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Middlesex
61 Sunset Rd
$277,000
● House - Off Market

61 Sunset Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,584 Ft²
$444,904
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Excellent opportunity awaits you in this "move-in-ready" 3 bedroom Ranch style home. Situated in one of Dracut's sought after neighborhoods, with proximity to area conveniences, major routes, UMASS, and NH shopping. This property features a traditional floor plan with the benefit of a breezy 3 season enclosed porch and a cozy finished basement. Nice back yard too...offering the perfect spot for a swing-set, pool, chiminea, BBQ, or more. If you're dreaming of "hosting the holidays", there's still some time for you... So schedule your appointment right away.
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$177
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1961

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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 #72225384)

Price History

Date / Event Date Event Price
Oct 31, 2017 Sold
Premium
Sold
Sep 7, 2017 Listed by RE/MAX Insight $279,900
Listed by RE/MAX Insight

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,395
  • Total Building Area: 960
  • Gross Building Area: 2,167
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • 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: 314102

Zoning

  • Zoning: R1

Geography

  • Account Number: 716924
  • District: 79
  • Parcel: DRAC M:33 L:55
  • Lot: 55
  • Municipality: DRACUT
  • Latitude: 42.6814
  • Longitude: -71.3408

    Address

  • Full Address: 61 Sunset Rd
  • Address - House Number: 61
  • Address - Street Name: Sunset
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C007
  • 4-Digit Zip Code: 2439
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $420,400

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 433,867
  • High Value: 516,828
  • Low Value: 350,906

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $402,300
  • Assessed Land Value: $183,500
  • Assessed Improvements Value: $218,800

    Sales

  • Current Sale Recording Date: Oct 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 48871
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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 4 months ago
Data Source: MLS PIN, MLS# 72225384

Frequently Asked Questions

When was property at 61 Sunset Road built and last sold?
The property at 61 Sunset Road was built in 1961 and last sold on Jan 1, 1970 for $277,000.
How much is this home worth?
The estimated value of the home located at 61 Sunset Road is $305,414.
What are some comparable homes to 61 Sunset Road?
There are currently no comparable homes to 61 Sunset Road.
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