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Middlesex
7 Kettle Way
$515,000
● House - Off Market

7 Kettle Way

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,138 Ft²
$931,204
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Magnificient Colonial style home located in Meadow Creek Subdivision.  This home consists of 3 large bedrooms and 2.5 bathrooms.  Massive master bedroom with walk in closet and master bathroom.  Master bathroom has Jacuzzi tub, double sinks, separate shower, and ceramic tile flooring.  Loads of kitchen cabinets for storage, plus breakfast bar and island with granite countertops.  Slider to oversized deck overlooking the Boston skyline. Walk up attic for easy storage.  Front to back Finished family room in the basement and separate office.  Lower level walk out to patio and Jacuzzi. Large 31x16 unfinished area for storage or workshop.  Two car attached garage.  Generac Gas powered generator stays with the house.  Security cameras and alarm system.  Quick closing possible.  This is a great place to call home.
Unit Size
3,138 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$166
Property Type
House
Property Taxes
$507
HOA Dues
$400
Year Built
2004

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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 #71786440)

Price History

Date / Event Date Event Price
May 13, 2015 Sold
Premium
Sold
Jan 22, 2015 Listed by LAER Realty Partners $519,900
Listed by LAER Realty Partners
Jul 16, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,248
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,320
  • Total Building Area: 2,522
  • Gross Building Area: 6,673
  • Building Area: 2,522
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,522
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000466
  • 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

  • District: 79
  • Parcel: DRAC M:37 B:41 L:11
  • Block: 41
  • Lot: 11
  • Municipality: DRACUT
  • Latitude: 42.6825
  • Longitude: -71.2928

    Address

  • Full Address: 7 Kettle Way
  • Address - House Number: 7
  • Address - Street Name: Kettle
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Dracut
  • Carrier Code: R004
  • 4-Digit Zip Code: 2757
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $787,000

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 848,903
  • High Value: 980,673
  • Low Value: 717,134

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $753,100
  • Assessed Land Value: $226,300
  • Assessed Improvements Value: $526,800

    Sales

  • Current Sale Recording Date: May 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18717
  • Previous Sale Recording Date: Jul 16, 2004
  • Previous Sale Amount: $522,400
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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# 71786440

Frequently Asked Questions

When was property at 7 Kettle Way built and last sold?
The property at 7 Kettle Way was built in 2004 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 7 Kettle Way is $571,293.
What are some comparable homes to 7 Kettle Way?
There are currently no comparable homes to 7 Kettle Way.
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