For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Middlesex
40 Indian Hill Rd
$510,000
● House - Off Market

40 Indian Hill Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,080 Ft²
$662,245
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Interior photos will be posted by the end of the week    Showings begin on Friday 7/17/20    Well Maintained  One owner Federal hip roof 26x40 Colonial  Desirable  East Dracut  location on cul de sac in the Campbell School District.   New roof in 2014, newer hot water heater, hardwood floors in living room and dining room ,family room, first floor laundry in 1/2 bath. fp in family room, plenty of parking,  abuts conservation land , 4 bedrooms  on 2nd floor  acre lot  and full walk out basement. New trek decking on side patio entrance.  offers if any will be presented on Monday at noon
Unit Size
2,080 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$236
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1993

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 months ago (MLSPIN #72690635)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
Jul 13, 2020 Listed by RE/MAX Encore $489,900
Listed by RE/MAX Encore
Mar 25, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: 7
  • Basement Area: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,656
  • Total Building Area: 2,080
  • Gross Building Area: 3,316
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000956
  • 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: 314301

Zoning

  • Zoning: R1

Geography

  • Account Number: 254024
  • District: 79
  • Parcel: DRAC M:54 B:9 L:5
  • Block: 9
  • Lot: 5
  • Municipality: DRACUT
  • Latitude: 42.6678
  • Longitude: -71.2615

    Address

  • Full Address: 40 Indian Hill Rd
  • Address - House Number: 40
  • Address - Street Name: Indian Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C004
  • 4-Digit Zip Code: 5316
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $598,300

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 672,744
  • High Value: 797,413
  • Low Value: 548,074

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $572,500
  • Assessed Land Value: $217,300
  • Assessed Improvements Value: $355,200

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45388
  • Previous Sale Recording Date: Mar 25, 1994
  • Previous Sale Amount: $183,900
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72690635

Frequently Asked Questions

When was property at 40 Indian Hill Road built and last sold?
The property at 40 Indian Hill Road was built in 1993 and last sold on Sep 15, 2020 for $510,000.
How much is this home worth?
The estimated value of the home located at 40 Indian Hill Road is $517,910.
What are some comparable homes to 40 Indian Hill Road?
There are currently no comparable homes to 40 Indian Hill Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Dracut Homes for Sale
Dracut Houses for Sale
Dracut Condos for Sale
Dracut Co-Ops for Sale
Dracut Townhouses for Sale
Dracut Multifamily for Sale
Dracut Land for Sale
Dracut Commercial for Sale
Nearby Cities
Lowell Homes for Sale
Nashua Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Wilmington Homes for Sale
Andover Homes for Sale
Hudson Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Essex County, MA Property Records
Hillsborough County, NH Property Records
Rockingham County, NH Property Records
Suffolk County, MA Property Records
Worcester County, MA Property Records
Norfolk County, MA Property Records
Strafford County, NH Property Records
Neighborhoods
Highlands Real Estate
Centralville Real Estate
Pawtucketville Real Estate
South Lowell Real Estate
Tower Hill Real Estate
Belvidere Real Estate
Prospect Hill - Back Bay Real Estate
North End Real Estate
Nearby Counties
Lowell Homes for Sale
Nashua Homes for Sale
Methuen Town Homes for Sale
Lawrence Homes for Sale
Chelmsford Homes for Sale
Andover Homes for Sale
Billerica Homes for Sale
Tewksbury Homes for Sale
Top Real Estate Agents
Top Agents in Dracut
Top Agents in Lowell
Top Agents in Lowell
Top Agents in Nashua
Top Agents in Nashua
Top Agents in Methuen Town
Top Agents in Methuen Town
Top Agents in 01844