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Middlesex
320 Salem Rd.
$365,000
● House - Off Market

320 Salem Rd.

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,937 Ft²
$605,525
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Open concept Custom Cape with spectacular curb appeal.  Loaded with upgrades including a 2 car attached garage, mudroom and screened porch built by "Boucher Builders".  The amazing chef's kitchen incudes stunning cherry cabinets, granite counters, ceramic tiled floors as well as a professional grade stainless steel gas range and oven, S/S refrigerator and dishwasher. There is an energy efficient wood pellet stove located in the front to back living room capable of warming the entire house.  Walk out through the sliding glass door in the family room on the LL to a quiet and private back yard with a patio.  Oversized Reed's Ferry storage shed with extended warranty. Convenient to Rte. 93.
Unit Size
1,937 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$186
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1983

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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 #72091540)

Price History

Date / Event Date Event Price
Dec 29, 2016 Sold
Premium
Sold
Nov 9, 2016 Listed by EXIT Family First Realty $359,900
Listed by EXIT Family First Realty
Apr 29, 2011 Sold
Premium
Sold
Mar 2, 2011 Listed by EXIT Family First Realty $329,000
Listed by EXIT Family First Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 780
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,303
  • Total Building Area: 1,453
  • Gross Building Area: 3,234
  • Building Area: 1,453
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,453
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000925
  • 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: 488320
  • District: 79
  • Parcel: DRAC M:4 L:42
  • Lot: 42
  • Municipality: DRACUT
  • Latitude: 42.7137
  • Longitude: -71.2497

    Address

  • Full Address: 320 Salem Rd
  • Address - House Number: 320
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1620
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $569,000

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 629,503
  • High Value: 735,034
  • Low Value: 523,973

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,500
  • Assessed Land Value: $218,200
  • Assessed Improvements Value: $326,300

    Sales

  • Current Sale Recording Date: Dec 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64754
  • Previous Sale Recording Date: Apr 29, 2011
  • Previous Sale Amount: $333,000
  • 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# 72091540

Frequently Asked Questions

When was property at 320 Salem Road built and last sold?
The property at 320 Salem Road was built in 1983 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 320 Salem Road is $389,653.
What are some comparable homes to 320 Salem Road?
There are currently no comparable homes to 320 Salem Road.
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