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Middlesex
65 Old Meadow Rd
$275,000
● House - Off Market

65 Old Meadow Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,152 Ft²
$278,667
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Fantastic Location with Tons of Potential! 0.9 Miles from UMASS Lowell North Campus! Easy Access to the Lowell Connector & 1-495. This Corner Lot Home Contains Four Bedrooms with Hardwood Flooring, 1 Full Bathroom, and 1 .5 bathroom. It is Perfect for Entertaining, with a Large Kitchen and Open Concept Family/Living Rooms. There is Lots of Privacy on the Wrap Around Deck that Overlooks the Fenced Backyard and a Paved Driveway. Spacious Full Basement and Outdoor Shed Provide Extra Storage. The Steam Heating system is not functional. CASH, 203K or Construction loan unless buyers are willing to install heating system prior to closing.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$239
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1930

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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 #72924937)

Price History

Date / Event Date Event Price
Dec 30, 2022 Sold
Premium
Sold
Apr 14, 2022 Sold
Premium
Sold
Dec 2, 2021 Listed by RE/MAX Innovative Properties $274,900
Listed by RE/MAX Innovative Properties
May 28, 1993 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 1
  • 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: 648
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,044
  • Total Building Area: 1,152
  • Gross Building Area: 2,418
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: R3

Geography

  • Account Number: 98008
  • District: 79
  • Parcel: DRAC M:59 L:81
  • Lot: 81
  • Municipality: DRACUT
  • Latitude: 42.662
  • Longitude: -71.3331

    Address

  • Full Address: 65 Old Meadow Rd
  • Address - House Number: 65
  • Address - Street Name: Old Meadow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C014
  • 4-Digit Zip Code: 5512
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $372,600

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 412,101
  • High Value: 479,901
  • Low Value: 344,301

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $356,600
  • Assessed Land Value: $183,100
  • Assessed Improvements Value: $173,500

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52487
  • Previous Sale Recording Date: Apr 14, 2022
  • Previous Sale Contract Date: Apr 11, 2022
  • Previous Sale Amount: $275,000
  • 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:

$815,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2690 ft²

Average Home Age

64.9 years

Currently For Sale

3210 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# 72924937

Frequently Asked Questions

When was property at 65 Old Meadow Road built and last sold?
The property at 65 Old Meadow Road was built in 1930 and last sold on Dec 30, 2022 for $535,000.
How much is this home worth?
The estimated value of the home located at 65 Old Meadow Road is $289,780.
What are some comparable homes to 65 Old Meadow Road?
There are currently no comparable homes to 65 Old Meadow Road.
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