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Middlesex
69 Martin Terrace
$279,900
● House - Off Market

69 Martin Terrace

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,264 Ft²
$456,369
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Conveniently located four bedroom cape style home in desirable neighborhood set on over 10,000 sq ft of land.  Home is located close to schools and busline!  Three season room off back opens to spacious kitchen. Living room with hardwood flooring in front of home with lots of light.  Flexible floor plan offering two bedrooms on first floor and two bedrooms on second floor or 1st floor office/dining room with lots of storage and character.  Per owner several updates done with approximate time frames:  Roof 2009, windows 2000-2001, bathroom some updates about 4 yrs ago, kitchen had some updates in 2016, heating system and hot water tank replaced in 2016. Unfinished lower level waiting for a future bonus room to be finished! Great opportunity to own with low interest rates in Dracut for under $300,000.
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$221
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1960

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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: 5 months ago (MLSPIN #72121478)

Price History

Date / Event Date Event Price
Apr 4, 2017 Sold
Premium
Sold
Feb 22, 2017 Listed by Keller Williams Realty $279,900
Listed by Keller Williams Realty
Nov 18, 2005 Sold
Premium
Sold
Sep 2, 2005 Listed by Keller Williams Realty $299,900
Listed by Keller Williams Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,350
  • Total Building Area: 1,264
  • Gross Building Area: 3,032
  • Building Area: 1,264
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,264
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • 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: 379107
  • District: 79
  • Parcel: DRAC M:33 L:24
  • Lot: 24
  • Municipality: DRACUT
  • Latitude: 42.6801
  • Longitude: -71.341

    Address

  • Full Address: 69 Martin Ter
  • Address - House Number: 69
  • Address - Street Name: Martin
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Dracut
  • Carrier Code: C007
  • 4-Digit Zip Code: 2425
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $465,900

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 486,862
  • High Value: 579,957
  • Low Value: 393,768

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,800
  • Assessed Land Value: $183,500
  • Assessed Improvements Value: $262,300

    Sales

  • Current Sale Recording Date: Apr 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13534
  • Previous Sale Recording Date: Nov 18, 2005
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 27
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2676 ft²

Average Home Age

65.4 years

Currently For Sale

3300 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: 5 months ago
Data Source: MLS PIN, MLS# 72121478

Frequently Asked Questions

When was property at 69 Martin Terrace built and last sold?
The property at 69 Martin Terrace was built in 1960 and last sold on Jan 1, 1970 for $279,900.
How much is this home worth?
The estimated value of the home located at 69 Martin Terrace is $297,079.
What are some comparable homes to 69 Martin Terrace?
There are currently no comparable homes to 69 Martin Terrace.
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