Middlesex
31 Lantern Lane #2
$160,000
●
Condo -
Off Market
31 Lantern Lane #2
Dracut, MA 01826
2 Beds
1 Bath
1,162 Ft²
$247,609
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Very nice second floor end unit. Featuring recently updated kitchen
and bath, new flooring throughout, spacious living room, and in
unit laundry. New heating system in 2009. Rear of the unit
overlooking peaceful wooded area. Great unit, come take a look.
Unit Size
1,162 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
Condo
Property Taxes
$168
HOA Dues
$302
Year Built
-
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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 #72173287)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2017 | Sold | ||
| Sold | |||
| May 31, 2017 | Listed by Dean C. Sarris Real Estate, Inc. | $154,900 | |
| Listed by Dean C. Sarris Real Estate, Inc. | |||
| Sep 19, 2008 | Sold | ||
| Sold | |||
| Jan 28, 2008 | Listed | $149,900 | |
| Listed | |||
 | |||
|
EXCELLENT LOCATION! MARVELOUS CONDITION!! COME CHECK OUT THIS CONDO IN A WELL SOUGHT AFTER AREA. BOASTING OF 5 ROOMS, 2 SPACIOUS BEDROOMS. IT’S ONE OF THE LARGER END UNITS IN THE COMPLEX WITH PRIVATE ENTRANCE. SPACIOUS OPEN CONCEPT LIVING AND DINING AREA WITH BREAKFAST BAR IN THE KITCHEN. STACKABLE WASHER/DRYER IN UNIT. SLIDER TO DECK OVERLOOKING PRIVATE WOODED AREA. SPRINKLER SYSTEM AND MUCH MORE. SUBJECT TO CURRENT LENDER APPROVAL - APPROVED, CAN CLOSE QUICK!!
| |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded
Level: Second
Features: Flooring - Hardwood
Level: Second
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Wall to Wall Carpet
Level: Second
Level: Second
Features: Flooring - Wall to Wall Carpet
Full Bathrooms: 1
Appliances: Range, Dishwasher, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Carpet
Laundry Features: Second Floor, In Unit
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Deeded, Guest, Driveway, Paved
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Hillshire Farms
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Unknown
Parcel Number: M:0044 B:0114 L:03.2, 3511706
Water Source: Public
Financial Details
Tax Assessed Value: $138,900
Tax Annual Amount: $2,014
Utilities Details
Utilities: for Gas Range
Cooling Type: Window Unit(s), Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $302
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site, Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2024
|
2 Bed
|
1 Bath
|
840 ft²
|
$290,000
2 Bed
1 Bath
840 ft²
|
$300,000
+3.45%
05/09/2024
|
Team Zingales
Team Zingales Realty, LLC
| |
|
11/08/2023
|
2 Bed
|
1 Bath
|
1162 ft²
|
$299,900
2 Bed
1 Bath
1162 ft²
|
$310,000
+3.37%
11/30/2023
|
Brandon Sweeney
RE/MAX Insight
| |
|
12/31/2022
|
1 Bed
|
1 Bath
|
667 ft²
|
$209,000
1 Bed
1 Bath
667 ft²
|
$230,000
+10.05%
02/21/2023
|
Maurice Lefebvre
Eastview Realty
| |
|
12/25/2021
|
2 Bed
|
1 Bath
|
840 ft²
|
$219,900
2 Bed
1 Bath
840 ft²
|
$252,000
+14.60%
03/10/2022
|
Richard Navarro
Coco, Early & Associates The Andovers
| |
|
02/24/2021
|
2 Bed
|
1 Bath
|
840 ft²
|
$205,000
2 Bed
1 Bath
840 ft²
|
$215,000
+4.88%
04/23/2021
|
Team Zingales
Team Zingales Realty, LLC
| |
|
07/11/2019
|
1 Bed
|
1 Bath
|
667 ft²
|
$145,000
1 Bed
1 Bath
667 ft²
|
$150,000
+3.45%
08/28/2019
|
Meghan Tate
Jill & Co. Realty Group - Real Broker NH, LLC
| |
|
06/21/2018
|
2 Bed
|
1 Bath
|
840 ft²
|
$164,900
2 Bed
1 Bath
840 ft²
|
$167,000
+1.27%
09/20/2018
|
Beverley Bourassa
RE/MAX 360
| |
|
05/16/2018
|
2 Bed
|
1 Bath
|
840 ft²
|
$150,000
2 Bed
1 Bath
840 ft²
|
$142,500
-5.00%
07/13/2018
|
Jim Haley
Dick Lepine Real Estate, Inc.
| |
|
05/31/2017
|
2 Bed
|
1 Bath
|
1162 ft²
|
$154,900
2 Bed
1 Bath
1162 ft²
|
$160,000
+3.29%
07/31/2017
|
Jim Haley
Dick Lepine Real Estate, Inc.
| |
|
07/01/2011
|
2 Bed
|
1 Bath
|
840 ft²
|
$84,900
2 Bed
1 Bath
840 ft²
|
$84,900
08/15/2011
|
Tony Ducharme
Coco, Early & Associates
| |
|
12/21/2010
|
1 Bed
|
1 Bath
|
667 ft²
|
$69,900
1 Bed
1 Bath
667 ft²
|
$69,000
-1.29%
03/15/2011
|
Kathy Bertani
Prudential Verani Realty
| |
|
06/04/2009
|
2 Bed
|
1 Bath
|
1162 ft²
|
$139,900
2 Bed
1 Bath
1162 ft²
|
$120,000
-14.22%
12/03/2009
|
Alcina Buckley
Premier Properties
| |
|
01/28/2008
|
2 Bed
|
1 Bath
|
1162 ft²
|
$149,900
2 Bed
1 Bath
1162 ft²
|
$149,900
09/19/2008
|
Salihu Mohammed
Dick Lepine Real Estate,Inc.
| |
|
02/28/2005
|
2 Bed
|
1 Bath
|
840 ft²
|
$179,900
2 Bed
1 Bath
840 ft²
|
$177,000
-1.61%
05/11/2005
|
Diane Kozlowski
Merrimack Realty Group
| |
|
12/09/2004
|
2 Bed
|
1 Bath
|
1162 ft²
|
$179,900
2 Bed
1 Bath
1162 ft²
|
$178,900
-0.56%
05/02/2005
|
James Vandal
Keller Williams Realty - Merrimack
| |
|
10/08/2004
|
2 Bed
|
1 Bath
|
840 ft²
|
$172,900
2 Bed
1 Bath
840 ft²
|
$165,000
-4.57%
12/15/2004
|
Diane Kozlowski
Merrimack Realty Group
| |
|
04/23/2004
|
2 Bed
|
1 Bath
|
1162 ft²
|
$169,900
2 Bed
1 Bath
1162 ft²
|
$170,000
+0.06%
07/01/2004
|
Denise Vittum
Coco, Early & Associates
| |
|
04/25/2002
|
2 Bed
|
1 Bath
|
1162 ft²
|
$154,900
2 Bed
1 Bath
1162 ft²
|
$155,500
+0.39%
07/01/2002
|
Richard Morgan
Dick Lepine Real Estate, Inc.
| |
|
09/29/2001
|
2 Bed
|
1 Bath
|
840 ft²
|
$119,900
2 Bed
1 Bath
840 ft²
|
$121,500
+1.33%
01/14/2002
|
Paul Brouillette
LAER Realty Partners/Chelmsford
| |
|
09/15/2001
|
1 Bed
|
1 Bath
|
667 ft²
|
$94,900
1 Bed
1 Bath
667 ft²
|
$93,000
-2.00%
11/13/2001
|
Joseph Ryan
RE/MAX Innovations
| |
|
08/15/2001
|
2 Bed
|
1 Bath
|
840 ft²
|
$139,900
2 Bed
1 Bath
840 ft²
|
$133,000
-4.93%
09/24/2001
|
Gloria Brown
Century 21 G. J. Brown R. E.
| |
|
06/16/2000
|
1 Bed
|
1 Bath
|
550 ft²
|
$76,000
1 Bed
1 Bath
550 ft²
|
$74,000
-2.63%
10/06/2000
|
Sheila Dileo
Carlson GMAC Real Estate
| |
|
06/10/2000
|
1 Bed
|
1 Bath
|
667 ft²
|
$78,400
1 Bed
1 Bath
667 ft²
|
$78,400
07/31/2000
|
Raymond Forest
Coldwell Banker Residential Brokerage - Tewksbury
| |
|
01/26/2000
|
2 Bed
|
1 Bath
|
860 ft²
|
$81,000
2 Bed
1 Bath
860 ft²
|
$81,000
02/29/2000
|
Juergen Keller
LAER Realty Partners
| |
|
04/16/1998
|
2 Bed
|
1 Bath
|
840 ft²
|
$67,900
2 Bed
1 Bath
840 ft²
|
$66,000
-2.80%
08/14/1998
|
Jim Dolliver
RE/MAX Insight
| |
|
09/04/1997
|
2 Bed
|
1 Bath
|
840 ft²
|
$57,800
2 Bed
1 Bath
840 ft²
|
$57,800
06/22/1998
|
Buddy Caveney
G. J. Brown Realty, Inc.
| |
|
03/25/1997
|
2 Bed
|
1 Bath
|
950 ft²
|
$64,900
2 Bed
1 Bath
950 ft²
|
$63,900
-1.54%
06/03/1997
|
Corinne Schomburg
Coldwell Banker Realty - Chelmsford
| |
|
07/13/1995
|
2 Bed
|
1 Bath
|
1015 ft²
|
$49,900
2 Bed
1 Bath
1015 ft²
|
$49,000
-1.80%
01/09/1996
|
Bill Thompson
Dick Lepine Real Estate, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017