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Middlesex
1 Pine Ridge Road
$750,000
● House - Off Market

1 Pine Ridge Road

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,680 Ft²
$713,722
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Truly a sweet "move in and enjoy" home for all seasons. The current owner continued the updates and renovations of the former seller. From the beautifully redesigned and well maintained yard, irrigation system, fencing, vegetable garden, utility shed, trex deck, new driveway and all around top notch maintenance...to the 2 new propane fireplaces, forced hot water heating, attic fan, and total interior painting. Everything  you`need to settle in and enjoy.BONUS... ENTIRE HOME IS CONNECTED TO GENERATOR.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$417
Property Type
House
Property Taxes
$640
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #72947031)

Price History

Date / Event Date Event Price
Apr 28, 2022 Sold
Premium
Sold
Mar 1, 2022 Listed by Colonial Manor Realty $699,900
Listed by Colonial Manor Realty
May 31, 2017 Sold
Premium
Sold
Dec 19, 2016 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,820
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000455
  • 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:032.0 B:0000 L:0060.0
  • Lot: 60.0
  • Municipality: NORTH READING
  • Latitude: 42.5923
  • Longitude: -71.0997

    Address

  • Full Address: 1 Pine Ridge Rd
  • Address - House Number: 1
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1401
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $808,200

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 754,272
  • High Value: 878,367
  • Low Value: 630,177

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,800
  • Assessed Land Value: $362,300
  • Assessed Improvements Value: $249,500

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63394
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Amount: $539,900
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72947031

Frequently Asked Questions

When was property at 1 Pine Ridge Road built and last sold?
The property at 1 Pine Ridge Road was built in 1960 and last sold on Apr 28, 2022 for $750,000.
How much is this home worth?
The estimated value of the home located at 1 Pine Ridge Road is $715,095.
What are some comparable homes to 1 Pine Ridge Road?
There are currently no comparable homes to 1 Pine Ridge Road.
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