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Middlesex
1 Boxwood Rd
$718,000
● House - Off Market

1 Boxwood Rd

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,821 Ft²
$4,299
Est. Monthly

About This Property

Open House Saturday 12/2/23: 10:30am-12Noon.  This home is like new and completely remodeled.  Located in Chestnut Village, this home has the top schools and is located within a beautiful walking neighborhood.  The main level has an open concept kitchen/dining/living room with all new SS appliances, white shaker cabinets and granite counters.   The hardwood floors are completely redone.  There are 3 bedrooms with ample closets and full bath to complement this level.   The lower level offers a 4th bedroom, living room, laundry room, flex room and a second full bath.  Brand new septic system, roof and 2 wood burning fireplaces add to the value of this beautiful home.
Unit Size
1,821 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$404
Property Type
House
Property Taxes
$690
HOA Dues
-
Year Built
1965

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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: 5 months ago (MLSPIN #73169740)

Price History

Date / Event Date Event Price
Jan 2, 2024 Sold
Premium
Sold
Dec 7, 2023 In contract -
In contract
Nov 29, 2023 Price Decreased $735,000
↓ $14K (1.9%)
Price Decreased
Nov 9, 2023 Price Decreased $749,000
↓ $20K (2.6%)
Price Decreased
Nov 2, 2023 Price Decreased $769,000
↓ $31K (3.8%)
Price Decreased
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,150
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330102

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:057.0 B:0000 L:0029.0
  • Lot: 29.0
  • Municipality: NORTH READING
  • Latitude: 42.5619
  • Longitude: -71.0752

    Address

  • Full Address: 1 Boxwood Rd
  • Address - House Number: 1
  • Address - Street Name: Boxwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 3003
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $840,300

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 742,775
  • High Value: 800,260
  • Low Value: 685,291

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $636,100
  • Assessed Land Value: $386,800
  • Assessed Improvements Value: $249,300

    Sales

  • Current Sale Contract Date: Jan 02, 2024
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 326
  • Previous Sale Recording Date: Dec 30, 2022
  • Previous Sale Contract Date: Dec 08, 2022
  • Previous Sale Amount: $481,000
  • Previous Sale Document Type: O
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65 years

Currently For Sale

3272 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73169740

Frequently Asked Questions

When was property at 1 Boxwood Road built and last sold?
The property at 1 Boxwood Road was built in 1965 and last sold on Jan 2, 2024 for $718,000.
How much is this home worth?
The estimated value of the home located at 1 Boxwood Road is $741,889.
What are some comparable homes to 1 Boxwood Road?
There are currently no comparable homes to 1 Boxwood Road.
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