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Middlesex
117 Elm Street
Photo of 117 Elm Street
Sold on Nov 29, 2004

1

Map

$441,000
● House - Off Market

117 Elm Street

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,789 Ft²
$812,098
RealtyHop Estimate
84.61%
Since Dec 1, 2004
MA-Boston
Primary Model

About This Property

Custom Cape Set on large corner lot at entrance to new development.  Large fireplaced living rm, entertainment size dining room and 3 season rm w/ beautiful custom wood panels.  3 bedrooms up w/hardwood floors and walk up attic. The most beautiful yard, full of flowers, special planting and trees. A gardner's paradise. 2 separate garages with storage and shed. Newly painted. Security and Central Vac. Above ground Pool and patio. New Septic in 1998, Title V approved!
Unit Size
1,789 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$246
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1948

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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 #70066742)

Price History

Date / Event Date Event Price
Nov 29, 2004 Sold
Premium
Sold
Jul 22, 2004 Listed $439,900
Listed

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 848
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 40,511
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,603
  • Building Area: 1,603
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,603
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000930
  • 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:076.0 B:0000 L:0002.0
  • Lot: 2.0
  • Municipality: NORTH READING
  • Latitude: 42.5728
  • Longitude: -71.0481

    Address

  • Full Address: 117 Elm St
  • Address - House Number: 117
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C004
  • 4-Digit Zip Code: 2999
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $927,500

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 802,238
  • High Value: 926,653
  • Low Value: 677,823

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $702,100
  • Assessed Land Value: $380,000
  • Assessed Improvements Value: $322,100

    Sales

  • Current Sale Recording Date: Nov 29, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 297869
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# 70066742

Frequently Asked Questions

When was property at 117 Elm Street built and last sold?
The property at 117 Elm Street was built in 1948 and last sold on Jan 1, 1970 for $441,000.
How much is this home worth?
The estimated value of the home located at 117 Elm Street is $464,306.
What are some comparable homes to 117 Elm Street?
There are currently no comparable homes to 117 Elm Street.
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