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Middlesex
86 Cheever Ave
$339,900
● House - Off Market

86 Cheever Ave

Dracut, MA 01826
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$450,536
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

East Dracut Location...Location...Location...The FALL Market is here and an exciting opportunity awaits you in this "original owner" property. Features a pleasing Open Concept layout with Vintage Charm, 2 bedrooms, Brick Fireplace, Central A/C, Gas Heating, Full Basement, 2 Car Garage and more. Situated on a fenced-in, tree buffered lot offers the feeling of seclusion yet a short drive to shopping, restaurants and commuter routes. Sure, there's some TLC needed... But this home is the Perfect Palette to make your 2020 Home-Ownership Dream come true! Schedule your appointment soon.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$337
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1972

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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 years ago (MLSPIN #72719740)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Sep 1, 2020 Listed by Bill Kafkas RE $339,900
Listed by Bill Kafkas RE

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 7
  • Basement Area: 1,104
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,929
  • Total Building Area: 1,008
  • Gross Building Area: 2,208
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000343
  • 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: R1

Geography

  • Account Number: 448413
  • District: 79
  • Parcel: DRAC M:52 L:109
  • Lot: 109
  • Municipality: DRACUT
  • Latitude: 42.6676
  • Longitude: -71.2952

    Address

  • Full Address: 86 Cheever Ave
  • Address - House Number: 86
  • Address - Street Name: Cheever
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C011
  • 4-Digit Zip Code: 5015
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $417,800

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 421,848
  • High Value: 502,511
  • Low Value: 341,185

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $399,800
  • Assessed Land Value: $189,600
  • Assessed Improvements Value: $210,200

    Sales

  • Current Sale Contract Date: Nov 03, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 59957
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

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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 years ago
Data Source: MLS PIN, MLS# 72719740

Frequently Asked Questions

When was property at 86 Cheever Avenue built and last sold?
The property at 86 Cheever Avenue was built in 1972 and last sold on Nov 3, 2020 for $339,900.
How much is this home worth?
The estimated value of the home located at 86 Cheever Avenue is $0.
What are some comparable homes to 86 Cheever Avenue?
There are currently no comparable homes to 86 Cheever Avenue.
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