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Middlesex
12 Nutter Rd
$500,000
● House - Off Market

12 Nutter Rd

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,966 Ft²
$1,078,839
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

SAVE $1000 MONTH!  The guest house on this property can be legally rented!!  With an acre of land and a separate driveway, what's the question!  Even subdivided you will enjoy more than 3/4 acre of privacy -- Lush gardens, 3 plus bedrooms and 2 1/2 baths are included in the main house.  Wood floors, fireplace, heated atrium and newer kitchen.  Gorgeous ground with lush landscaping and fenced areas for added enjoyment.  If you haven't seen this house, you owe it to yourself!
Unit Size
2,966 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$179
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
-

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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 #71306561)

Price History

Date / Event Date Event Price
Nov 2, 2020 Sold
Premium
Sold
Aug 13, 2020 Listed by Fitzgerald & Associates $784,000
Listed by Fitzgerald & Associates
Aug 30, 2012 Sold
Premium
Sold
Nov 1, 2011 Listed by Fitzgerald & Associates $529,900
Listed by Fitzgerald & Associates
Mar 15, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330202

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:022.0 B:0000 L:0009.0
  • Lot: 9.0
  • Municipality: NORTH READING
  • Latitude: 42.5659
  • Longitude: -71.1137

    Address

  • Full Address: 12 Nutter Rd
  • Address - House Number: 12
  • Address - Street Name: Nutter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R054
  • 4-Digit Zip Code: 2104
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,113,500

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 978,037
  • High Value: 1,131,504
  • Low Value: 824,571

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $842,900
  • Assessed Land Value: $387,000
  • Assessed Improvements Value: $455,900

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 203451
  • Previous Sale Recording Date: Aug 30, 2012
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: O
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

65.4 years

Currently For Sale

3328 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71306561

Frequently Asked Questions

When was property at 12 Nutter Road built and last sold?
The property at 12 Nutter Road was built in and last sold on Oct 15, 2020 for $770,000.
How much is this home worth?
The estimated value of the home located at 12 Nutter Road is $789,724.
What are some comparable homes to 12 Nutter Road?
There are currently no comparable homes to 12 Nutter Road.
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