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Middlesex
40 Willow Ave
$320,000
● House - Off Market

40 Willow Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,496 Ft²
$505,555
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Welcome Home! This is the one you have been looking for. Beautiful 3 bedroom home located next to all Dracut has to offer.  Large level lot just under 1 acre offers an array of options. New roof, new appliances and numerous other upgrades really make this home stand out. Come see it before it's gone.  Open House Sunday 12-2.
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$210
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1930

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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 #72166705)

Price History

Date / Event Date Event Price
Jun 29, 2017 Sold
Premium
Sold
May 17, 2017 Listed by RE/MAX Partners $314,900
Listed by RE/MAX Partners
Jan 6, 2017 Sold
Premium
Sold
Oct 19, 2016 Listed by RE/MAX Partners $230,900
Listed by RE/MAX Partners
Jul 7, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 880
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,860
  • Total Building Area: 1,496
  • Gross Building Area: 3,520
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000892
  • 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: R3

Geography

  • Account Number: 527319
  • District: 79
  • Parcel: DRAC M:52 L:98
  • Lot: 98
  • Municipality: DRACUT
  • Latitude: 42.6681
  • Longitude: -71.2964

    Address

  • Full Address: 40 Willow Ave
  • Address - House Number: 40
  • Address - Street Name: Willow
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C011
  • 4-Digit Zip Code: 5033
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $465,800

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 506,394
  • High Value: 603,224
  • Low Value: 409,565

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,700
  • Assessed Land Value: $216,900
  • Assessed Improvements Value: $228,800

    Sales

  • Current Sale Recording Date: Jun 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27650
  • Previous Sale Recording Date: Jan 06, 2017
  • Previous Sale Amount: $235,125
  • Previous Sale Document Type: O
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 months ago
Data Source: MLS PIN, MLS# 72166705

Frequently Asked Questions

When was property at 40 Willow Avenue built and last sold?
The property at 40 Willow Avenue was built in 1930 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 40 Willow Avenue is $333,908.
What are some comparable homes to 40 Willow Avenue?
There are currently no comparable homes to 40 Willow Avenue.
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