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Middlesex
56 Long Dr
$458,000
● House - Off Market

56 Long Dr

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,408 Ft²
$479,369
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Welcome Home! Beautiful Spilt Entry Colonial boasts with pride of ownership throughout.  The light and bright main level features a spacious living room and eat-in kitchen both with gleaming ceramic tile floors and recessed lighting.  You'll fall in love with the cabinet packed kitchen with granite countertops and backsplash, stainless steel appliances and slider leading to the 10x10 deck.  On the second level you will find the master bedroom with cathedral ceiling and double closets, 2 additional bedrooms and a full bath. Laundry area in lower level with storage and a one car garage. Recent updates include the furnace and hot water tank.  A garden enthusiast backyard with red and white grape vines, fig and plum trees and a vegetable area.
Unit Size
1,408 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$305
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1994

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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 years ago (MLSPIN #72905049)

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed by Kody & Company, Inc. $429,900
Listed by Kody & Company, Inc.
May 9, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 400
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,503
  • Total Building Area: 1,408
  • Gross Building Area: 2,187
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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

  • District: 79
  • Parcel: DRAC M:24 B:24 L:3
  • Block: 24
  • Lot: 3
  • Municipality: DRACUT
  • Latitude: 42.6849
  • Longitude: -71.3651

    Address

  • Full Address: 56 Long Dr
  • Address - House Number: 56
  • Address - Street Name: Long
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Dracut
  • Carrier Code: C002
  • 4-Digit Zip Code: 2049
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $429,800

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 516,468
  • High Value: 641,057
  • Low Value: 391,878

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $411,300
  • Assessed Land Value: $157,100
  • Assessed Improvements Value: $254,200

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68270
  • Previous Sale Recording Date: May 09, 1994
  • Previous Sale Amount: $119,400
  • 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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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 years ago
Data Source: MLS PIN, MLS# 72905049

Frequently Asked Questions

When was property at 56 Long Drive built and last sold?
The property at 56 Long Drive was built in 1994 and last sold on Nov 23, 2021 for $458,000.
How much is this home worth?
The estimated value of the home located at 56 Long Drive is $448,109.
What are some comparable homes to 56 Long Drive?
There are currently no comparable homes to 56 Long Drive.
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