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60 Bailey Road Dracut — Photo 1 of 39

60 Bailey Road Dracut — Photo 1 of 39

$749,000

Investment Analysis — 60 Bailey Road

Dracut, MA 01826 — Peters Pond Grove

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01826 carries an estimated $2,790/mo in gross rent — about a 2.46% cap rate and $18,435/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,966

Style

Single Family

Built

1987

Less than a quarter-mile from the water’s edge at Peters Pond, this Dracut Colonial pairs quintessential New England charm with a rare suite of major system upgrades. A deep covered front porch stretches across the home, framed by a wide paved drive and mature shade trees, setting an inviting tone backed by exceptional performance—including new insulated siding, updated windows and trim, refreshed front steps, and new garage doors with motors. Inside, warmth and character define the main living space with rich hardwood floors, natural woodwork, an exposed ceiling beam, and a light-filled bay window. The open layout moves easily from a polished dining area into the heart of the home: a expansive kitchen centered around a substantial island, abundant cabinetry, and recently replaced stainless-steel appliances. A half bath and laundry offer everyday convenience. The standout family room serves as an everyday sanctuary beneath a soaring cathedral ceiling with a skylight overhead and a classic brick fireplace at its center. Through French doors, the living area flows directly onto a wood deck overlooking an impressive, private backyard bordered by woods—complete with a lush lawn, defined fire-pit area, and endless room for outdoor recreation. Up the hardwood stairs, the upper level offers well-proportioned bedrooms alongside a thoughtfully refreshed guest bath featuring a replacement tub, vanity, and toilet to complement the tiled finishes. Everyday comfort and practical utility are well covered with central air powered by a brand-new condensing unit, updated interior and exterior lighting, and an expansive unfinished basement with bulkhead access ready for storage, a home gym, or future expansion. Combined with effortless access to local beaches, golf, shopping, public transit, and major routes, this property offers a complete, turn-key lifestyle near the pond.By entering the property you are giving consent to being recorded at an open house or any showings.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$749,000
Annual Taxes$5,810
HOA Fee$100

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms7
Fireplaces1
FlooringTile, Hardwood
BasementFull, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPrivate
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.92
SqFt Lot40,200
Lot FeaturesWooded

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

22 x 15

Beamed Ceilings, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Recessed Lighting

Dining Room
Lvl First

12 x 13

Flooring - Hardwood

Kitchen
Lvl First

17 x 14

Flooring - Hardwood, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Family Room
Lvl First

17 x 16

Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, French Doors, Cable Hookup, Deck - Exterior, Recessed Lighting

Primary Bedroom
Lvl Second

17 x 15

Bathroom - Full, Ceiling Fan(s), Closet

Bedroom 2
Lvl Second

13 x 14

Bedroom 3
Lvl Second

12 x 11

Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup

Bathroom 1
Lvl First

5 x 6

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

8 x 6

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

4 x 9

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Carol Mcdonald

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73578281