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Middlesex
51 Elsmere Terrace
$330,000
● House - Off Market

51 Elsmere Terrace

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$580,351
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

New, New New!!! This beautifully renovated home is ready for immediate occupancy. Beautiful view of the Merrimack River right from your kitchen.  Located in a quiet desirable neighborhood, the home has been meticulously transformed back to magnificence. Almost everything in this home is new.  Features include new kitchen with granite countertop and mosaic tile backsplash, stainless steel appliances, new Victorian Ivory cabinets, BRAND NEW bonus room off the kitchen with cathedral ceilings surrounded by windows overlooking the river, new energy efficient windows, updated electrical, new lighting fixtures, entirely new bathroom, new hot water, new granite steps and professionally landscaped and much, much more. Really need to preview this great home to truly appreciate it.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$206
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1954

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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 #71940649)

Price History

Date / Event Date Event Price
Feb 4, 2016 Sold
Premium
Sold
Dec 11, 2015 Listed by RE/MAX Insight $329,900
Listed by RE/MAX Insight
Aug 25, 2015 Sold
Premium
Sold
May 8, 2015 Listed by RE/MAX Insight $139,900
Listed by RE/MAX Insight

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,156
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,135
  • Total Building Area: 1,378
  • Gross Building Area: 2,603
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • 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: B3

Geography

  • Account Number: 742034
  • District: 79
  • Parcel: DRAC M:71 L:72
  • Lot: 72
  • Municipality: DRACUT
  • Latitude: 42.6556
  • Longitude: -71.2811

    Address

  • Full Address: 51 Elsmere Ter
  • Address - House Number: 51
  • Address - Street Name: Elsmere
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Dracut
  • Carrier Code: C004
  • 4-Digit Zip Code: 5743
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $546,800

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 576,766
  • High Value: 673,455
  • Low Value: 480,076

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $523,300
  • Assessed Land Value: $210,300
  • Assessed Improvements Value: $313,000

    Sales

  • Current Sale Recording Date: Feb 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5091
  • Previous Sale Recording Date: Aug 25, 2015
  • Previous Sale Amount: $170,000
  • Previous 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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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# 71940649

Frequently Asked Questions

When was property at 51 Elsmere Terrace built and last sold?
The property at 51 Elsmere Terrace was built in 1954 and last sold on Jan 1, 1970 for $330,000.
How much is this home worth?
The estimated value of the home located at 51 Elsmere Terrace is $351,179.
What are some comparable homes to 51 Elsmere Terrace?
There are currently no comparable homes to 51 Elsmere Terrace.
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