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Middlesex
40 Charles St.
Photo of 40 Charles St.
Sold on Jun 23, 2026

42

Map

Photo of 40 Charles St.
Photo of 40 Charles St.
$489,000
● House - Off Market

40 Charles St.

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,066 Ft²
$2,777
Est. Monthly

About This Property

A True Gem in Dracut! Nestled on a peaceful dead-end street and backing up to the scenic Dracut State Forest, this meticulously cared-for 3-bedroom, 1-bath Ranch offers the perfect blend of charm, comfort, and convenience. Built in 1955 and lovingly maintained, this classic home sits on a 1/4 acre lot and is ready for its next chapter. The thoughtful floor plan maximizes every inch of the 1066 sq. ft, while a partial finished basement provides fantastic bonus space. Recent updates mean the big-ticket items are already done: a new heat pump system for efficient year-round comfort, new gutters, and a roof 3 years old deliver true peace of mind. Tax-free New Hampshire shopping is a quick trip up the road, and Boston 45 minutes away - the best of both worlds.
Unit Size
1,066 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$468
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1955

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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 #73490242)

Price History

Date / Event Date Event Price
Jun 23, 2026 Sold
Premium
Sold
Apr 28, 2026 In contract -
In contract
Apr 22, 2026 Relisted $499,000
Relisted
Apr 13, 2026 In contract -
In contract
Apr 6, 2026 Price Decreased $499,000
↓ $31K (5.8%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,920
  • Total Building Area: 936
  • Gross Building Area: 2,154
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • 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: 314101

Zoning

  • Zoning: R1

Geography

  • Account Number: 738116
  • District: 79
  • Parcel: DRAC M:24 L:186
  • Lot: 186
  • Municipality: DRACUT
  • Latitude: 42.6843
  • Longitude: -71.3619

    Address

  • Full Address: 40 Charles St
  • Address - House Number: 40
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C002
  • 4-Digit Zip Code: 3016
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $390,100

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 443,349
  • High Value: 516,290
  • Low Value: 370,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $373,300
  • Assessed Land Value: $184,200
  • Assessed Improvements Value: $189,100
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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 73490242

Frequently Asked Questions

When was property at 40 Charles Street built and last sold?
The property at 40 Charles Street was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Charles Street is $0.
What are some comparable homes to 40 Charles Street?
There are currently no comparable homes to 40 Charles Street.
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