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Middlesex
11 Edgewood Terrace
$415,000
● House - Off Market

11 Edgewood Terrace

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,636 Ft²
$614,278
RealtyHop Estimate
48.02%
Since Oct 1, 2018
MA-Boston
Primary Model

About This Property

Nestled in a quiet neighborhood with town owned land to the rear and left of the property, this immaculate 3 bedroom and 2 bath ranch style home is light and bright. Cathedral ceiling kitchen with skylights offers views of the enchanting natural setting. Relax and enjoy the screened in area and convenient carport is a bonus from the elements. Hardwood floors with light tones flow to all bedrooms and hallway. The finished basement with full bath, office and family room are added living space that walk out to the private backyard, a nature lover's paradise with perennials blooming and meticulous landscaping. Pride of ownership shows throughout this home. Not far from this home is Martin's Pond offering fishing, boating, a children's tot park and annual events for all.
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$254
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72365377)

Price History

Date / Event Date Event Price
Sep 28, 2018 Sold
Premium
Sold
Jul 19, 2018 Listed by William Raveis R.E. & Home Services $415,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 1,090
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,090
  • Building Area: 1,090
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,090
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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:008.0 B:0000 L:0225.0
  • Lot: 225.0
  • Municipality: NORTH READING
  • Latitude: 42.5931
  • Longitude: -71.1289

    Address

  • Full Address: 11 Edgewood Ter
  • Address - House Number: 11
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1150
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $631,800

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 571,311
  • High Value: 666,993
  • Low Value: 475,628

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $478,300
  • Assessed Land Value: $277,200
  • Assessed Improvements Value: $201,100

    Sales

  • Current Sale Recording Date: Sep 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 150256
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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# 72365377

Frequently Asked Questions

When was property at 11 Edgewood Terrace built and last sold?
The property at 11 Edgewood Terrace was built in 1973 and last sold on Jan 1, 1970 for $415,000.
How much is this home worth?
The estimated value of the home located at 11 Edgewood Terrace is $435,256.
What are some comparable homes to 11 Edgewood Terrace?
There are currently no comparable homes to 11 Edgewood Terrace.
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