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Middlesex
441 Textile Avenue
$209,000
● House - Off Market

441 Textile Avenue

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,401 Ft²
$389,012
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

This super cute, one owner cape home has plenty of room for everyone & is clean as a whistle! Finished 2nd level w/ 2 good size bedrooms, plenty of closet space + room for expansion for a master w/bath possibilities. 1st level has 2 bedrooms & hardwood floors with natural hand craftsmanship, spacious fully appliance kitchen with expansion possibilities with plenty of cabinets & counter space and a full size bathroom. Slider windows above kitchen sink area to look/open out to enclosed back porch/ area with all new windows & freshly painted through out. THIS PROPERTY IS BUSINESS ZONED B1, so there are endless possibilities. There is already a horseshoe driveway on the property waiting for your final touches!! Very commuter friendly location & within walking distance . 08 miles to UMass Lowell!
Unit Size
1,401 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$149
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #71701390)

Price History

Date / Event Date Event Price
Sep 23, 2014 Sold
Premium
Sold
Jun 19, 2014 Listed by CM Real Estate $209,000
Listed by CM Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 848
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,401
  • Gross Building Area: 2,707
  • Building Area: 1,401
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,401
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: B1

Geography

  • Account Number: 488810
  • District: 79
  • Parcel: DRAC M:59 L:101
  • Lot: 101
  • Municipality: DRACUT
  • Latitude: 42.6607
  • Longitude: -71.3376

    Address

  • Full Address: 441 Textile Ave
  • Address - House Number: 441
  • Address - Street Name: Textile
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C010
  • 4-Digit Zip Code: 4424
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $423,600

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 462,182
  • High Value: 550,557
  • Low Value: 373,807

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $405,400
  • Assessed Land Value: $183,000
  • Assessed Improvements Value: $222,400

    Sales

  • Current Sale Recording Date: Sep 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 279454
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71701390

Frequently Asked Questions

When was property at 441 Textile Avenue built and last sold?
The property at 441 Textile Avenue was built in 1950 and last sold on Jan 1, 1970 for $209,000.
How much is this home worth?
The estimated value of the home located at 441 Textile Avenue is $231,935.
What are some comparable homes to 441 Textile Avenue?
There are currently no comparable homes to 441 Textile Avenue.
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