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Middlesex
124 Central
$373,500
● House - Off Market

124 Central

North Reading, MA 01864
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,515 Ft²
$680,339
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

UPDATED & FABULOUS.... OPEN CONCEPT   Newer KITCHEN has CORIAN counters , WHITE CABINETS, & CERAMIC BACK SPLASH  . Kitchen opens to HEATED SUNROOM  with ceramic floors( could be used as  a  Den or Playroom.).DINING ROOM, &  LIVING ROOM.  Sun drenched MASTER BEDROOM has a  WALK IN CLOSET with built ins & MASTER BATH  which offers  JACUZZI style TUB to unwind in after a long day & OVERSIZED SHOWER with MARBLE FLOORS & VANITY TOP .  The HARDWOOD FLOORS carry through the first floor creating a wonderful spacious area to to relax or entertain. Lower level includes a spacious FAMILY ROOM with fireplace and  a  separate OFFICE area..This charmer also features Central Air ,One Car Garage, Shed, & Nice Private Yard!!! MOVE RIGHT IN & ENJOY SPRING!!!
Unit Size
1,515 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$247
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1960

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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 #71650787)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
May 29, 2014 Sold
Premium
Sold
Mar 27, 2014 Listed by Premier Realty Group, Inc. $374,500
Listed by Premier Realty Group, Inc.
Oct 22, 2012 Sold
Premium
Sold
Aug 29, 2012 Listed by Premier Realty Group, Inc. $338,876
Listed by Premier Realty Group, Inc.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,203
  • Building Area: 1,203
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,203
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • 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: 330201

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:034.0 B:0000 L:0061.0
  • Lot: 61.0
  • Municipality: NORTH READING
  • Latitude: 42.5831
  • Longitude: -71.0966

    Address

  • Full Address: 124 Central St
  • Address - House Number: 124
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1724
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $799,500

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 734,001
  • High Value: 862,364
  • Low Value: 605,639

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $605,200
  • Assessed Land Value: $359,100
  • Assessed Improvements Value: $246,100

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 263224
  • Previous Sale Recording Date: May 30, 2014
  • Previous Sale Amount: $373,500
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 71650787

Frequently Asked Questions

When was property at 124 Central Street built and last sold?
The property at 124 Central Street was built in 1960 and last sold on Dec 6, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 124 Central Street is $393,052.
What are some comparable homes to 124 Central Street?
There are currently no comparable homes to 124 Central Street.
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