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Middlesex
38 Nottingham Rd
$282,000
● House - Off Market

38 Nottingham Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,090 Ft²
$510,241
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Sparkling raised ranch with central air on level, fenced yard with great privacy. Home features many updates including flooring, gutters, insulation, tile and paint. Crisp white kitchen with breakfast area overlooking enormous deck to enjoy summer evenings. Formal dining room, Living room with oak flooring, updated full bath and two bedrooms.  Lower level features 13 X 16 family room, bedroom or guest room, laundry area, walk in storage room and workshop with walk out to back yard. Refrigerator, washer and dryer, riding lawn mower and snow blower included.
Unit Size
1,090 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$264
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71876616)

Price History

Date / Event Date Event Price
Sep 1, 2015 Sold
Premium
Sold
Jul 21, 2015 Listed by LAER Realty Partners $287,500
Listed by LAER Realty Partners
Apr 25, 2014 Sold
Premium
Sold
Mar 3, 2014 Listed by LAER Realty Partners $279,900
Listed by LAER Realty Partners
Jan 31, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 19
  • Exterior Walls Type: 18
  • 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: 1,090
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,936
  • Total Building Area: 1,090
  • Gross Building Area: 2,768
  • Building Area: 1,090
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,090
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000549
  • 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: 314102

Zoning

  • Zoning: R1

Geography

  • Account Number: 275335
  • District: 79
  • Parcel: DRAC M:17 L:42
  • Lot: 42
  • Municipality: DRACUT
  • Latitude: 42.6896
  • Longitude: -71.3408

    Address

  • Full Address: 38 Nottingham Rd
  • Address - House Number: 38
  • Address - Street Name: Nottingham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C007
  • 4-Digit Zip Code: 1218
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $482,000

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 496,135
  • High Value: 588,077
  • Low Value: 404,194

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $461,200
  • Assessed Land Value: $201,200
  • Assessed Improvements Value: $260,000

    Sales

  • Current Sale Recording Date: Sep 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39880
  • Previous Sale Recording Date: Apr 25, 2014
  • Previous Sale Amount: $280,000
  • 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

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# 71876616

Frequently Asked Questions

When was property at 38 Nottingham Road built and last sold?
The property at 38 Nottingham Road was built in 1972 and last sold on Jan 1, 1970 for $282,000.
How much is this home worth?
The estimated value of the home located at 38 Nottingham Road is $297,528.
What are some comparable homes to 38 Nottingham Road?
There are currently no comparable homes to 38 Nottingham Road.
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