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Middlesex
415 Pelham Rd
$525,000
● House - Off Market

415 Pelham Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,304 Ft²
$818,398
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

This Young Colonial home with lots of space to spread out has been well maintained. The Bright Eat-in Kitchen with Updated Cabinets, Stainless Steel Appliances & Granite Counters opens to the Fireplaced Family Room with large windows that provide plenty of natural sunlight. The Dining Room, Family Room, Living Room and Hallway on the first floor have hardwood floors. The master bedroom has a walk-in closet and 3/4 bath with a tiled shower and dual sinks. Bonus-The attic is finished. All of this with mature landscaping, plenty of parking and a two car garage under.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$234
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
2012

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Cap Rate Calculator

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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 #72299089)

Price History

Date / Event Date Event Price
Jun 27, 2018 Sold
Premium
Sold
Mar 27, 2018 Listed by RE/MAX Partners $539,900
Listed by RE/MAX Partners
Jul 28, 2014 Sold
Premium
Sold
Jun 11, 2014 Listed by RE/MAX Partners $425,000
Listed by RE/MAX Partners
Jul 15, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 960
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,543
  • Total Building Area: 2,304
  • Gross Building Area: 4,284
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 314302

Zoning

  • Zoning: R1

Geography

  • Account Number: 712609
  • District: 79
  • Parcel: DRAC M:4 B:17 L:1
  • Block: 17
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.7129
  • Longitude: -71.2642

    Address

  • Full Address: 415 Pelham Rd
  • Address - House Number: 415
  • Address - Street Name: Pelham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1613
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $682,200

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 775,745
  • High Value: 911,644
  • Low Value: 639,846

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $652,800
  • Assessed Land Value: $221,300
  • Assessed Improvements Value: $431,500

    Sales

  • Current Sale Recording Date: Jun 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26835
  • Previous Sale Recording Date: Jul 28, 2014
  • Previous Sale Amount: $414,500
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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: 5 months ago
Data Source: MLS PIN, MLS# 72299089

Frequently Asked Questions

When was property at 415 Pelham Road built and last sold?
The property at 415 Pelham Road was built in 2012 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 415 Pelham Road is $563,734.
What are some comparable homes to 415 Pelham Road?
There are currently no comparable homes to 415 Pelham Road.
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