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Middlesex
951 Salem Rd
$485,000
● House - Off Market

951 Salem Rd

Dracut, MA 01826
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,392 Ft²
$703,838
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

MOTIVATED Seller.  Beautiful move in ready!  2400 sq. ft. of living space. HW floors throughout first floor. Granite Counter Tops 9' ceilings. Under 10 minutes to Route 38 & 93! Close to Four Oaks Golf Course. Can go hiking, 4-wheeling and more on your own private 9+ acres. Other opportunities possible.  Methuen Forest lake 1.5 mi. and Pelham Inn .5 mi.  Close to NH for tax free shopping.  Buyer Financing fell through.  One's loss is another one's gain!  OH Saturday/Sunday 3/7 +3/8 1-3 Take advantage of the current LOW Mortgage rates. ALL OFFERS IN BY TUESDAY 3/17/2020 AM
Unit Size
2,392 Ft²
Days on Market
-
Land Size
9.65 acres
Price per sqft
$207
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
2010

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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 #72556788)

Price History

Date / Event Date Event Price
Apr 30, 2020 Sold
Premium
Sold
Aug 30, 2019 Listed by Keller Williams Realty $495,000
Listed by Keller Williams Realty
Oct 29, 2010 Sold
Premium
Sold
Jun 6, 2010 Listed by Keller Williams Realty $389,900
Listed by Keller Williams Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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 Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 568
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 420,354
  • Total Building Area: 2,392
  • Gross Building Area: 3,644
  • Building Area: 2,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,392
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009650
  • 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: 314302

Zoning

  • Zoning: R1

Geography

  • Account Number: 322236
  • District: 79
  • Parcel: DRAC M:1 L:1
  • Lot: 1
  • Municipality: DRACUT
  • Latitude: 42.7349
  • Longitude: -71.2561

    Address

  • Full Address: 951 Salem Rd
  • Address - House Number: 951
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Dracut
  • Carrier Code: R003
  • 4-Digit Zip Code: 1660
  • Zip Code: 01826

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $682,500

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 731,434
  • High Value: 854,053
  • Low Value: 608,816

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $653,100
  • Assessed Land Value: $217,300
  • Assessed Improvements Value: $435,800

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18433
  • Previous Sale Recording Date: Oct 29, 2010
  • Previous Sale Amount: $389,900
  • 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:

$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

Unit for rent at 4 Arbor, Pelham, 03076

$3,150 /mo

  • 3 Beds
  • 1 Bath
  • 1,772 ft²
4 Arbor, Pelham, 03076 Listing by DawnMarie McCarthy
Unit for rent at 58 Brady, Salem, 03079

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,751 ft²
58 Brady, Salem, 03079 Listing by Nancy Bilodeau

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72556788

Frequently Asked Questions

When was property at 951 Salem Road built and last sold?
The property at 951 Salem Road was built in 2010 and last sold on Apr 30, 2020 for $485,000.
How much is this home worth?
The estimated value of the home located at 951 Salem Road is $524,721.
What are some comparable homes to 951 Salem Road?
There are currently no comparable homes to 951 Salem Road.
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