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Middlesex
3 Lewis St
$540,000
● House - Off Market

3 Lewis St

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,777 Ft²
$708,578
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Waterfront property, beautifully updated ranch with stunning views of Peters Pond! Recent updates include a new roof, boiler, windows, well pump/cap/tank, ductless air conditioning, kitchen appliances, electric updated & more. This Dracut home offers a spacious living room with cathedral ceilings, eat-in kitchen with ample cabinet storage, & spacious master with en suite. The fully finished basement with lots of storage and laundry provides an office/exercise space, half bath, and additional living space perfect for media room or man cave with bar! Located in a quiet private neighborhood just minutes from I-93, I-495, shopping, golfing, and more. A generous 3-season sunroom leads to the back deck and inground pool with a gorgeous water view, an entertainer's dream! Don't miss this opportunity!
Unit Size
2,777 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$191
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72692711)

Price History

Date / Event Date Event Price
Oct 13, 2020 Sold
Premium
Sold
Jul 16, 2020 Listed by Redfin Corp. $529,900
Listed by Redfin Corp.
Sep 30, 2009 Sold
Premium
Sold
Jan 5, 2009 Listed by Redfin Corp. $355,000
Listed by Redfin Corp.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 7
  • Basement Area: 1,971
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 14,400
  • Total Building Area: 1,775
  • Gross Building Area: 4,082
  • Building Area: 1,775
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,775
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000331
  • 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: 314302

Zoning

  • Zoning: R1

Geography

  • Account Number: 588108
  • District: 79
  • Parcel: DRAC M:5 L:98
  • Lot: 98
  • Municipality: DRACUT
  • Latitude: 42.7118
  • Longitude: -71.2579

    Address

  • Full Address: 3 Lewis St
  • Address - House Number: 3
  • Address - Street Name: Lewis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1719
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $689,400

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 738,683
  • High Value: 857,694
  • Low Value: 619,673

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $659,700
  • Assessed Land Value: $160,600
  • Assessed Improvements Value: $499,100

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50784
  • Previous Sale Recording Date: Sep 30, 2009
  • Previous Sale Amount: $330,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2681 ft²

Average Home Age

62.4 years

Currently For Sale

3251 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# 72692711

Frequently Asked Questions

When was property at 3 Lewis Street built and last sold?
The property at 3 Lewis Street was built in 1978 and last sold on Oct 2, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 3 Lewis Street is $572,997.
What are some comparable homes to 3 Lewis Street?
There are currently no comparable homes to 3 Lewis Street.
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