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Middlesex
43 Leo Ave
$405,000
● House - Off Market

43 Leo Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,652 Ft²
$497,266
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

NEW LISTING ALERT! Attention 2021 House Hunters...If "neighborhood" is at the top of your house-hunting list, program your GPS to 43 Leo Ave right away. This home is located in one of those places where the neighbors are gardening, out for a walk, riding bicycles, grilling on the BBQ, washing their car and so on...Situated on a level lot, this expanded Cape Style home features a Country Kitchen, with Island, Fireplace Living Room, Hardwood Flooring, some Fresh New Carpeting, Deck, Vinyl Tilt-In Windows, First Floor Master Bedroom, First Floor Laundry, 2 New/Newer Bathrooms, Newer Heating System, Full Basement, plus more to discover.  So if you'd like to be the New Neighbor, arrange your showing today. OFFERS DUE TO LIST AGENT BY 2:30 PM JAN 20th
Unit Size
1,652 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$242
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1956

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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 years ago (MLSPIN #72775242)

Price History

Date / Event Date Event Price
Mar 1, 2021 Sold
Premium
Sold
Jan 14, 2021 Listed by Realty One Group Nest $399,900
Listed by Realty One Group Nest

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,652
  • Gross Building Area: 3,144
  • Building Area: 1,652
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,652
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 273110
  • District: 79
  • Parcel: DRAC M:51 L:138
  • Lot: 138
  • Municipality: DRACUT
  • Latitude: 42.6684
  • Longitude: -71.2893

    Address

  • Full Address: 43 Leo Ave
  • Address - House Number: 43
  • Address - Street Name: Leo
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C011
  • 4-Digit Zip Code: 4026
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $490,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 521,421
  • High Value: 618,048
  • Low Value: 424,794

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $469,500
  • Assessed Land Value: $177,200
  • Assessed Improvements Value: $292,300

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12355
  • Previous Sale Recording Date: Jun 12, 2015
  • 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:

$815,000

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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72775242

Frequently Asked Questions

When was property at 43 Leo Avenue built and last sold?
The property at 43 Leo Avenue was built in 1956 and last sold on Mar 1, 2021 for $405,000.
How much is this home worth?
The estimated value of the home located at 43 Leo Avenue is $422,214.
What are some comparable homes to 43 Leo Avenue?
There are currently no comparable homes to 43 Leo Avenue.
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