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Middlesex
59 Pine Tree Lane
$472,000
● House - Off Market

59 Pine Tree Lane

Dracut, MA 01854
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,736 Ft²
$762,807
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Pride of Ownership throughout in this stunning Colonial in East Dracut on a cul-de-sac.  Beautifully landscaped lot with irrigation system, leads you to the Farmers Porch where you can sit and relax.  Kitchen has lots of cabinets, recessed lights and granite counter tops, appliances include stove, microwave, dishwasher and refrigerator.  Off the kitchen is an addition, sun room with cathedral ceiling.  Living room has a brick fireplace.  Dining room for all your gatherings.  The stairs and hall leading to the four bedrooms are hardwood, master has a master bath, walk up attic off the 4th bedroom finished for your enjoyment.  Also has part of the attic that is unfinished for storage.  Two car garage under and plenty of off street parking.  Don't Delay, make this your home today!
Unit Size
2,736 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$175
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72191365)

Price History

Date / Event Date Event Price
Jun 12, 2020 Sold
Premium
Sold
Apr 15, 2020 Listed by LAER Realty Partners $539,900
Listed by LAER Realty Partners
Oct 13, 2017 Sold
Premium
Sold
Jun 30, 2017 Listed by LAER Realty Partners $479,900
Listed by LAER Realty Partners

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 468
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,716
  • Total Building Area: 2,274
  • Gross Building Area: 4,920
  • Building Area: 2,274
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,274
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001004
  • 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

  • District: 79
  • Parcel: DRAC M:4 B:21 L:1
  • Block: 21
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.7158
  • Longitude: -71.2526

    Address

  • Full Address: 59 Pinetree Ln
  • Address - House Number: 59
  • Address - Street Name: Pinetree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1666
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,400

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 747,138
  • High Value: 881,579
  • Low Value: 612,697

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,100
  • Assessed Land Value: $244,300
  • Assessed Improvements Value: $384,800

    Sales

  • Current Sale Contract Date: Jun 05, 2020
  • Current Sale Recording Date: Jun 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25764
  • Previous Sale Recording Date: Oct 13, 2017
  • Previous Sale Amount: $472,000
  • 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:

$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

Unit for rent at 4 Arbor, Pelham, 03076

$3,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,772 ft²
4 Arbor, Pelham, 03076 Listing by DawnMarie McCarthy

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72191365

Frequently Asked Questions

When was property at 59 Pine Tree Lane built and last sold?
The property at 59 Pine Tree Lane was built in 1989 and last sold on Jun 5, 2020 for $539,900.
How much is this home worth?
The estimated value of the home located at 59 Pine Tree Lane is $576,053.
What are some comparable homes to 59 Pine Tree Lane?
There are currently no comparable homes to 59 Pine Tree Lane.
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