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Middlesex
1 Liberty Lane
Photo of 1 Liberty Lane
Sold on Jul 29, 2025

42

Map

Photo of 1 Liberty Lane
Photo of 1 Liberty Lane
$1,610,000
● House - Off Market

1 Liberty Lane

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,132 Ft²
$8,715
Est. Monthly
2.51%
Cap Rate

About This Property

Welcome to Ridgeway Estates! This expansive, custom-built home blends timeless elegance with modern comfort. Master craftsmanship shines throughout with rich millwork, soaring cathedral ceilings, and multiple fireplaces. The two-story foyer sets the tone, while an open layout offers seamless indoor-outdoor living with multiple sliders to a brand-new, oversized deck. Relax on the wraparound farmer's porch or in the professionally landscaped backyard featuring a koi pond, water feature, fire pit, and flat lawn. Ideal for entertaining or quiet enjoyment. Potential ADU expansion over the garage adds flexibility. A rare turnkey opportunity in one of the area's most coveted neighborhoods!
Unit Size
4,132 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$363
Property Type
House
Property Taxes
$1,349
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (MLSPIN #73392648)

Price History

Date / Event Date Event Price
Jul 29, 2025 Sold
Premium
Sold
Jun 24, 2025 In contract -
In contract
Jun 18, 2025 Listed $1,500,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,994
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,249
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,322
  • Building Area: 3,322
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,322
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000924
  • 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: 330201

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:035.0 B:0000 L:0077.0
  • Lot: 77.0
  • Municipality: NORTH READING
  • Latitude: 42.5765
  • Longitude: -71.1003

    Address

  • Full Address: 1 Liberty Ln
  • Address - House Number: 1
  • Address - Street Name: Liberty
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: North Reading
  • Carrier Code: C007
  • 4-Digit Zip Code: 3223
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,574,400

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,336,697
  • High Value: 1,556,613
  • Low Value: 1,116,780

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,191,800
  • Assessed Land Value: $457,500
  • Assessed Improvements Value: $734,300
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:

$819,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

64.9 years

Currently For Sale

3055 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73392648

Frequently Asked Questions

When was property at 1 Liberty Lane built and last sold?
The property at 1 Liberty Lane was built in 1992 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Liberty Lane is $0.
What are some comparable homes to 1 Liberty Lane?
There are currently no comparable homes to 1 Liberty Lane.
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