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Middlesex
49 Oak Ter
$267,500
● House - Off Market

49 Oak Ter

Dracut, MA 01826
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,358 Ft²
$470,169
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

"Homeownership Pride"shows in this meticulously maintained home in a great location in Dracut.  Lovely kitchen with great Island and new tile floor, beautiful hardwood floors, new insulated garage door, high efficiency hybrid water heater, new electrical and new panel generator ready system installed,  heated sun room with skylights and new sliding patio doors leading out to new 16x 16 pressure treated deck and  beautiful level  fenced in yard. Assessed as a two bedroom but originally a three bedroom. Third room has stunning double doors that could  either lead to a third bedroom or dining room. Subject to sellers finding suitable housing.
Unit Size
1,358 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$193
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1955

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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 #71795688)

Price History

Date / Event Date Event Price
May 1, 2015 Sold
Premium
Sold
Feb 27, 2015 Listed by McKiernan Real Estate $262,500
Listed by McKiernan Real Estate
Dec 5, 2008 Sold
Premium
Sold
Sep 24, 2008 Listed by McKiernan Real Estate $234,000
Listed by McKiernan Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 960
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 1,118
  • Gross Building Area: 3,134
  • Building Area: 1,118
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,118
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • 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

  • Account Number: 572201
  • District: 79
  • Parcel: DRAC M:32 L:43
  • Lot: 43
  • Municipality: DRACUT
  • Latitude: 42.6768
  • Longitude: -71.3565

    Address

  • Full Address: 49 Oak Ter
  • Address - House Number: 49
  • Address - Street Name: Oak
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Dracut
  • Carrier Code: C012
  • 4-Digit Zip Code: 3108
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $386,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 459,790
  • High Value: 547,708
  • Low Value: 371,872

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $369,800
  • Assessed Land Value: $187,000
  • Assessed Improvements Value: $182,800

    Sales

  • Current Sale Recording Date: May 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 17017
  • Previous Sale Recording Date: Dec 05, 2008
  • Previous Sale Amount: $227,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71795688

Frequently Asked Questions

When was property at 49 Oak Terrace built and last sold?
The property at 49 Oak Terrace was built in 1955 and last sold on Jan 1, 1970 for $267,500.
How much is this home worth?
The estimated value of the home located at 49 Oak Terrace is $284,046.
What are some comparable homes to 49 Oak Terrace?
There are currently no comparable homes to 49 Oak Terrace.
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