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Middlesex
63 Cranberry Rd
$630,000
● House - Off Market

63 Cranberry Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,632 Ft²
$3,416
Est. Monthly

About This Property

Welcome home to Dracut's Parker Village!!  63 Cranberry Road is set on a private, wooded, one plus acre lot.  This home features a large eat in kitchen, cozy front to back living room with fireplace. Bonus sunroom overlooking the private backyard!  Upgrades include but are not limited to, fresh paint,  vinyl plank flooring and modern recess lighting throughout.  Partially finished basement and so much more.  Don't miss out on the opportunity to own in one of Dracut's most desirable neighborhoods.  Open house Saturday, January 6 from 12-1:30.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$368
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1980

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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 #73191101)

Price History

Date / Event Date Event Price
Jan 26, 2024 Sold
Premium
Sold
Jan 8, 2024 In contract -
In contract
Jan 5, 2024 Listed by LAER Realty Partners $599,900
Listed by LAER Realty Partners
Nov 21, 2022 Sold
Premium
Sold
Oct 27, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 1,632
  • Gross Building Area: 2,658
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001090
  • 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: R1

Geography

  • Account Number: 850508
  • District: 79
  • Parcel: DRAC M:54 L:122
  • Lot: 122
  • Municipality: DRACUT
  • Latitude: 42.6718
  • Longitude: -71.2788

    Address

  • Full Address: 63 Cranberry Rd
  • Address - House Number: 63
  • Address - Street Name: Cranberry
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R004
  • 4-Digit Zip Code: 4103
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $583,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 624,710
  • High Value: 673,057
  • Low Value: 576,363

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $558,000
  • Assessed Land Value: $244,100
  • Assessed Improvements Value: $313,900

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Jan 26, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2120
  • Previous Sale Recording Date: Nov 21, 2022
  • Previous Sale Contract Date: Nov 21, 2022
  • Previous Sale Amount: $495,000
  • 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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73191101

Frequently Asked Questions

When was property at 63 Cranberry Road built and last sold?
The property at 63 Cranberry Road was built in 1980 and last sold on Jan 26, 2024 for $630,000.
How much is this home worth?
The estimated value of the home located at 63 Cranberry Road is $607,714.
What are some comparable homes to 63 Cranberry Road?
There are currently no comparable homes to 63 Cranberry Road.
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