|
Debbie Forgione
LAER Realty Partners
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017