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Middlesex
39 Litchfield Ave
$447,000
● House - Off Market

39 Litchfield Ave

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,481 Ft²
$448,621
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

This well maintained home in a quiet, walk-about neighborhood is move-in ready. The deck off of the 13' x 13' cathedral ceiling bonus room overlooks the landscaped, private backyard. Partially finished basement is perfect set-up for work out area or separate home office space. Short walking distance to town's public schools and town fields, public transportation, local businesses/eateries and family owned ice cream/farm stand open year round.   Showings start on Friday, July 9.  Preapproval letter required prior to making an appointment.   Home inspection is for buyers informational purposes only.
Unit Size
1,481 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$265
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1956

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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 #72861217)

Price History

Date / Event Date Event Price
Aug 13, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed by Centre Realty Group $392,000
Listed by Centre Realty Group

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,318
  • Total Building Area: 1,481
  • Gross Building Area: 2,586
  • Building Area: 1,481
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,481
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000306
  • 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: 827112
  • District: 79
  • Parcel: DRAC M:34 L:71
  • Lot: 71
  • Municipality: DRACUT
  • Latitude: 42.6773
  • Longitude: -71.3345

    Address

  • Full Address: 39 Litchfield Ave
  • Address - House Number: 39
  • Address - Street Name: Litchfield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C007
  • 4-Digit Zip Code: 2559
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $446,000

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 500,543
  • High Value: 593,301
  • Low Value: 407,785

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $426,800
  • Assessed Land Value: $187,400
  • Assessed Improvements Value: $239,400

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47983
  • Previous Sale Recording Date: May 17, 2013
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.4 years

Currently For Sale

3328 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: 5 years ago
Data Source: MLS PIN, MLS# 72861217

Frequently Asked Questions

When was property at 39 Litchfield Avenue built and last sold?
The property at 39 Litchfield Avenue was built in 1956 and last sold on Aug 13, 2021 for $447,000.
How much is this home worth?
The estimated value of the home located at 39 Litchfield Avenue is $413,585.
What are some comparable homes to 39 Litchfield Avenue?
There are currently no comparable homes to 39 Litchfield Avenue.
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