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Middlesex
ONE Redmond Ave.
$410,000
● House - Off Market

ONE Redmond Ave.

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,462 Ft²
$757,472
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Commuter OH FRI 5:30-7 & SAT OH 10:30 -12. PRISTINE THREE bdrms and TWO FULL baths.  Enter  the FRONT FOYER from the farmers porch & ENJOY! The fireplaced livrm is currently being used as a formal dinrm. ALL rooms are PROFESSIONALLY painted.REFINISHED  HARDWOOD throughout! The kitchen has CHERRY CABINETS, STAINLESS APPLIANCES,  a new GLASS-TILE BACKSPLASH,  and plenty of room for a table and chairs. You'll love the open & airy  FAMILY ROOM with sliders to a PATIO and private yard. 2-CAR GARAGE!
Unit Size
1,462 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$274
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #71548339)

Price History

Date / Event Date Event Price
Aug 15, 2013 Sold
Premium
Sold
Jun 27, 2013 Listed by Premier Realty Group, Inc. $399,900
Listed by Premier Realty Group, Inc.
Sep 15, 2008 Sold
Premium
Sold
Jul 9, 2008 Listed $399,900
Listed
NEW LISTING!! METICULOUS Expanded ranch with 2 CAR GARAGE located on FABULOUS SIDE STREET offers three bedrooms, 2 FULL BATHS, UPDATED KITCHEN with CHERRY CABINETS, STAINLESS STEEL APPLIANCES, HARDWOOD FLOOORS, SPACIOUS FAMILY ROOM leading to PRIVATE BACKYARD with beautiful wood patio, minutes to SCHOOL, SHOPPING, MAJOR HIGHWAY.
Dec 1, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 912
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,374
  • Building Area: 2,374
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,374
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • 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: 330202

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:004.0 B:0000 L:0007.0
  • Lot: 7.0
  • Municipality: NORTH READING
  • Latitude: 42.5681
  • Longitude: -71.1301

    Address

  • Full Address: 1 Redmond Ave
  • Address - House Number: 1
  • Address - Street Name: Redmond
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: North Reading
  • Carrier Code: R052
  • 4-Digit Zip Code: 2631
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,258,400

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 940,589
  • High Value: 1,105,255
  • Low Value: 775,923

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $952,600
  • Assessed Land Value: $428,100
  • Assessed Improvements Value: $524,500

    Sales

  • Current Sale Recording Date: Aug 15, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 179098
  • Previous Sale Recording Date: Aug 15, 2013
  • Previous Sale Amount: $410,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 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# 71548339

Frequently Asked Questions

When was property at 1 Redmond Avenue built and last sold?
The property at 1 Redmond Avenue was built in 1963 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 1 Redmond Avenue is $418,307.
What are some comparable homes to 1 Redmond Avenue?
There are currently no comparable homes to 1 Redmond Avenue.
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