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Middlesex
54 Shore Drive
Photo of 54 Shore Drive
Sold on Jul 7, 2008

1

Map

$220,000
● House - Off Market

54 Shore Drive

Dracut, MA 01826
bedrooms
2 Beds
bathrooms
1 Bath
square feet
836 Ft²
$434,764
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

DOCK YOUR BOAT OUTSIDE YOUR BACK DOOR!  If you want to live on the waterfront this is the place for you.  This cozy year round cottage is in tip top shape.  Roof & deck are 1 yr old, new windows throughout, pine flooring, wood stove, great view.
Unit Size
836 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$275
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1933

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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 #70731177)

Price History

Date / Event Date Event Price
Jul 7, 2008 Sold
Premium
Sold
Mar 24, 2008 Listed $229,900
Listed
Dec 6, 2006 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 821
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 644
  • Gross Building Area: 996
  • Building Area: 644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 644
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 319314
  • District: 79
  • Parcel: DRAC M:14 L:39
  • Lot: 39
  • Municipality: DRACUT
  • Latitude: 42.6891
  • Longitude: -71.37

    Address

  • Full Address: 54 Shore Dr
  • Address - House Number: 54
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Dracut
  • Carrier Code: C003
  • 4-Digit Zip Code: 2030
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $378,700

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 436,033
  • High Value: 512,323
  • Low Value: 359,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $362,400
  • Assessed Land Value: $245,100
  • Assessed Improvements Value: $117,300

    Sales

  • Current Sale Recording Date: Jul 07, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00031363
  • Previous Sale Recording Date: Dec 06, 2006
  • Previous Sale Amount: $300,000
  • 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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70731177

Frequently Asked Questions

When was property at 54 Shore Drive built and last sold?
The property at 54 Shore Drive was built in 1933 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 54 Shore Drive is $239,597.
What are some comparable homes to 54 Shore Drive?
There are currently no comparable homes to 54 Shore Drive.
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