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Middlesex
10 Burroughs Road
$209,000
● House - Off Market

10 Burroughs Road

North Reading, MA 01864
bedrooms
1 Bed
bathrooms
1 Bath
square feet
704 Ft²
$362,604
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Cute and cozy 1 BR bungalow that's a great alternative to a condo. Enjoy the privacy of a single family home without paying the pricy condo fees!  Enjoy the fenced in backyard with a deck and patio.  Applianced kitchen, newer range. Breakfast bar and built-in shelving. Newer French door with blinds, leads out to deck. Separate dining area with closet. Open floor plan features hardwood floors in entrance hallway, living room and bedroom. This home has been well maintained and is move-in ready. Brand new roof and interior has just been freshly painted. Exterior painted in the last two years. Vinyl replacement windows. Off-street parking.  Walking distance to Martin's Pond. Quick closing possible!
Unit Size
704 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$297
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1944

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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 #71866609)

Price History

Date / Event Date Event Price
Jul 24, 2015 Sold
Premium
Sold
Jul 1, 2015 Listed by RE/MAX Advantage 1 $209,000
Listed by RE/MAX Advantage 1
Aug 12, 2003 Sold
Premium
Sold
Mar 25, 2003 Listed by RE/MAX Advantage 1 $209,900
Listed by RE/MAX Advantage 1

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Frontage Feet: 0
  • Total Building Area: 704
  • Building Area: 704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 704
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • 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: RB

Geography

  • District: 213
  • Parcel: NREA M:013.0 B:0000 L:0079.0
  • Lot: 79.0
  • Municipality: NORTH READING
  • Latitude: 42.592
  • Longitude: -71.1186

    Address

  • Full Address: 10 Burroughs Rd
  • Address - House Number: 10
  • Address - Street Name: Burroughs
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1220
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $489,400

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 437,367
  • High Value: 513,814
  • Low Value: 360,920

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $370,500
  • Assessed Land Value: $279,400
  • Assessed Improvements Value: $91,100

    Sales

  • Current Sale Recording Date: Jul 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 120667
  • Previous Sale Recording Date: Aug 12, 2003
  • Previous Sale Amount: $204,300
  • 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:

$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# 71866609

Frequently Asked Questions

When was property at 10 Burroughs Road built and last sold?
The property at 10 Burroughs Road was built in 1944 and last sold on Jan 1, 1970 for $209,000.
How much is this home worth?
The estimated value of the home located at 10 Burroughs Road is $211,338.
What are some comparable homes to 10 Burroughs Road?
There are currently no comparable homes to 10 Burroughs Road.
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