Middlesex
31 Lantern Lane #8
$142,500
●
Condo -
Off Market
31 Lantern Lane #8
Dracut, MA 01826
2 Beds
1 Bath
840 Ft²
$226,954
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Second floor 2-bedroom Garden style end unit. This unit has a
balcony in the rear of the building overlooking a serene wooded
area, in-unit laundry room with storage, and open concept
living/dining. Still close to town shopping, schools,
U-Lowell, and a short drive to NH shopping.
Unit Size
840 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
Condo
Property Taxes
$147
HOA Dues
$294
Year Built
-
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Operating Profit Per Year
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 #72328287)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Mar 11, 2024 | Listed by Team Zingales Realty, LLC | $290,000 | |
| Listed by Team Zingales Realty, LLC | |||
| | |||
|
ALL OFFERS DUE 3/17/24 SUNDAY AT 7PM. Charming 2-bed, 1-bath condo offering many amazing updates. Bright and airy interior with a functional layout. Beautiful wood laminate flooring through the dining room, living room, kitchen, bathroom and bedrooms. Well-appointed kitchen with modern appliances. Comfortable bedrooms with ample storage. Heating system was installed less than 6 years ago. Enjoy sunsets and summer nights overlooking a beautiful wooded area from your deck. Ideal for first-time buyers or downsizers. Convenient location close to amenities and transportation. Enjoy low-maintenance living in this delightful condo. Don't miss out—schedule your viewing today! Open house Sunday March 17, 2024 12-2PM.
| |||
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by Team Zingales Realty, LLC | $205,000 | |
| Listed by Team Zingales Realty, LLC | |||
| | |||
|
Adorable Garden-Style Condo offering many amazing updates, as you enter this unit you will find a beautiful wood laminate floor sprawling through the dining room, living room, kitchen, and bathroom. The kitchen boast granite countertops a pantry closet and newer appliances. Two good size bedrooms and closet space with well-cared wall-to-wall carpeting. A top-of-the-line heating system was professionally installed less than 3 years ago. If that isn't enough you are able to do your laundry in the comfort of your own home. Last but not least you can relax on your own balcony during the warm summer nights overlooking a serene wooded area. Please refer to the rules & regulations for the pet policy, there are restrictions. OPEN HOUSE SUNDAY 2/28 11:00 AM TO 1:00 PM Because of the overwhelming response please pre-approved buyers only.
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Show More
Property Highlights
Parking Available
Parking Details
Has Open Parking
Parking Features: Assigned, Guest, Driveway, Paved
Interior Details
Full Bathrooms: 1
Appliances: Range, Oven, Refrigerator, Washer
Flooring Type: Wood, Tile, Carpet
Laundry Features: Gas Dryer Hookup, Washer Hookup, In Unit, Second Floor
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 840
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1986
Building Name: Hillshire Farms
Building Area Total: 840
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $124,900
Tax Annual Amount: $1,766
Utilities Details
Cooling Type: None
Heating Type: Central, Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $294
HOA Fee Frequency: Monthly
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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Address: 335 Madison Avenue, New York, NY 10017