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Middlesex
60 Loon Hill Road
$296,000
● House - Off Market

60 Loon Hill Road

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,327 Ft²
$452,765
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Come View this Charming Three Bedroom 1 full bath home that is situated on an acre of land that also includes a detached two car garage with work area. The interior of this home has ample space that if you are in market for a first floor bedroom or home office this floor plan can easily be converted to accommodate a number of needs.. Along with having a spacious first floor layout there is also an eat in kitchen along with a formal dining with built ins. Tons of Character and Potential in this home!  Property is conveniently located close to Post office, restaurants, Veterans Park,  Medical facilities and quick access to Rt 93.. Come Take a look today!!
Unit Size
1,327 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$226
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1900

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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 months ago (MLSPIN #72436196)

Price History

Date / Event Date Event Price
Feb 28, 2019 Sold
Premium
Sold
Jan 2, 2019 Listed by RE/MAX Insight $299,900
Listed by RE/MAX Insight

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 787
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,327
  • Gross Building Area: 2,594
  • Building Area: 1,327
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,327
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 314301

Zoning

  • Zoning: B3

Geography

  • Account Number: 107031
  • District: 79
  • Parcel: DRAC M:51 L:75
  • Lot: 75
  • Municipality: DRACUT
  • Latitude: 42.6721
  • Longitude: -71.2925

    Address

  • Full Address: 60 Loon Hill Rd
  • Address - House Number: 60
  • Address - Street Name: Loon Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R004
  • 4-Digit Zip Code: 4031
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $446,300

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 477,868
  • High Value: 556,488
  • Low Value: 399,248

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $427,100
  • Assessed Land Value: $210,200
  • Assessed Improvements Value: $216,900

    Sales

  • Current Sale Contract Date: Feb 28, 2019
  • Current Sale Recording Date: Feb 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7317
  • Previous Sale Recording Date: Dec 27, 2017
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 72436196

Frequently Asked Questions

When was property at 60 Loon Hill Road built and last sold?
The property at 60 Loon Hill Road was built in 1900 and last sold on Feb 28, 2019 for $296,000.
How much is this home worth?
The estimated value of the home located at 60 Loon Hill Road is $318,487.
What are some comparable homes to 60 Loon Hill Road?
There are currently no comparable homes to 60 Loon Hill Road.
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