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Middlesex
48 Grant St
Photo of 48 Grant St

41

Map

Photo of 48 Grant St
Photo of 48 Grant St
$390,000
● House - In Contract

48 Grant St

Dracut, MA 01826
bedrooms
2 Beds
bathrooms
1 Bath
square feet
871 Ft²
$2,233
Est. Monthly

About This Property

Cozy Colonial on a level lot in a quiet neighborhood near the Merrimack River. Recent updates include a hot water heater (2026), furnace (2016), roof (2016) and well pump (2025). Wonderful starter home vacant and ready for immediate occupancy! Price has been reduced by $60,000...See it Soon!
Unit Size
871 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$448
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1935

Listed By

Paul Brouillette
[email protected]
LAER Realty Partners/Chelmsford

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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: 2 months ago (MLSPIN #73541916)

Price History

Date / Event Date Event Price
Aug 7, 2026 In contract -
In contract
Aug 3, 2026 Price Decreased $390,000
↓ $30K (7.1%)
Price Decreased
Jul 27, 2026 Price Decreased $420,000
↓ $30K (6.7%)
Price Decreased
Jul 6, 2026 Listed by LAER Realty Partners $449,900
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Open Parking Spaces: 3
Interior Details
Full Bathrooms: 1
Appliances: Gas Water Heater, Range, Dishwasher, Refrigerator
Laundry Features: First Floor
Rooms: 6
Basement: Unfinished
Exterior Details
Square Footage: 871
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1935
Building Area Total: 871
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Features: Level
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10000
Water Source: Private
Financial Details
Tax Assessed Value: $394,500
Tax Annual Amount: $3,815
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Steam, Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 646
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 871
  • Gross Building Area: 1,894
  • Building Area: 871
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 871
  • 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: 314301

Zoning

  • Zoning: R3

Geography

  • Account Number: 383515
  • District: 79
  • Parcel: DRAC M:73 L:39
  • Lot: 39
  • Municipality: DRACUT
  • Latitude: 42.6598
  • Longitude: -71.2596

    Address

  • Full Address: 48 Grant St
  • Address - House Number: 48
  • Address - Street Name: Grant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C005
  • 4-Digit Zip Code: 5941
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $359,900

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 423,432
  • High Value: 493,096
  • Low Value: 353,768

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $344,400
  • Assessed Land Value: $183,000
  • Assessed Improvements Value: $161,400
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73541916

Frequently Asked Questions

When was property at 48 Grant Street built and last sold?
The property at 48 Grant Street was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 48 Grant Street is $394,749.
What are some comparable homes to 48 Grant Street?
There are currently no comparable homes to 48 Grant Street.
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