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Middlesex
3 Cheever Ave
$320,000
● House - Off Market

3 Cheever Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$603,238
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Extremely well maintained and nicely updated 3 Bedroom, 2 full Baths Ranch style home. You will love the updated eat in Kitchen with an abundance of cabinets,  stainless steel appliances, granite counter tops, recessed lighting with cathedral ceiling access to the large exterior deck. The open concept Kitchen leads to the Dining Room and Living Room with Hardwood floors, fireplace and a very large bow window. The lower level is perfect for an extended family or Great room, office and a tremendous amount of storage. Roof and vinyl windows. Enjoy the convenience of living within close proximity to area amenities and quick access to Route 93 for commuters.  Finished Basement Too.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$218
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1965

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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 #71812096)

Price History

Date / Event Date Event Price
Sep 29, 2015 Sold
Premium
Sold
Apr 6, 2015 Listed by Coco, Early & Associates $339,900
Listed by Coco, Early & Associates
Oct 30, 2008 Sold
Premium
Sold
Jul 25, 2008 Listed by Coco, Early & Associates $209,900
Listed by Coco, Early & Associates
Oct 30, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • 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: 2
  • 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: 784
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,684
  • Total Building Area: 1,560
  • Gross Building Area: 3,156
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000452
  • 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: R3

Geography

  • Account Number: 391417
  • District: 79
  • Parcel: DRAC M:52 L:87
  • Lot: 87
  • Municipality: DRACUT
  • Latitude: 42.6669
  • Longitude: -71.2987

    Address

  • Full Address: 3 Cheever Ave
  • Address - House Number: 3
  • Address - Street Name: Cheever
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C011
  • 4-Digit Zip Code: 5014
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $546,200

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 569,676
  • High Value: 675,245
  • Low Value: 464,106

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,700
  • Assessed Land Value: $196,000
  • Assessed Improvements Value: $326,700

    Sales

  • Current Sale Recording Date: Sep 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44385
  • Previous Sale Recording Date: Oct 30, 2008
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 27
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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 71812096

Frequently Asked Questions

When was property at 3 Cheever Avenue built and last sold?
The property at 3 Cheever Avenue was built in 1965 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 3 Cheever Avenue is $359,021.
What are some comparable homes to 3 Cheever Avenue?
There are currently no comparable homes to 3 Cheever Avenue.
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