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341 Broadway Road, Dracut MA 01826

Dracut, MA 01826
$3,425,000
Est. $18,352/month
47.50
Acres
247
Days on Market
Closed Listed Feb 3, 2020 • MLS# 72614711 Copied!

About this home

Broadway Village is a fully permitted 278-unit apartment development opportunity located in Dracut, MA. The projects comprehensive permit allows for 278 rental units in four elevatored buildings on the expansive 47.5-acre site. The project is envisioned as four story wood framed construction with surface parking (at a ratio of +/- 2 spaces per unit) and 58 structured/garage spaces. The thoughtfully designed community is replete with abundant tenant amenity spaces, including café areas, lounges, pet grooming, outdoor grills, cinema room, fitness center, bike storage and a large courtyard lawn and swimming pool. Additionally, the site is accessible to major transportation routes, including I-93 and I-495, and convenient to various employment centers in northern Massachusetts, southern New Hampshire and areas north and west of Boston. MBTA commuter rail service to Boston’s North Station is available in Lowell (Lowell Station) just 3.5 miles, less than a 15-minute drive from the property.

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Property Overview

Property Type
Residential
Listing Type
Land

Sale Statistics

Sale Overview
Original List Price: $5,500,000
Final Sale Price: $3,425,000
Difference: $2,075,000 (-37.7%)
Performance Metrics
62.3%
List to Sale Ratio
Sold below asking price
247
Days on Market
Extended listing
Sale Summary

This property sold for 37.7% below the original asking price.

At 247 days on market, this property took longer than average to sell.

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 47.50 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric Other (see Remarks)
Water Other
Sewer Other
Gas Other (see Remarks)
Other None

Financial

Annual Tax $9,999
Assessed Value $9,999

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Other
Sewer: Other
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

341 Broadway Road, Dracut MA 01826

Dracut, MA 01826

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $833
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

100%
Price Range
248
Total Days on Market

Property Timeline

Current Active Listing - MLS #73526254
Full transaction history available when tracking began
🏡
Currently Listed
May 28, 2026
$1
MLS #73526254 - Active
Sold
Apr 7, 2021
$3,425,000
Property sold
Days on Market: 248
🏠
Listed for Sale
Feb 3, 2020
$5,500,000
Original listing
Agent: Christopher Sower Office: Colliers International

Price & Status History

Date Event Price Change
May 28, 2026 Sold $1
Feb 3, 2020 New Listing Added $5,500,000

Market Statistics

Days on Market
247 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
9999 $9,999 $9,999

Financial Details

Annual Property Tax
$9,999
Tax Year 9999
Assessed Value
$9,999

Listing Information

Listing Agent Christopher Sower
Agent MLS ID CT003909
Office MLS ID AC2397
Listing Data Updated Apr 7, 2021 5:41 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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341 Broadway Road, Dracut MA 01826 - Photo 1 341 Broadway Road, Dracut MA 01826 - Photo 2
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