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Middlesex
40 Book Street
Photo of 40 Book Street

6

Map

Photo of 40 Book Street
Photo of 40 Book Street
$125,000
● Land - For Sale

40 Book Street

Dracut, MA 01826
bedrooms
Studio
bathrooms
0 Bath
$673
Est. Monthly

About This Property

Desirable lot on a dead-end road in Dracut! Rare opportunity to own 14,300 sq.ft. of land. This property offers privacy, low traffic and a great setting for your future home Whether you're looking to build, invest, or to secure land for the future. This lot provides excellent potential in a desirable neighborhood setting. There is also a lot next to this one at 37 Book Street you could purchase them both. Buyer's responsibility for surveying and engineering work. Buyer shall be solely responsible for all surveying,engineering, and related due diligence work on the lot(s)of land included but not limited to boundary surveys, site plans, soil test, grading plans, or any other studies or reports necessary or desired by the buyer. Seller shall have no obligation to perform or pay for any such work.
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$59
HOA Dues
-
Year Built
1970

Listed By

Tony Ducharme
Berkshire Hathaway HomeServices Verani Realty Methuen

Payment Calculator

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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: 3 months ago (MLSPIN #73522973)

Price History

Date / Event Date Event Price
Jul 30, 2026 Relisted $125,000
Relisted
Jul 20, 2026 In contract -
In contract
May 22, 2026 Listed by Berkshire Hathaway HomeServices Verani Realty Methuen $125,000
Listed by Berkshire Hathaway HomeServices Verani Realty Methuen

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Level
Lot Size Area: 0.33
Lot Size Units: Acres
Lot Size Acres: 0.33
Lot Size Square Feet: 14300
Water Source: Public, At Street
Financial Details
Tax Assessed Value: $69,400
Tax Annual Amount: $702
Utilities Details
Sewer : Public Sewer, At Street

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,326
  • Garage Type: 0
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,300
  • Total Building Area: 0
  • Gross Building Area: 4,403
  • Building Area: 2,236
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000328
  • Standard Land Use Code: 8001
  • County Land Use Code: 131

Neighborhood

  • School District Name: Dracut School District
  • School Tax School District: DRACUT SD
  • Census Tract: 314200

Zoning

  • Zoning: R1

Geography

  • Account Number: 417404
  • District: 79
  • Parcel: DRAC M:62 L:110
  • Lot: 110
  • Municipality: DRACUT
  • Latitude: 42.6624
  • Longitude: -71.32

    Address

  • Full Address: 40 Book St
  • Address - House Number: 40
  • Address - Street Name: Book
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C008
  • 4-Digit Zip Code: 4709
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $69,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $66,100
  • Assessed Land Value: $66,100
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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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

Currently no nearby rentals
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 73522973

Frequently Asked Questions

When was property at 40 Book Street built and last sold?
The property at 40 Book Street was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Book Street is $126,250.
What are some comparable homes to 40 Book Street?
There are currently no comparable homes to 40 Book Street.
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