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Middlesex
70 Pine Tree Lane
$617,000
● House - Off Market

70 Pine Tree Lane

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,876 Ft²
$960,434
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

REDUCED $15,000 STILL TIME TO BE IN BEFORE THE SUMMER ENDS! WATERFRONT!! CUSTOM LINDAL CONTEMPORARY COMPLETELY CEDAR FRAMED ON 8.75 ACRES.POSITIONED ON THE POINT FOR MAXIMUM SOLAR HEAT. WATER VIEW FROM EVERY CORNER WITH 2 WALLS OF GLASS.CUSTOM STONE HEARTH MAKES THIS OPEN CONCEPT A FANTASY TO ENJOY.MASTER SUITE COMPLETE WITH SITTING ROOM, AND BATH. SOLARIUM DINING AREA LETS YOU ENJOY THE VIEW WITH THAT 1ST CUP OF COFFEE.LOWER LEVEL HAS INLAW POTENTIAL AND/OR GREAT ROOM WITH WOOD STOVE.500 SQ.FT.OF WRAP AROUND DECKING.FLOATING DOCK WITH PANARAMIC VIEW. OPEN HOUSE SATURDAY 11-1 JUNE 16TH
Unit Size
2,876 Ft²
Days on Market
-
Land Size
8.75 acres
Price per sqft
$221
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1996

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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 #72327330)

Price History

Date / Event Date Event Price
Aug 17, 2018 Sold
Premium
Sold
May 15, 2018 Listed by Coco, Early & Associates $634,900
Listed by Coco, Early & Associates
Nov 21, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 825
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 317,117
  • Total Building Area: 2,177
  • Gross Building Area: 4,520
  • Building Area: 2,177
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,177
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE HILL ACRES 02
  • Land Acres: 0000007280
  • 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: 314302

Zoning

  • Zoning: R1

Geography

  • District: 79
  • Parcel: DRAC M:4 B:21 L:3
  • Block: 21
  • Lot: 3
  • Municipality: DRACUT
  • Latitude: 42.7158
  • Longitude: -71.2563

    Address

  • Full Address: 70 Pinetree Ln
  • Address - House Number: 70
  • Address - Street Name: Pinetree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1671
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $794,300

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 896,708
  • High Value: 1,035,898
  • Low Value: 757,518

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $760,100
  • Assessed Land Value: $255,600
  • Assessed Improvements Value: $504,500

    Sales

  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35829
  • Previous Sale Recording Date: Nov 21, 2011
  • Previous Sale Amount: $340,000
  • 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:

$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

Unit for rent at 4 Arbor, Pelham, 03076

$3,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,772 ft²
4 Arbor, Pelham, 03076 Listing by DawnMarie McCarthy

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72327330

Frequently Asked Questions

When was property at 70 Pine Tree Lane built and last sold?
The property at 70 Pine Tree Lane was built in 1996 and last sold on Jan 1, 1970 for $617,000.
How much is this home worth?
The estimated value of the home located at 70 Pine Tree Lane is $674,156.
What are some comparable homes to 70 Pine Tree Lane?
There are currently no comparable homes to 70 Pine Tree Lane.
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