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Middlesex
37 Ruby Rd
$545,000
● House - Off Market

37 Ruby Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$562,594
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Awesome, spacious Colonial located in Dracut near the Pelham line. Large 9 room, 4 to 5 bedrooms, 2 full bath colonial with 2100 sq. ft. of finished living space. Traditional 1st floor with Formal Living and Dining room off  the large eat in kitchen with entry door to the side deck for BBQ's and relaxation. Large backyard for family activities and gatherings around the fire pit. Extra large driveway for family toys or guest parking. New heating system and 4 Mitsubishi Mini splits to keep you cold during the summer and warm during the winter. Quiet dead end/culdesac. Come check out this great house today. Open House, Thursday, 5/26 from 5:30pm to 7:30pm
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$262
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1983

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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 #72986571)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
May 23, 2022 Listed by Alan Larrabee Realty Group $549,900
Listed by Alan Larrabee Realty Group
Nov 15, 1999 Sold
Premium
Sold
Sep 10, 1999 Listed by Alan Larrabee Realty Group $219,900
Listed by Alan Larrabee Realty Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,143
  • Total Building Area: 2,100
  • Gross Building Area: 3,252
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000922
  • 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: 243918
  • District: 79
  • Parcel: DRAC M:3 L:78
  • Lot: 78
  • Municipality: DRACUT
  • Latitude: 42.7149
  • Longitude: -71.2683

    Address

  • Full Address: 37 Ruby Rd
  • Address - House Number: 37
  • Address - Street Name: Ruby
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1662
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $582,800

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 656,230
  • High Value: 776,511
  • Low Value: 535,949

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $557,700
  • Assessed Land Value: $239,900
  • Assessed Improvements Value: $317,800

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30181
  • Previous Sale Recording Date: Nov 15, 1999
  • Previous Sale Amount: $226,000
  • 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# 72986571

Frequently Asked Questions

When was property at 37 Ruby Road built and last sold?
The property at 37 Ruby Road was built in 1983 and last sold on Jul 15, 2022 for $545,000.
How much is this home worth?
The estimated value of the home located at 37 Ruby Road is $561,752.
What are some comparable homes to 37 Ruby Road?
There are currently no comparable homes to 37 Ruby Road.
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