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Middlesex
12 Shady Hill Drive
$299,900
● House - Off Market

12 Shady Hill Drive

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,104 Ft²
$987,077
RealtyHop Estimate
229.14%
Since Aug 1, 1999
MA-Boston
Primary Model

About This Property

FASHIONABLE HILLVIEW COUNTRY CLUB LOCATION PLAYS HOST TO THIS METICULOUS SPLIT ENTRY FRESHLY PAINTED WITH NEW CERAMIC TILE FLOORS IN KITCHEN& BATHS. BEAUTIFUL FAMILY ROOM IN CONTEMPORARY DECOR.PARKLIKE GROUNDS W GORG INGROUND POOL
Unit Size
2,104 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$143
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1966

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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 years ago (MLSPIN #30314139)

Price History

Date / Event Date Event Price
Jul 16, 1999 Sold
Premium
Sold
Apr 26, 1999 Listed $299,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 2
  • 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: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 48,352
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,362
  • Building Area: 1,362
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,362
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001110
  • 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:031.0 B:0000 L:0043.0
  • Lot: 43.0
  • Municipality: NORTH READING
  • Latitude: 42.5958
  • Longitude: -71.0992

    Address

  • Full Address: 12 Shady Hill Dr
  • Address - House Number: 12
  • Address - Street Name: Shady Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1406
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $911,900

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 854,975
  • High Value: 986,685
  • Low Value: 723,265

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $690,300
  • Assessed Land Value: $413,900
  • Assessed Improvements Value: $276,400

    Sales

  • Current Sale Recording Date: Jul 16, 1999
  • Current Sale Price:
    Premium
  • Current 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:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2710 ft²

Average Home Age

65.4 years

Currently For Sale

3257 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: 4 years ago
Data Source: MLS PIN, MLS# 30314139

Frequently Asked Questions

When was property at 12 Shady Hill Drive built and last sold?
The property at 12 Shady Hill Drive was built in 1966 and last sold on Jan 1, 1970 for $299,900.
How much is this home worth?
The estimated value of the home located at 12 Shady Hill Drive is $0.
What are some comparable homes to 12 Shady Hill Drive?
There are currently no comparable homes to 12 Shady Hill Drive.
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