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Middlesex
816 Methuen St
$655,000
● House - Off Market

816 Methuen St

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,570 Ft²
$723,925
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Classic 4 bedroom 2.5 bath  2,570 sf colonial construction to be started.   Come customize your home! Builder is offering this house with plenty of time to choose your kitchen and bath cabinetry,  granite and tile flooring.   Floorplan boasts an oversized kitchen with sliding glass doors off the breakfast nook that open to a deck overlooking the back yard.   Fireplaced family room is open to the kitchen area allowing a great flow for entertaining.  Speaking of entertaining, you'll love the convenience of the dining room with hardwood floors.  Formal living room or den compliments the first floor plan.   Ample sized master suite with walk in closet and double sink bath make getting ready a breeze.   Please see the floorpans attached for further details.  Lets make your dream home come to life!
Unit Size
2,570 Ft²
Days on Market
-
Land Size
1.64 acres
Price per sqft
$274
Property Type
House
Property Taxes
$83,333
HOA Dues
-
Year Built
2021

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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: 5 months ago (MLSPIN #72894363)

Price History

Date / Event Date Event Price
Mar 23, 2022 Sold
Premium
Sold
Sep 14, 2021 Listed by Berkshire Hathaway HomeServices Verani Realty $703,000
Listed by Berkshire Hathaway HomeServices Verani Realty
Mar 19, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,369
  • Total Building Area: 2,794
  • Gross Building Area: 4,658
  • Building Area: 2,794
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,794
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001638
  • 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

Geography

  • Account Number: 54135
  • District: 79
  • Parcel: DRAC M:54 B:13 L:5
  • Block: 13
  • Lot: 5
  • Municipality: DRACUT
  • Latitude: 42.6616
  • Longitude: -71.2729

    Address

  • Full Address: 816 Methuen St
  • Address - House Number: 816
  • Address - Street Name: Methuen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Dracut
  • Carrier Code: C004
  • 4-Digit Zip Code: 5221
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $816,900

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 769,088
  • High Value: 888,469
  • Low Value: 649,708

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $781,700
  • Assessed Land Value: $219,100
  • Assessed Improvements Value: $562,600

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12687
  • Previous Sale Recording Date: Mar 19, 2020
  • Previous Sale Contract Date: Mar 19, 2020
  • Previous Sale Amount: $125,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2709 ft²

Average Home Age

65.2 years

Currently For Sale

3095 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72894363

Frequently Asked Questions

When was property at 816 Methuen Street built and last sold?
The property at 816 Methuen Street was built in 2021 and last sold on Mar 22, 2022 for $655,000.
How much is this home worth?
The estimated value of the home located at 816 Methuen Street is $728,239.
What are some comparable homes to 816 Methuen Street?
There are currently no comparable homes to 816 Methuen Street.
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