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Middlesex
Lot3C(372) Richardson Road
$524,900
● House - Off Market

Lot3C(372) Richardson Road

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,304 Ft²
$795,040
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

If living in a new subdivision is not to your liking, consider this newly constructed Colonial home in a wonderful country setting in east Dracut. This well appointed new home offers 4 bedrooms with a walk out basement offering many possibilities for additional living area. The first floor open floor plan offers the flexibility for todays lifestyle. This new home is currently under construction with a late summer/early fall delivery date.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
2.22 acres
Price per sqft
$228
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

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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 #72340311)

Price History

Date / Event Date Event Price
Oct 26, 2018 Sold
Premium
Sold
Jun 6, 2018 Listed by Coldwell Banker Residential Brokerage - Chelmsford $524,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Jun 5, 2015 Sold
Premium
Sold
Mar 4, 2015 Listed by Coldwell Banker Residential Brokerage - Chelmsford $234,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 96,703
  • Total Building Area: 2,070
  • Gross Building Area: 3,534
  • Building Area: 2,070
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,070
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002220
  • 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: 314301

Zoning

  • Zoning: R1

Geography

  • Account Number: 381523
  • District: 79
  • Parcel: DRAC M:6 L:1
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.7007
  • Longitude: -71.2885

    Address

  • Full Address: 372 Richardson Rd
  • Address - House Number: 372
  • Address - Street Name: Richardson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R001
  • 4-Digit Zip Code: 1424
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $711,900

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 85
  • Final Value: 753,536
  • High Value: 848,944
  • Low Value: 658,127

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $681,200
  • Assessed Land Value: $231,100
  • Assessed Improvements Value: $450,100

    Sales

  • Current Sale Recording Date: Oct 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46959
  • Previous Sale Recording Date: Jun 05, 2015
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72340311

Frequently Asked Questions

When was property at 372 Richardson Road built and last sold?
The property at 372 Richardson Road was built in 2018 and last sold on Jan 1, 1970 for $524,900.
How much is this home worth?
The estimated value of the home located at 372 Richardson Road is $556,726.
What are some comparable homes to 372 Richardson Road?
There are currently no comparable homes to 372 Richardson Road.
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