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Middlesex
68 Florence Street
$355,000
● House - Off Market

68 Florence Street

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,327 Ft²
$498,168
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

This quality home in a nice neighborhood, with 3 Bedrooms and 2 Full Baths, has been lovingly maintained and upgraded by the present owners for over 50 years!  A new Roof was installed in September 2018 and additional upgrades include, but are not limited to:  Newer cabinets in the Eat-In-Kitchen that have LOTS of storage, including a pantry with pull-out shelves -  Vinyl tilt-out windows - Ceiling fans/lights in each room - Central Vac System - Hard wired smoke & CO2 detectors throughout - 200 amp Electrical Service - Wood Stove in Family Room - Walk-out basement - Storage Shed - Additional Storage under Porch - Corner Lot with a Perennial Garden - and more!  Home is pre-wired for a Generator.   Come and see for yourself - Welcome Home.
Unit Size
1,327 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$256
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1950

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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 #72543852)

Price History

Date / Event Date Event Price
Sep 27, 2019 Sold
Premium
Sold
Aug 2, 2019 Listed by Sterling Stone R. E., Inc. $339,900
Listed by Sterling Stone R. E., Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1,014
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,660
  • Total Building Area: 1,175
  • Gross Building Area: 2,960
  • Building Area: 1,175
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,175
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • 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: 314101

Zoning

  • Zoning: R1

Geography

  • Account Number: 727030
  • District: 79
  • Parcel: DRAC M:24 L:194
  • Lot: 194
  • Municipality: DRACUT
  • Latitude: 42.6829
  • Longitude: -71.3605

    Address

  • Full Address: 68 Florence St
  • Address - House Number: 68
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C012
  • 4-Digit Zip Code: 3002
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $416,300

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 460,364
  • High Value: 536,104
  • Low Value: 384,624

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,400
  • Assessed Land Value: $183,900
  • Assessed Improvements Value: $214,500

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41885
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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# 72543852

Frequently Asked Questions

When was property at 68 Florence Street built and last sold?
The property at 68 Florence Street was built in 1950 and last sold on Sep 27, 2019 for $355,000.
How much is this home worth?
The estimated value of the home located at 68 Florence Street is $357,941.
What are some comparable homes to 68 Florence Street?
There are currently no comparable homes to 68 Florence Street.
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