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Middlesex
LOT3,124 Elm Street
Photo of LOT3,124 Elm Street
Sold on Jun 27, 2006

1

Map

$667,500
● House - Off Market

LOT3,124 Elm Street

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,822 Ft²
$1,260,324
RealtyHop Estimate
80.07%
Since Jul 1, 2006
MA-Boston
Primary Model

About This Property

EXCEPTIONAL CRAFTSMANSHIP FROM LOCAL BUILDER OF MANY FINE HOMES & ESTATES. NUMEROUS UPGRADES INCLUDED. OPEN 1ST FLOOR PLAN. KIT W GRANITE COUNTERS, STAINLESS APPLIANCES & MAPLE CABS. HUGE FAMILY ROOM WITH FIREPLACE. 1ST FLOOR OFFICE, FORMAL DR AND LR. LARGE 16X14 MAHOG/CEDAR DECK OVERLOOKING PRIVATE BACK YARD. SPACIOUS BEDROOMS & HUGE MASTER SUITE W FULL BA & HOT-TUB. GLEAMING HDWD 1ST FLOOR AND 2ND FLOOR HALL. TILE BATHS, CARPET BRs. WALK OUT BSMNT, CAIR, CVAC, SECURITY AND IRRIGATION SYSTEMS.
Unit Size
2,822 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$248
Property Type
House
Property Taxes
$8,333,333
HOA Dues
-
Year Built
2006

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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: 6 months ago (MLSPIN #70317323)

Price History

Date / Event Date Event Price
Jun 27, 2006 Sold
Premium
Sold
Jan 18, 2006 Listed $699,900
Listed
Aug 16, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,456
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,894
  • Building Area: 2,894
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,894
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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:076.0 B:0000 L:0006.0
  • Lot: 6.0
  • Municipality: NORTH READING
  • Latitude: 42.5723
  • Longitude: -71.0489

    Address

  • Full Address: 124 Elm St
  • Address - House Number: 124
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C004
  • 4-Digit Zip Code: 2942
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,357,700

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,117,448
  • High Value: 1,291,606
  • Low Value: 943,289

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,027,800
  • Assessed Land Value: $358,400
  • Assessed Improvements Value: $669,400

    Sales

  • Current Sale Recording Date: Jun 27, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01414679
  • Previous Sale Recording Date: Aug 16, 2005
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 48
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:

$822,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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: 6 months ago
Data Source: MLS PIN, MLS# 70317323

Frequently Asked Questions

When was property at 124 Elm Street built and last sold?
The property at 124 Elm Street was built in 2006 and last sold on Jan 1, 1970 for $667,500.
How much is this home worth?
The estimated value of the home located at 124 Elm Street is $731,517.
What are some comparable homes to 124 Elm Street?
There are currently no comparable homes to 124 Elm Street.
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