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Middlesex
12 Heritage Way
$852,275
● House - Off Market

12 Heritage Way

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,267 Ft²
$1,293,837
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

MOVE RIGHT IN !!! IMMEDIATE OCCUPANCY POSSIBLE. A true beauty, inside & out!  SHOWSTOPPER KIT with cherry & granite, High end ss appliances 3 FPs incl gas in LR & DRplus masonry with wood stove in sunroom, finished lower level plus 2 rooms and bath on 3rd floor ideal for long term guests. Plus more  in this absolutely stunning Colonial with 4,000 + GLA set on beautiful 2 Acre lot with plenty of privacy, abundant mature landscaping, heated in-ground pool & patio, over-sized deck with built in hot-tub and grassy play area ideal for plenty of family fun.  Don't miss out on prime neighborhood in favored Batchelder School District, located in easy commute location, just 3 miles straight down Haverhill St to 95/128. .SEE FEATURES SHEET, TOO MANY EXTRAS TO LIST.
Unit Size
3,267 Ft²
Days on Market
-
Land Size
2.08 acres
Price per sqft
$266
Property Type
House
Property Taxes
$1,087
HOA Dues
-
Year Built
1995

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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 #72378807)

Price History

Date / Event Date Event Price
Dec 3, 2018 Sold
Premium
Sold
Aug 14, 2018 Listed by Century 21 North East $869,900
Listed by Century 21 North East
Jun 30, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,630
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 90,605
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,267
  • Building Area: 3,267
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,267
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002080
  • 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: 330102

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:040.0 B:0000 L:0083.0
  • Lot: 83.0
  • Municipality: NORTH READING
  • Latitude: 42.5628
  • Longitude: -71.0812

    Address

  • Full Address: 12 Heritage Way
  • Address - House Number: 12
  • Address - Street Name: Heritage
  • Address - Suffix Type: Way
  • State: MA
  • City Name: North Reading
  • Carrier Code: C007
  • 4-Digit Zip Code: 2800
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,546,800

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,257,381
  • High Value: 1,479,215
  • Low Value: 1,035,547

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,170,900
  • Assessed Land Value: $470,600
  • Assessed Improvements Value: $700,300

    Sales

  • Current Sale Contract Date: Oct 12, 2018
  • Current Sale Recording Date: Dec 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 183677
  • Previous Sale Recording Date: Jun 30, 1995
  • Previous Sale Amount: $339,000
  • 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

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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# 72378807

Frequently Asked Questions

When was property at 12 Heritage Way built and last sold?
The property at 12 Heritage Way was built in 1995 and last sold on Oct 12, 2018 for $852,275.
How much is this home worth?
The estimated value of the home located at 12 Heritage Way is $907,982.
What are some comparable homes to 12 Heritage Way?
There are currently no comparable homes to 12 Heritage Way.
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