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Middlesex
46 Woodbine Path
$475,000
● House - Off Market

46 Woodbine Path

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,636 Ft²
$478,683
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

NEW PRICE IMPROVEMENT! Dreaming of warmer weather? This beautiful colonial is within walking distance of Lake Mascuppic and the town beach! The home features many updates, including a recently remodeled kitchen, a newer roof (2019), and fresh paint throughout. The main living level boasts an expansive living room with an electric fireplace, and a large eat-in kitchen. There are three bedrooms upstairs and a finished bonus room in the basement that could be used as an additional bedroom or recreation room. This home also offers a great backyard––perfect for summer entertaining. Don't miss out on all this home has to offer!
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$290
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1992

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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 #73083594)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 7, 2023 In contract -
In contract
Mar 16, 2023 Price Decreased $475,000
↓ $15K (3%)
Price Decreased
Mar 8, 2023 Price Increased $489,900
↑ $15K (3.1%)
Price Increased
Mar 2, 2023 Listed by LAER Realty Partners $475,000
Listed by LAER Realty Partners
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,372
  • Gross Building Area: 2,188
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 4344-B
  • Land Acres: 0000000115
  • 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: 314101

Zoning

  • Zoning: R1

Geography

  • District: 79
  • Parcel: DRAC M:23 B:66 L:1
  • Block: 66
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.6841
  • Longitude: -71.3767

    Address

  • Full Address: 46 Woodbine Path
  • Address - House Number: 46
  • Address - Street Name: Woodbine
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Dracut
  • Carrier Code: C025
  • 4-Digit Zip Code: 1821
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $406,300

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 65
  • Final Value: 485,372
  • High Value: 604,638
  • Low Value: 366,106

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $388,800
  • Assessed Land Value: $154,200
  • Assessed Improvements Value: $234,600

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 320174
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 13, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: O
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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# 73083594

Frequently Asked Questions

When was property at 46 Woodbine Path built and last sold?
The property at 46 Woodbine Path was built in 1992 and last sold on May 31, 2023 for $475,000.
How much is this home worth?
The estimated value of the home located at 46 Woodbine Path is $482,388.
What are some comparable homes to 46 Woodbine Path?
There are currently no comparable homes to 46 Woodbine Path.
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