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Middlesex
40 Witham Ave
$367,000
● House - Off Market

40 Witham Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,536 Ft²
$529,408
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Come see this beautifully maintained cute Cape. Totally re-gutted in 2010, this cape has a modern kitchen and hardwood floors on the first level. Beautiful enclosed porch to sit and relax. Come see for yourself and plan your next July 4th party on the deck! Property lies on flat lot and quiet street within short distance of Greenmont Ave school.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$228
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1936

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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 #72328671)

Price History

Date / Event Date Event Price
Jul 6, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Coldwell Banker Residential Brokerage - Chelmsford $349,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Mar 23, 2010 Sold
Premium
Sold
Feb 5, 2010 Listed by Coldwell Banker Residential Brokerage - Chelmsford $259,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Aug 28, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 768
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,870
  • Total Building Area: 1,536
  • Gross Building Area: 2,644
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • 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: 314200

Zoning

  • Zoning: R3

Geography

  • Account Number: 829202
  • District: 79
  • Parcel: DRAC M:47 L:71
  • Lot: 71
  • Municipality: DRACUT
  • Latitude: 42.6714
  • Longitude: -71.3107

    Address

  • Full Address: 40 Witham Ave
  • Address - House Number: 40
  • Address - Street Name: Witham
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C026
  • 4-Digit Zip Code: 3736
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $492,400

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 523,193
  • High Value: 620,148
  • Low Value: 426,237

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $471,200
  • Assessed Land Value: $193,500
  • Assessed Improvements Value: $277,700

    Sales

  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28641
  • Previous Sale Recording Date: Mar 23, 2010
  • Previous Sale Amount: $261,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2681 ft²

Average Home Age

62.4 years

Currently For Sale

3251 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# 72328671

Frequently Asked Questions

When was property at 40 Witham Avenue built and last sold?
The property at 40 Witham Avenue was built in 1936 and last sold on Jan 1, 1970 for $367,000.
How much is this home worth?
The estimated value of the home located at 40 Witham Avenue is $368,512.
What are some comparable homes to 40 Witham Avenue?
There are currently no comparable homes to 40 Witham Avenue.
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