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Middlesex
57 Stephen Ave
$590,000
● House - Off Market

57 Stephen Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,668 Ft²
$566,807
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This inviting home is perfect for anyone looking for modern and comfortable living. It features a natural color palette and fresh interior paint, as well as partial flooring replacement in some areas. The kitchen is equipped with a center island and a nice backsplash. Other rooms provide flexible living space and the primary bathroom offers a separate tub and shower, as well as good under sink storage. Outside, there is a fenced-in backyard with a sitting area, perfect for relaxing and enjoying the outdoors. A fireplace is also included in the living room. This home has something for everyone! Don't miss out on this great opportunity to own your dream home.
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$342
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1959

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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 #73124304)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jun 16, 2023 In contract -
In contract
Jun 13, 2023 Listed by OpenDoor Brokerage LLC $570,000
Listed by OpenDoor Brokerage LLC
Apr 10, 2023 Sold
Premium
Sold
Mar 9, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,422
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,000
  • Total Building Area: 1,668
  • Gross Building Area: 3,814
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: 314200

Zoning

  • Zoning: R1

Geography

  • Account Number: 669533
  • District: 79
  • Parcel: DRAC M:18 L:68
  • Lot: 68
  • Municipality: DRACUT
  • Latitude: 42.688
  • Longitude: -71.3267

    Address

  • Full Address: 57 Stephen Ave
  • Address - House Number: 57
  • Address - Street Name: Stephen
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: R001
  • 4-Digit Zip Code: 1332
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $490,800

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 556,286
  • High Value: 659,374
  • Low Value: 453,198

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $469,700
  • Assessed Land Value: $184,300
  • Assessed Improvements Value: $285,400

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 320842
  • Previous Sale Recording Date: Apr 10, 2023
  • Previous Sale Contract Date: Apr 04, 2023
  • Previous Sale Amount: $476,200
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73124304

Frequently Asked Questions

When was property at 57 Stephen Avenue built and last sold?
The property at 57 Stephen Avenue was built in 1959 and last sold on Aug 14, 2023 for $590,000.
How much is this home worth?
The estimated value of the home located at 57 Stephen Avenue is $572,713.
What are some comparable homes to 57 Stephen Avenue?
There are currently no comparable homes to 57 Stephen Avenue.
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