For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Middlesex
40 Surrey Ln
$700,100
● House - Off Market

40 Surrey Ln

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,320 Ft²
$669,998
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

**** Multiple offers | Highest & Best due by 08/29/23 at Noon ***.  East Dracut 4 bedroom colonial nested on a beautiful 0.92 acres surrounded by open space and farmland yet close to major routes. This home offers 2300+ sq. ft of living area including 13x9 screen porch off a fireplaced family room with cathedral ceiling and skylights. Open, spacious eat in kitchen w/ granite counters, SS appliances first floor also boasts formal living and dining room.  Over-size primary bedroom with bath & two closets that opens into a 4th bedroom or make it a sitting/office area.  Large 2 car attached garage with interior access and a staircase leading to   unfinished 2nd floor now being used as storage space.  Full unfinished basement. Town water and Sewer.
Unit Size
2,320 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$290
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1984

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: 4 months ago (MLSPIN #73150389)

Price History

Date / Event Date Event Price
Oct 10, 2023 Sold
Premium
Sold
Aug 29, 2023 In contract -
In contract
Aug 18, 2023 Listed by Weichert Realtors' Daher Companies $672,500
Listed by Weichert Realtors' Daher Companies
Apr 30, 2018 Sold
Premium
Sold
Feb 15, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,008
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,273
  • Total Building Area: 2,320
  • Gross Building Area: 4,924
  • Building Area: 2,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000925
  • 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: 594606
  • District: 79
  • Parcel: DRAC M:19 B:44 L:20
  • Block: 44
  • Lot: 20
  • Municipality: DRACUT
  • Latitude: 42.6941
  • Longitude: -71.3043

    Address

  • Full Address: 40 Surrey Ln
  • Address - House Number: 40
  • Address - Street Name: Surrey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dracut
  • Carrier Code: R001
  • 4-Digit Zip Code: 1436
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $682,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 701,502
  • High Value: 814,523
  • Low Value: 588,482

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $653,300
  • Assessed Land Value: $250,900
  • Assessed Improvements Value: $402,400

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30009
  • Previous Sale Recording Date: Apr 30, 2018
  • Previous Sale Amount: $745,482
  • Previous Sale Document Type: 34
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73150389

Frequently Asked Questions

When was property at 40 Surrey Lane built and last sold?
The property at 40 Surrey Lane was built in 1984 and last sold on Oct 10, 2023 for $700,100.
How much is this home worth?
The estimated value of the home located at 40 Surrey Lane is $701,305.
What are some comparable homes to 40 Surrey Lane?
There are currently no comparable homes to 40 Surrey Lane.
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