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Middlesex
536 Wheeler Rd
$323,000
● House - Off Market

536 Wheeler Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$623,718
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

This is the opportunity to put some finishing touches to your new home!!   This custom built hip roof Colonial features a spacious eat-in kitchen, dining area, formal living room, and fireplace front to back family room.  The second level has a front to back MB and two additional bedrooms with plenty of closet space.   There are new windows, attached 2 car garage and wonderful corner lot.  This home is located on Wheeler Road with the front door on Paddock.  Close to major highways.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$178
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1987

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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 #71484537)

Price History

Date / Event Date Event Price
Jul 30, 2013 Sold
Premium
Sold
Feb 20, 2013 Listed by Coldwell Banker Residential Brokerage - Tewksbury $320,000
Listed by Coldwell Banker Residential Brokerage - Tewksbury

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 864
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,023
  • Total Building Area: 1,800
  • Gross Building Area: 3,388
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • 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

  • Account Number: 2A
  • District: 79
  • Parcel: DRAC M:22 B:33 L:2
  • Block: 33
  • Lot: 2
  • Municipality: DRACUT
  • Latitude: 42.6905
  • Longitude: -71.2541

    Address

  • Full Address: 536 Wheeler Rd
  • Address - House Number: 536
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R002
  • 4-Digit Zip Code: 4275
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $579,800

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 661,493
  • High Value: 772,387
  • Low Value: 550,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,800
  • Assessed Land Value: $218,000
  • Assessed Improvements Value: $336,800

    Sales

  • Current Sale Recording Date: Jul 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41671
  • Previous Sale Recording Date: Jul 30, 2013
  • Previous Sale Amount: $323,000
  • 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:

$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# 71484537

Frequently Asked Questions

When was property at 536 Wheeler Road built and last sold?
The property at 536 Wheeler Road was built in 1987 and last sold on Jan 1, 1970 for $323,000.
How much is this home worth?
The estimated value of the home located at 536 Wheeler Road is $348,846.
What are some comparable homes to 536 Wheeler Road?
There are currently no comparable homes to 536 Wheeler Road.
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