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Middlesex
62 Lincoln Lane
$390,000
● House - Off Market

62 Lincoln Lane

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,018 Ft²
$613,667
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

First time ever on market! One owner, Light and bright multi-level home, situated on quiet cul de sac. Perfect location in desirable Dracut neighborhood! Easy access to highways, shopping and schools. Remodeled kitchen w/ all new appliances. Fireplaced Living Room w/ hardwood floors. Large family room off the back has cathedral ceilings, skylights, wood flooring, and exterior access to deck overlooking back yard. bamboo flooring in 1st floor bedrooms. Finished walkout lower level has tile flooring, half bath and laundry hookups. FHA gas heat. Solar panels on roof to give you control over energy costs and save on your monthly bill. Perfect family home in move-in condition.
Unit Size
2,018 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$198
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1972

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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: 6 months ago (MLSPIN #72277442)

Price History

Date / Event Date Event Price
Apr 20, 2018 Sold
Premium
Sold
Feb 3, 2018 Listed by Boutwell Real Estate $399,900
Listed by Boutwell Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 529
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,990
  • Total Building Area: 1,489
  • Gross Building Area: 2,284
  • Building Area: 1,489
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,489
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000413
  • 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: R2

Geography

  • Account Number: 718720
  • District: 79
  • Parcel: DRAC M:20 L:33
  • Lot: 33
  • Municipality: DRACUT
  • Latitude: 42.6897
  • Longitude: -71.3014

    Address

  • Full Address: 62 Lincoln Ln
  • Address - House Number: 62
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dracut
  • Carrier Code: R001
  • 4-Digit Zip Code: 2602
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $497,900

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 552,093
  • High Value: 654,405
  • Low Value: 449,782

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $476,500
  • Assessed Land Value: $213,100
  • Assessed Improvements Value: $263,400

    Sales

  • Current Sale Recording Date: Apr 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15641
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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

65 years

Currently For Sale

3009 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: 6 months ago
Data Source: MLS PIN, MLS# 72277442

Frequently Asked Questions

When was property at 62 Lincoln Lane built and last sold?
The property at 62 Lincoln Lane was built in 1972 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 62 Lincoln Lane is $427,716.
What are some comparable homes to 62 Lincoln Lane?
There are currently no comparable homes to 62 Lincoln Lane.
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