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Middlesex
5 Flower Ln
$420,000
● House - Off Market

5 Flower Ln

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,142 Ft²
$404,536
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Single-level living on a corner lot ready for your ideas and personal touch! Fantastic ranch-style layout with hardwood floors, open concept living room, kitchen and dining area. The living room features a large window for excellent natural light, as well as a pellet stove for supplemental heat and ambiance. The dining area has a built in seating and flows directly into the well-proportioned kitchen. Off the kitchen is the inviting sun-room which includes a wood burning stove. Down the hall you'll find the three bedrooms, each with ample closet space. A full bath is conveniently located between the bedrooms. The basement is tidy with easy access to utilities and laundry and could easily serve as a space for home gym, storage or workshop. Don't miss this opportunity at an affordable price point.
Unit Size
1,142 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$350
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1962

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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 #72972816)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by LAER Realty Partners $399,900
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,948
  • Total Building Area: 1,142
  • Gross Building Area: 2,102
  • Building Area: 1,142
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,142
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000389
  • 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: R3

Geography

  • Account Number: 487030
  • District: 79
  • Parcel: DRAC M:48 L:12
  • Lot: 12
  • Municipality: DRACUT
  • Latitude: 42.6695
  • Longitude: -71.3327

    Address

  • Full Address: 5 Flower Ln
  • Address - House Number: 5
  • Address - Street Name: Flower
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dracut
  • Carrier Code: C014
  • 4-Digit Zip Code: 4603
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $424,700

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 442,483
  • High Value: 526,138
  • Low Value: 358,827

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $406,400
  • Assessed Land Value: $192,300
  • Assessed Improvements Value: $214,100

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28368
  • Previous Sale Recording Date: Mar 18, 2015
  • 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

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2690 ft²

Average Home Age

64.9 years

Currently For Sale

3210 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# 72972816

Frequently Asked Questions

When was property at 5 Flower Lane built and last sold?
The property at 5 Flower Lane was built in 1962 and last sold on Jun 30, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 5 Flower Lane is $411,787.
What are some comparable homes to 5 Flower Lane?
There are currently no comparable homes to 5 Flower Lane.
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