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Middlesex
85 Flower Lane
$429,900
● House - Off Market

85 Flower Lane

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$406,867
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

BOM DUE TO BUYER'S FINANCING FALLING THROUGH.  Welcome home! Come and see this lovely Ranch style home sitting on a large, level lot all located in one of Dracut's most desirable neighborhoods. This home boasts 3 bedrooms, 1 full bath and tons of hardwood flooring. The basement is partially finished with a brand new french drain system with a transferrable warranty. Other recent upgrades to this home are heating system, central air, roof and siding. This home has so much potential.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$267
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1961

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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 #73082926)

Price History

Date / Event Date Event Price
Apr 24, 2023 Sold
Premium
Sold
Apr 7, 2023 In contract -
In contract
Apr 5, 2023 Relisted $399,900
Relisted
Mar 3, 2023 In contract -
In contract
Mar 1, 2023 Listed by Dick Lepine Real Estate,Inc. $399,900
Listed by Dick Lepine Real Estate,Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,244
  • Total Building Area: 960
  • Gross Building Area: 2,144
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000465
  • 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: R3

Geography

  • Account Number: 609801
  • District: 79
  • Parcel: DRAC M:44 L:145
  • Lot: 145
  • Municipality: DRACUT
  • Latitude: 42.6704
  • Longitude: -71.3361

    Address

  • Full Address: 85 Flower Ln
  • Address - House Number: 85
  • Address - Street Name: Flower
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Dracut
  • Carrier Code: C014
  • 4-Digit Zip Code: 4603
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $406,900

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 438,719
  • High Value: 516,798
  • Low Value: 360,639

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $389,400
  • Assessed Land Value: $196,700
  • Assessed Improvements Value: $192,700

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: Apr 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11106
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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 4 months ago
Data Source: MLS PIN, MLS# 73082926

Frequently Asked Questions

When was property at 85 Flower Lane built and last sold?
The property at 85 Flower Lane was built in 1961 and last sold on Apr 24, 2023 for $429,900.
How much is this home worth?
The estimated value of the home located at 85 Flower Lane is $421,184.
What are some comparable homes to 85 Flower Lane?
There are currently no comparable homes to 85 Flower Lane.
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