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Middlesex
50 School St
$220,000
● House - Off Market

50 School St

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,222 Ft²
$485,341
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

Pretty 3 Bedroom Ranch with Garage in Dracut ! Move In Condition Home located on a Lovely Level 31,644 Sq. Ft Lot ! Many Updates Done for your Convenience including New Roof, New Vinyl Siding, New Garage Door, New Pretty Vinyl Sided Farmer's Porch, Some Updated Windows, Hardwood under all floors except Kitchen and Bath, and Nicely Updated Serene Screened In Porch Overlooks Private Back Yard.  Wonderful place to call your Very Own Home Sweet Home !    Showings start Aug. 11, 2012.
Unit Size
1,222 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$184
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1961

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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: 5 months ago (MLSPIN #71420677)

Price History

Date / Event Date Event Price
Oct 26, 2012 Sold
Premium
Sold
Aug 9, 2012 Listed by RE/MAX Prestige $224,900
Listed by RE/MAX Prestige

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 1,222
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,644
  • Total Building Area: 1,222
  • Gross Building Area: 3,110
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000726
  • 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: 314200

Zoning

  • Zoning: R3

Geography

  • Account Number: 799726
  • District: 79
  • Parcel: DRAC M:62 L:6
  • Lot: 6
  • Municipality: DRACUT
  • Latitude: 42.6649
  • Longitude: -71.3262

    Address

  • Full Address: 50 School St
  • Address - House Number: 50
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C014
  • 4-Digit Zip Code: 4618
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $503,600

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 490,126
  • High Value: 580,954
  • Low Value: 399,299

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $481,900
  • Assessed Land Value: $210,100
  • Assessed Improvements Value: $271,800

    Sales

  • Current Sale Recording Date: Oct 26, 2012
  • Current Sale Price:
    Premium
  • Current 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

2678 ft²

Average Home Age

65.6 years

Currently For Sale

3205 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: 5 months ago
Data Source: MLS PIN, MLS# 71420677

Frequently Asked Questions

When was property at 50 School Street built and last sold?
The property at 50 School Street was built in 1961 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 50 School Street is $243,656.
What are some comparable homes to 50 School Street?
There are currently no comparable homes to 50 School Street.
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