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Middlesex
48 Rinzee Road
Photo of 48 Rinzee Road
Sold on Aug 1, 2008

1

Map

$397,000
● House - Off Market

48 Rinzee Road

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,184 Ft²
$801,516
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

LOCATION LOCATION LOCATION!! Fabulous neighborhood w/cul-de-sac tucked away only 3 mi to Rt.93.  Perfect to enjoy the summer - large,flat yard,screened porch, deck, & above ground pool.  Easy maintenance, including sprinkler system.  4 spacious bedrms (all fit at least Queen bed), 1st flr laundry, open concept.  Master bdrm w/bath & walk-in closet. Upgrades incl newer roof, windows, garage doors. New furnace & new central air being installed. Easy access to 113/110. New septic system in process
Unit Size
2,184 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$191
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1987

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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 #70766966)

Price History

Date / Event Date Event Price
Aug 1, 2008 Sold
Premium
Sold
May 26, 2008 Listed $417,721
Listed
Apr 30, 1999 Sold
Premium
Sold
Feb 22, 1999 Listed $262,900
Listed
Apr 30, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,092
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,076
  • Total Building Area: 2,184
  • Gross Building Area: 4,052
  • Building Area: 2,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,184
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • 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: 314302

Zoning

  • Zoning: R1

Geography

  • District: 79
  • Parcel: DRAC M:39 B:7 L:17
  • Block: 7
  • Lot: 17
  • Municipality: DRACUT
  • Latitude: 42.6873
  • Longitude: -71.2442

    Address

  • Full Address: 48 Rinzee Rd
  • Address - House Number: 48
  • Address - Street Name: Rinzee
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R002
  • 4-Digit Zip Code: 4268
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $681,000

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 759,102
  • High Value: 877,100
  • Low Value: 641,104

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $651,700
  • Assessed Land Value: $239,800
  • Assessed Improvements Value: $411,900

    Sales

  • Current Sale Recording Date: Aug 01, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00035451
  • Previous Sale Recording Date: Apr 30, 1999
  • Previous Sale Amount: $262,900
  • 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

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 70766966

Frequently Asked Questions

When was property at 48 Rinzee Road built and last sold?
The property at 48 Rinzee Road was built in 1987 and last sold on Jan 1, 1970 for $397,000.
How much is this home worth?
The estimated value of the home located at 48 Rinzee Road is $442,815.
What are some comparable homes to 48 Rinzee Road?
There are currently no comparable homes to 48 Rinzee Road.
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