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Middlesex
77 Varnum Rd
$513,200
● House - Off Market

77 Varnum Rd

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,932 Ft²
$523,085
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Situated on an up-and-large corner lot, this  well maintained raised ranch home offers three bedrooms,  two full baths, open concept floor plan with hardwood floors throughout. Kitchen with granite counter tops, stainless appliances(brand new stove). Living room with large picturesque window, dining room through the sliding door on to large deck. Three bedrooms and spacious bathroom finish off the main level. The lower level offers family room, 2nd full bathroom, laundry and attached two cars garages. Solar system on the front top roof makes electricity bill much smaller.  Fenced back yard, nothing to do just move-in to enjoy and relax.
Unit Size
1,932 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$259
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1980

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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 #73027710)

Price History

Date / Event Date Event Price
Oct 18, 2022 Sold
Premium
Sold
Aug 20, 2022 Listed by Coldwell Banker Realty - Andover $499,900
Listed by Coldwell Banker Realty - Andover
Jul 29, 2022 Sold
Premium
Sold
Jan 22, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: 19
  • 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: 9
  • Basement Area: 504
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,148
  • Total Building Area: 1,132
  • Gross Building Area: 2,426
  • Building Area: 1,132
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,132
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000922
  • 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: 214705
  • District: 79
  • Parcel: DRAC M:24 B:233 L:12
  • Block: 233
  • Lot: 12
  • Municipality: DRACUT
  • Latitude: 42.6846
  • Longitude: -71.3592

    Address

  • Full Address: 77 Varnum Rd
  • Address - House Number: 77
  • Address - Street Name: Varnum
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: C002
  • 4-Digit Zip Code: 3043
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $552,900

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 538,979
  • High Value: 637,770
  • Low Value: 440,189

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,100
  • Assessed Land Value: $218,100
  • Assessed Improvements Value: $311,000

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Oct 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43228
  • Previous Sale Recording Date: Jul 29, 2022
  • Previous Sale Contract Date: Jul 28, 2022
  • Previous Sale Amount: $373,975
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73027710

Frequently Asked Questions

When was property at 77 Varnum Road built and last sold?
The property at 77 Varnum Road was built in 1980 and last sold on Oct 17, 2022 for $513,200.
How much is this home worth?
The estimated value of the home located at 77 Varnum Road is $526,425.
What are some comparable homes to 77 Varnum Road?
There are currently no comparable homes to 77 Varnum Road.
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