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Middlesex
336 Passaconaway Drive
$251,410
● House - Off Market

336 Passaconaway Drive

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,725 Ft²
$447,422
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Well cared for Ranch, steps from Long Pond.  A corner lot with large screen house for summer BBQ's and get togethers.  Irrigation system in the front yard.  New roof, laminate flooring in generous sized bedrooms, kitchen and bath have ceramic tile.  A wood stove keeps your new home cozy in the cold winter months.  You also have your office to work from home.  Also, there is a cozy little breakfast nook which looks out to the yard. Quick close possible to enjoy the summer by the lake.
Unit Size
1,725 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$162
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1938

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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: 4 months ago (MLSPIN #72167204)

Price History

Date / Event Date Event Price
Jul 18, 2017 Sold
Premium
Sold
May 18, 2017 Listed by Dick Lepine Real Estate,Inc. $279,900
Listed by Dick Lepine Real Estate,Inc.
Mar 7, 2005 Sold
Premium
Sold
Jan 20, 2005 Listed by Dick Lepine Real Estate,Inc. $249,900
Listed by Dick Lepine Real Estate,Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 594
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,770
  • Gross Building Area: 2,517
  • Building Area: 1,770
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,770
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 314101

Zoning

  • Zoning: R1

Geography

  • Account Number: 409208
  • District: 79
  • Parcel: DRAC M:10 L:205
  • Lot: 205
  • Municipality: DRACUT
  • Latitude: 42.6935
  • Longitude: -71.3674

    Address

  • Full Address: 336 Passaconaway Dr
  • Address - House Number: 336
  • Address - Street Name: Passaconaway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Dracut
  • Carrier Code: C003
  • 4-Digit Zip Code: 2141
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $425,500

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 491,870
  • High Value: 585,922
  • Low Value: 397,818

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $407,200
  • Assessed Land Value: $168,600
  • Assessed Improvements Value: $238,600

    Sales

  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30516
  • Previous Sale Recording Date: Mar 07, 2005
  • Previous Sale Amount: $233,000
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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# 72167204

Frequently Asked Questions

When was property at 336 Passaconaway Drive built and last sold?
The property at 336 Passaconaway Drive was built in 1938 and last sold on Jan 1, 1970 for $251,410.
How much is this home worth?
The estimated value of the home located at 336 Passaconaway Drive is $310,049.
What are some comparable homes to 336 Passaconaway Drive?
There are currently no comparable homes to 336 Passaconaway Drive.
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