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Middlesex
387 Hypine Rd
$233,000
● House - Off Market

387 Hypine Rd

Dracut, MA 01826
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$437,406
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Well maintained Colonial with open floor plan. Fully applianced eat-in kitchen with ice-maker connection. Follow the open staircase to the second floor featuring two generous size bedrooms & full bath with shower grab assist bars. Beat the heat with the central air system or step out onto the deck and enjoy starry nights & summer breezes. Quiet location on corner lot on cul-de-sac street yet convenient to all area amenities.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$196
Property Type
House
Property Taxes
$230
HOA Dues
$40
Year Built
1990

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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 #71713414)

Price History

Date / Event Date Event Price
Sep 15, 2014 Sold
Premium
Sold
Jul 14, 2014 Listed by LAER Realty Partners $235,000
Listed by LAER Realty Partners
Oct 29, 1999 Sold
Premium
Sold
Aug 16, 1999 Listed by LAER Realty Partners $154,900
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 9
  • Basement Area: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,312
  • Total Building Area: 1,200
  • Gross Building Area: 1,928
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • 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

  • District: 79
  • Parcel: DRAC M:26 B:53 L:9
  • Block: 53
  • Lot: 9
  • Municipality: DRACUT
  • Latitude: 42.683
  • Longitude: -71.3421

    Address

  • Full Address: 387 Hypine Rd
  • Address - House Number: 387
  • Address - Street Name: Hypine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C006
  • 4-Digit Zip Code: 6306
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $364,300

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 439,322
  • High Value: 523,327
  • Low Value: 355,318

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $348,600
  • Assessed Land Value: $145,600
  • Assessed Improvements Value: $203,000

    Sales

  • Current Sale Recording Date: Sep 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36608
  • Previous Sale Recording Date: Oct 29, 1999
  • Previous Sale Amount: $154,900
  • 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

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# 71713414

Frequently Asked Questions

When was property at 387 Hypine Road built and last sold?
The property at 387 Hypine Road was built in 1990 and last sold on Jan 1, 1970 for $233,000.
How much is this home worth?
The estimated value of the home located at 387 Hypine Road is $250,638.
What are some comparable homes to 387 Hypine Road?
There are currently no comparable homes to 387 Hypine Road.
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