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Middlesex
1 Shasta Dr.
$830,000
● House - Off Market

1 Shasta Dr.

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,688 Ft²
$1,485,412
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Fabulous Contemporary Colonial in a neighborhood of more expensive homes. Features include a first floor home office with hardwood floors and custom cabinetry and French doors. Generous sized open concept kitchen with granite counters and stainless steel appliances and hardwood floors open to dining room with sliding doors to deck. Awesome Great room with floor to ceiling stone fireplace is perfect for entertaining .All  4 spacious bedrooms are on the second floor. Master Bedroom suite has walk in closet and master bath with jetted tub, double vanity and marble flooring. Two finished rooms in lower level for additional living space. Exterior freshly painted. New deck and new flooring in Foyer and Kitchen. New Paint ! New Deck !  New Floors ! Etc.
Unit Size
3,688 Ft²
Days on Market
-
Land Size
1.44 acres
Price per sqft
$230
Property Type
House
Property Taxes
$967
HOA Dues
-
Year Built
1997

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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 #71810059)

Price History

Date / Event Date Event Price
Oct 19, 2015 Sold
Premium
Sold
Apr 1, 2015 Listed by Renaissance REALTORS® $850,000
Listed by Renaissance REALTORS®
Jul 21, 2006 Sold
Premium
Sold
Mar 27, 2006 Listed by Renaissance REALTORS® $879,900
Listed by Renaissance REALTORS®
Feb 26, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,818
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,857
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,428
  • Building Area: 3,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001443
  • 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: 330101

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:074.0 B:0000 L:0086.0
  • Lot: 86.0
  • Municipality: NORTH READING
  • Latitude: 42.5813
  • Longitude: -71.0581

    Address

  • Full Address: 1 Shasta Dr
  • Address - House Number: 1
  • Address - Street Name: Shasta
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 2958
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,572,800

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,428,171
  • High Value: 1,741,835
  • Low Value: 1,114,506

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,190,600
  • Assessed Land Value: $467,100
  • Assessed Improvements Value: $723,500

    Sales

  • Current Sale Recording Date: Oct 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 177132
  • Previous Sale Recording Date: Jul 21, 2006
  • Previous Sale Amount: $865,000
  • Previous Sale Document Type: 27
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:

$810,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2692 ft²

Average Home Age

62.2 years

Currently For Sale

3220 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: 5 months ago
Data Source: MLS PIN, MLS# 71810059

Frequently Asked Questions

When was property at 1 Shasta Drive built and last sold?
The property at 1 Shasta Drive was built in 1997 and last sold on Jan 1, 1970 for $830,000.
How much is this home worth?
The estimated value of the home located at 1 Shasta Drive is $905,572.
What are some comparable homes to 1 Shasta Drive?
There are currently no comparable homes to 1 Shasta Drive.
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