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Middlesex
3 Roosevelt Avenue
$240,000
● House - Off Market

3 Roosevelt Avenue

Dracut, MA 01826
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,288 Ft²
$549,455
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

PRIDE OF OWNERSHIP shows in this sweet, custom built ranch. Impeccably maintained, with shining hardwood floors throughout, a good sized, sunny kitchen,  nicely tiled baths. French doors lead from the open concept living/dining rooms to a cozy family room. The walk-up attic, full basement and oversized two car garage provide plenty of storage and room to grow. Double lot, three season room, full HOME WARRANTY.
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$190
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1994

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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 months ago (MLSPIN #71271485)

Price History

Date / Event Date Event Price
Mar 23, 2012 Sold
Premium
Sold
Aug 5, 2011 Listed by Coldwell Banker Residential Brokerage - Andover $244,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,288
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,288
  • Gross Building Area: 4,392
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENWOOD
  • Land Acres: 0000000230
  • 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:75
  • Block: 23
  • Lot: 75
  • Municipality: DRACUT
  • Latitude: 42.6589
  • Longitude: -71.2808

    Address

  • Full Address: 3 Roosevelt Ave
  • Address - House Number: 3
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C005
  • 4-Digit Zip Code: 5756
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $538,300

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 486,909
  • High Value: 611,896
  • Low Value: 361,921

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $515,100
  • Assessed Land Value: $201,300
  • Assessed Improvements Value: $313,800

    Sales

  • Current Sale Recording Date: Oct 22, 2013
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 23, 2012
  • Previous Sale Amount: $240,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2706 ft²

Average Home Age

65.2 years

Currently For Sale

3280 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: 5 months ago
Data Source: MLS PIN, MLS# 71271485

Frequently Asked Questions

When was property at 3 Roosevelt Avenue built and last sold?
The property at 3 Roosevelt Avenue was built in 1994 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Roosevelt Avenue is $265,307.
What are some comparable homes to 3 Roosevelt Avenue?
There are currently no comparable homes to 3 Roosevelt Avenue.
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