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Middlesex
87 Leo Ave
$330,000
● House - Off Market

87 Leo Ave

Dracut, MA 01826
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,716 Ft²
$483,042
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Check out this charming Ranch in a desirable neighborhood of Dracut!  3 bedrooms and 2 full bathrooms to make this home complete.  Basement is finished for extra living space with seperate laundry room as well.  Hardwood floors in living room and bedrooms.  Beautiful lot with big backyard for the summer cookouts , great for entertaining!  Large shed great for storage.  This home is a must see!  Showings begin Wednesday Oct. 23 at open house 530-730pm!  See you there!
Unit Size
1,716 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$192
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1960

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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 #72582934)

Price History

Date / Event Date Event Price
Nov 29, 2019 Sold
Premium
Sold
Oct 21, 2019 Listed by LAER Realty Partners $329,999
Listed by LAER Realty Partners
Mar 31, 2006 Sold
Premium
Sold
Jan 31, 2006 Listed by LAER Realty Partners $299,900
Listed by LAER Realty Partners
Dec 13, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,040
  • Gross Building Area: 1,878
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 99335
  • District: 79
  • Parcel: DRAC M:51 L:132
  • Lot: 132
  • Municipality: DRACUT
  • Latitude: 42.6698
  • Longitude: -71.289

    Address

  • Full Address: 87 Leo Ave
  • Address - House Number: 87
  • Address - Street Name: Leo
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Dracut
  • Carrier Code: C011
  • 4-Digit Zip Code: 4026
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $409,300

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 441,232
  • High Value: 522,998
  • Low Value: 359,465

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,700
  • Assessed Land Value: $177,200
  • Assessed Improvements Value: $214,500

    Sales

  • Current Sale Contract Date: Nov 29, 2019
  • Current Sale Recording Date: Nov 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53578
  • Previous Sale Recording Date: Mar 31, 2006
  • Previous Sale Amount: $304,000
  • 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

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: 4 months ago
Data Source: MLS PIN, MLS# 72582934

Frequently Asked Questions

When was property at 87 Leo Avenue built and last sold?
The property at 87 Leo Avenue was built in 1960 and last sold on Nov 29, 2019 for $330,000.
How much is this home worth?
The estimated value of the home located at 87 Leo Avenue is $355,700.
What are some comparable homes to 87 Leo Avenue?
There are currently no comparable homes to 87 Leo Avenue.
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