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Middlesex
6 Rachel Road
$345,000
● House - Off Market

6 Rachel Road

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,573 Ft²
$553,719
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Move right in!  This 3 bedroom, 1 1/2 bath home boasts an open concept living room, dining room and kitchen. There is a 3-season sun room conveniently located off the dining room. The large, newly remodeled family room features a gas fireplace for enjoyment and comfort.  There is also central air-conditioning, granite counters in the kitchen, new roof (2014), new driveway and patio area and newer windows.  The one car garage and large storage shed are great pluses and the yard has lots of blooming perennial shrubs and flowers providing beauty throughout the yard all spring and summer. Conveniently located near Rt. 93.
Unit Size
1,573 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$219
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1974

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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 #72163292)

Price History

Date / Event Date Event Price
Jun 30, 2017 Sold
Premium
Sold
May 12, 2017 Listed by Kevorkian Real Estate, LLC $344,900
Listed by Kevorkian Real Estate, LLC
Oct 11, 2013 Sold
Premium
Sold
Jul 15, 2013 Listed by Kevorkian Real Estate, LLC $319,900
Listed by Kevorkian Real Estate, LLC
Mar 24, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 792
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,152
  • Total Building Area: 1,132
  • Gross Building Area: 2,332
  • Building Area: 1,132
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,132
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000348
  • 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

  • Account Number: 480217
  • District: 79
  • Parcel: DRAC M:22 L:70
  • Lot: 70
  • Municipality: DRACUT
  • Latitude: 42.6931
  • Longitude: -71.2454

    Address

  • Full Address: 6 Rachel Rd
  • Address - House Number: 6
  • Address - Street Name: Rachel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R002
  • 4-Digit Zip Code: 4218
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $533,500

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 598,385
  • High Value: 698,698
  • Low Value: 498,071

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,500
  • Assessed Land Value: $208,900
  • Assessed Improvements Value: $301,600

    Sales

  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27843
  • Previous Sale Recording Date: Oct 11, 2013
  • Previous Sale Amount: $310,000
  • 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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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# 72163292

Frequently Asked Questions

When was property at 6 Rachel Road built and last sold?
The property at 6 Rachel Road was built in 1974 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 6 Rachel Road is $366,285.
What are some comparable homes to 6 Rachel Road?
There are currently no comparable homes to 6 Rachel Road.
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