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Middlesex
381 Richardson Rd
$425,000
● House - Off Market

381 Richardson Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,152 Ft²
$757,429
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

This is a beautiful 3 bedroom 2.5 bath home with lots of upgrades. The private landscaped back yard with in ground sprinkler system, Vaulted Ceilings and open floor plan makes this house seem much larger,  inviting open entry stairwell and easy to clean vacuum system makes this place a gem. Owner down sizing due to personal reasons and loves this house. Perfect home that includes a large dining room for family gatherings and an unfinished dry basement that could be finished for that man cave or project space. Lots of storage. Enjoying the air conditioning this summer and don't forget the harmon pellet stove to keep you warm in the winter. Please come visit and see for yourself.  This feels like a new home.
Unit Size
2,152 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$198
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1998

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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 #71880414)

Price History

Date / Event Date Event Price
Oct 29, 2015 Sold
Premium
Sold
Jul 28, 2015 Listed by The Greene Realty Group $427,000
Listed by The Greene Realty Group
Oct 22, 2013 Sold
Premium
Sold
Sep 20, 2013 Listed by The Greene Realty Group $399,900
Listed by The Greene Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • 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: 7
  • Basement Area: 720
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 2,152
  • Gross Building Area: 3,512
  • Building Area: 2,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001070
  • 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

  • District: 79
  • Parcel: DRAC M:6 B:5 L:3
  • Block: 5
  • Lot: 3
  • Municipality: DRACUT
  • Latitude: 42.7023
  • Longitude: -71.2886

    Address

  • Full Address: 381 Richardson Rd
  • Address - House Number: 381
  • Address - Street Name: Richardson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R001
  • 4-Digit Zip Code: 1423
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $652,800

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 735,310
  • High Value: 849,610
  • Low Value: 621,011

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $624,700
  • Assessed Land Value: $221,900
  • Assessed Improvements Value: $402,800

    Sales

  • Current Sale Recording Date: Oct 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49554
  • Previous Sale Recording Date: Oct 22, 2013
  • Previous Sale Amount: $399,900
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71880414

Frequently Asked Questions

When was property at 381 Richardson Road built and last sold?
The property at 381 Richardson Road was built in 1998 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 381 Richardson Road is $459,062.
What are some comparable homes to 381 Richardson Road?
There are currently no comparable homes to 381 Richardson Road.
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