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Middlesex
308 Emery St
$355,000
● House - Off Market

308 Emery St

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,040 Ft²
$482,897
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Stunning and spacious 4 bedroom ranch on a fabulous lot in Dracut.  Open concept home featuring formal living room with wood stove that opens to kitchen/dining area with sliders to 12x16 deck. There are 3 nice sized bedrooms on the main floor and another bedroom located in the finished lower level.  The lower level also feature a large family room with entertainment-bar area and a bathroom with a stand up shower. Additional space in lower level includes the laundry room and 12x12 utility area. Enjoy plenty of off street parking, a level backyard, a garden shed 10x11 and storage shed 7x7.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$317
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1985

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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 #72582320)

Price History

Date / Event Date Event Price
Nov 27, 2019 Sold
Premium
Sold
Oct 19, 2019 Listed by RE/MAX Innovative Properties $329,900
Listed by RE/MAX Innovative Properties
Mar 24, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,040
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Total Building Area: 1,040
  • Gross Building Area: 2,313
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 314102

Zoning

  • Zoning: R3

Geography

  • Account Number: 863133
  • District: 79
  • Parcel: DRAC M:59 L:139
  • Lot: 139
  • Municipality: DRACUT
  • Latitude: 42.6602
  • Longitude: -71.3323

    Address

  • Full Address: 308 Emery St
  • Address - House Number: 308
  • Address - Street Name: Emery
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C014
  • 4-Digit Zip Code: 5505
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $453,400

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 498,982
  • High Value: 582,632
  • Low Value: 415,332

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $433,900
  • Assessed Land Value: $184,100
  • Assessed Improvements Value: $249,800

    Sales

  • Current Sale Contract Date: Nov 27, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53377
  • Previous Sale Recording Date: Mar 24, 2004
  • Previous Sale Amount: $220,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.2 years

Currently For Sale

3105 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# 72582320

Frequently Asked Questions

When was property at 308 Emery Street built and last sold?
The property at 308 Emery Street was built in 1985 and last sold on Nov 27, 2019 for $355,000.
How much is this home worth?
The estimated value of the home located at 308 Emery Street is $342,331.
What are some comparable homes to 308 Emery Street?
There are currently no comparable homes to 308 Emery Street.
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