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Middlesex
55 Elm St.
$560,000
● House - Off Market

55 Elm St.

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,912 Ft²
$505,695
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Well maintained, large four-bedroom, 2 bathroom in a desirable Dracut location with a 1 car (detached) garage and a 4 car driveway. You will love the flow of the open concept first level, consisting of a large eat in kitchen, walk in pantry, dining area, living room/ family room, a full bathroom and bonus room currently used as an office that connects to a breezeway. On the upper level, you will find 4 generously sized bedrooms and another full bathroom. Beautiful hardwood flooring throughout common areas and bedrooms(1 bedroom has carpet with maple hardwood under), tastefully selected ceramic tile in the bathrooms and fresh paint. This Large, fenced in , level corner lot is perfect for those that have four legged family members, love to entertain , garden, ect. Close to shopping, dining and schools.
Unit Size
1,912 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$261
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1934

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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 #72969672)

Price History

Date / Event Date Event Price
Jun 15, 2022 Sold
Premium
Sold
Apr 21, 2022 Listed by LAER Realty Partners $499,900
Listed by LAER Realty Partners
Sep 28, 2006 Sold
Premium
Sold
Jul 27, 2006 Listed by LAER Realty Partners $289,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 992
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,200
  • Total Building Area: 1,912
  • Gross Building Area: 3,338
  • Building Area: 1,912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000372
  • 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: 840908
  • District: 79
  • Parcel: DRAC M:33 L:179
  • Lot: 179
  • Municipality: DRACUT
  • Latitude: 42.679
  • Longitude: -71.3465

    Address

  • Full Address: 55 Elm St
  • Address - House Number: 55
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C015
  • 4-Digit Zip Code: 3308
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $465,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2185
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 614,620
  • High Value: 748,933
  • Low Value: 480,308

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,400
  • Assessed Land Value: $191,300
  • Assessed Improvements Value: $254,100

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25662
  • Previous Sale Recording Date: Sep 28, 2006
  • Previous Sale Amount: $285,400
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2681 ft²

Average Home Age

62.4 years

Currently For Sale

3251 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# 72969672

Frequently Asked Questions

When was property at 55 Elm Street built and last sold?
The property at 55 Elm Street was built in 1934 and last sold on Jun 15, 2022 for $560,000.
How much is this home worth?
The estimated value of the home located at 55 Elm Street is $517,307.
What are some comparable homes to 55 Elm Street?
There are currently no comparable homes to 55 Elm Street.
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