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Middlesex
3 Joseph Ave
$415,000
● House - Off Market

3 Joseph Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$543,321
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

NEW LISTING: Meticulously maintained Colonial located in family-friendly neighborhood. First floor boasts a large eat-in kitchen with tiled floor, granite countertops, 1/2 bathroom and the living room with hardwood floors. 3 Bedrooms on 2nd floor. Forced hot air heating system and central air.  The lower level is finished and provides a great TV room and office.  Enjoy your fall evenings sitting by the fire-pit toasting marshmallows.  Easy commute to 93, 213 and 495.  Don't wait on this one!  All showings start at open house 9/26/2020 2:00-5:00 and 9/27/2020 10:00-1:00.  This is a must see!  Contingent upon sellers finding and closing on suitable housing  ALL OFFERS IF ANY ARE DUE BY 5:00 PM Monday September 28 2020.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$293
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1996

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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 #72732627)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Sep 25, 2020 Listed by Homeplace Realty, Inc. $409,900
Listed by Homeplace Realty, Inc.
Nov 1, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,400
  • Gross Building Area: 2,352
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENWOOD
  • Land Acres: 0000000115
  • 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:71 B:23 L:63
  • Block: 23
  • Lot: 63
  • Municipality: DRACUT
  • Latitude: 42.6584
  • Longitude: -71.2814

    Address

  • Full Address: 3 Joseph Ave
  • Address - House Number: 3
  • Address - Street Name: Joseph
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C005
  • 4-Digit Zip Code: 5760
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $451,500

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 499,870
  • High Value: 592,504
  • Low Value: 407,237

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,100
  • Assessed Land Value: $169,600
  • Assessed Improvements Value: $262,500

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58721
  • Previous Sale Recording Date: Nov 01, 1996
  • Previous Sale Amount: $115,500
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72732627

Frequently Asked Questions

When was property at 3 Joseph Avenue built and last sold?
The property at 3 Joseph Avenue was built in 1996 and last sold on Nov 16, 2020 for $415,000.
How much is this home worth?
The estimated value of the home located at 3 Joseph Avenue is $0.
What are some comparable homes to 3 Joseph Avenue?
There are currently no comparable homes to 3 Joseph Avenue.
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