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Middlesex
39 Spring Park Ave
$250,000
● House - Off Market

39 Spring Park Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,303 Ft²
$394,020
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

BUILDER/DEVELOPER DRACUT OPPORTUNITY - This is a fabulous/HUGE lot that sits on Spring Park and it also borders Stone St & Blanche St - one of the largest lots around! (see maps attached) NO REPRESENTATIONS. Buyer RESPONSIBLE FOR OWN DUE DILIGENCE. R3 ZONE according to Dracut Assessors online information. Property is in AS-IS, AS-SEEN Condition. It is NOT seemingly Financeable and would need to be a CASH BUYER. Heat not currently operational, possible roof leaks, etc. This property is easy to show!!!
Unit Size
1,303 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$230
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1900

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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 years ago (MLSPIN #72741328)

Price History

Date / Event Date Event Price
Dec 4, 2020 Sold
Premium
Sold
Oct 10, 2020 Listed by RTN Realty Advisors LLC. $299,900
Listed by RTN Realty Advisors LLC.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 700
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,050
  • Total Building Area: 1,303
  • Gross Building Area: 2,644
  • Building Area: 1,303
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,303
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000368
  • 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: 134901
  • District: 79
  • Parcel: DRAC M:50 L:120
  • Lot: 120
  • Municipality: DRACUT
  • Latitude: 42.6701
  • Longitude: -71.3059

    Address

  • Full Address: 39 Spring Park Ave
  • Address - House Number: 39
  • Address - Street Name: Spring Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C009
  • 4-Digit Zip Code: 3829
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $384,800

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 443,044
  • High Value: 515,935
  • Low Value: 370,153

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $368,200
  • Assessed Land Value: $191,100
  • Assessed Improvements Value: $177,100

    Sales

  • Current Sale Contract Date: Dec 03, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63126
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 years ago
Data Source: MLS PIN, MLS# 72741328

Frequently Asked Questions

When was property at 39 Spring Park Avenue built and last sold?
The property at 39 Spring Park Avenue was built in 1900 and last sold on Dec 3, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 39 Spring Park Avenue is $0.
What are some comparable homes to 39 Spring Park Avenue?
There are currently no comparable homes to 39 Spring Park Avenue.
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