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Middlesex
36 Locust Street
$330,000
● House - Off Market

36 Locust Street

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$457,422
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

New to the Market in Dracut. This well maintained and updated Ranch is ready to sell. This home has vinyl siding and vinyl replacement windows and boasts 3 bedrooms and a full bath with Laundry Hook-ups. The fully applianced Kitchen has Oak Cabinets with plenty of storage. A large Deck is located off the eat-in kitchen. The living room has plenty of natural light. The large unfinished basement has additional laundry hook-ups. The lot has plenty of privacy and room. The home is located close to Lake Mascuppic and the NH State Line.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$362
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1974

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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 #72639977)

Price History

Date / Event Date Event Price
Jul 13, 2020 Sold
Premium
Sold
Apr 1, 2020 Listed by RE/MAX Innovative Properties $329,900
Listed by RE/MAX Innovative Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,750
  • Total Building Area: 912
  • Gross Building Area: 1,968
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 912
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: 596010
  • District: 79
  • Parcel: DRAC M:23 L:84
  • Lot: 84
  • Municipality: DRACUT
  • Latitude: 42.6832
  • Longitude: -71.3756

    Address

  • Full Address: 36 Locust St
  • Address - House Number: 36
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C025
  • 4-Digit Zip Code: 1848
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $400,800

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 430,424
  • High Value: 540,912
  • Low Value: 319,936

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $383,500
  • Assessed Land Value: $175,800
  • Assessed Improvements Value: $207,700

    Sales

  • Current Sale Contract Date: Jun 22, 2020
  • Current Sale Recording Date: Jul 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 305960
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72639977

Frequently Asked Questions

When was property at 36 Locust Street built and last sold?
The property at 36 Locust Street was built in 1974 and last sold on Jun 22, 2020 for $330,000.
How much is this home worth?
The estimated value of the home located at 36 Locust Street is $337,729.
What are some comparable homes to 36 Locust Street?
There are currently no comparable homes to 36 Locust Street.
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