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Middlesex
38 Hamblett Ave
$275,000
● House - Off Market

38 Hamblett Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,064 Ft²
$243,214
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

MULTIPLE OFFER NOTIFICATION - H&B Offers due 3/14 by 6pm.  It's official - SPRING is right around the corner!  Now is a great time to pick your next project.  With some attention this home could be a gem.  The structure sits at the front corner of the lot, meaning the yard is HUGE!  Fix it up, add-on or put up a pool.  The possibilities are endless.  Come see this property and create your own vision.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$188
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1886

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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: 5 years ago (MLSPIN #72796174)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by Simes City Realty $425,000
Listed by Simes City Realty
Apr 23, 2021 Sold
Premium
Sold
Mar 10, 2021 Listed by Simes City Realty $200,000
Listed by Simes City Realty
May 1, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1886
  • Effective Year Built: 1886
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 654
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,240
  • Total Building Area: 1,027
  • Gross Building Area: 2,069
  • Building Area: 1,027
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,027
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000235
  • 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: 314200

Zoning

  • Zoning: R3

Geography

  • Account Number: 402922
  • District: 79
  • Parcel: DRAC M:49 L:21
  • Lot: 21
  • Municipality: DRACUT
  • Latitude: 42.6674
  • Longitude: -71.323

    Address

  • Full Address: 38 Hamblett Ave
  • Address - House Number: 38
  • Address - Street Name: Hamblett
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C008
  • 4-Digit Zip Code: 4717
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $417,700

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 456,862
  • High Value: 567,073
  • Low Value: 346,651

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $399,700
  • Assessed Land Value: $183,300
  • Assessed Improvements Value: $216,400

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49125
  • Previous Sale Recording Date: Apr 23, 2021
  • Previous Sale Contract Date: Apr 15, 2021
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: O
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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: 5 years ago
Data Source: MLS PIN, MLS# 72796174

Frequently Asked Questions

When was property at 38 Hamblett Avenue built and last sold?
The property at 38 Hamblett Avenue was built in 1886 and last sold on Aug 20, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 38 Hamblett Avenue is $0.
What are some comparable homes to 38 Hamblett Avenue?
There are currently no comparable homes to 38 Hamblett Avenue.
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