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Middlesex
44 Mullen Ln
$525,000
● House - Off Market

44 Mullen Ln

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,770 Ft²
$514,211
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

An absolute gem! Located in one of the finest neighborhoods in town is this split entry. Recently freshened up with paint, refinished hard wood flooring,  light and fan fixtures. Plenty of space to spread out here with a large four-season porch that offers windows on all sides. Wide open finished basement for a family room, play area, office or home gym. Additional features are whole house generator, central air and Harvey windows. Last but not least is the fenced in yard on a nice level lot. Come check it out at the Open House Saturday Feb 4th at Noon. AGENTS SEE FIRM REMARKS
Unit Size
1,770 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$282
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1972

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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 #73075407)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold
Premium
Sold
Feb 9, 2023 In contract -
In contract
Feb 1, 2023 Listed by Keller Williams Realty $499,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,320
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,000
  • Total Building Area: 1,320
  • Gross Building Area: 2,948
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • 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: 314102

Zoning

  • Zoning: R1

Geography

  • Account Number: 332228
  • District: 79
  • Parcel: DRAC M:17 L:72
  • Lot: 72
  • Municipality: DRACUT
  • Latitude: 42.6917
  • Longitude: -71.3409

    Address

  • Full Address: 44 Mullen Ln
  • Address - House Number: 44
  • Address - Street Name: Mullen
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dracut
  • Carrier Code: C007
  • 4-Digit Zip Code: 1216
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $545,100

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 568,216
  • High Value: 670,053
  • Low Value: 466,379

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $521,600
  • Assessed Land Value: $198,800
  • Assessed Improvements Value: $322,800

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5767
  • Previous Sale Recording Date: Mar 12, 2008
  • 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:

$809,999

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73075407

Frequently Asked Questions

When was property at 44 Mullen Lane built and last sold?
The property at 44 Mullen Lane was built in 1972 and last sold on Feb 28, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 44 Mullen Lane is $522,338.
What are some comparable homes to 44 Mullen Lane?
There are currently no comparable homes to 44 Mullen Lane.
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