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Middlesex
13 Heritage Way
$685,000
● House - Off Market

13 Heritage Way

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,448 Ft²
$1,274,953
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Not just a great house, but a GREAT HOME.., Take advantage of North Reading's spectacular school system including the favored Batchelder Elementary School, ALL NEW High School and Middle School complex, handy to Town Center, Ipswich River Park & Kidspot and only a short ride to I-93 & I-95/128, offering ideal, easy-commute location.  Updated kit with concrete counter-tops, bar sink, prof  6 burner gas stove, vented hood and built in breakfast bar. Beautiful oversized family room with fireplace, 4 spacious bedrooms, 3 full baths, full basement walk out, walk up attic.  All hw first floor, new w/w has been installed in MBR. Plus great multi-level deck leads to pool, patio and hot tub nestled on beautiful acre with brick paver patio and many plantings.
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$286
Property Type
House
Property Taxes
$780
HOA Dues
-
Year Built
1994

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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 #71702363)

Price History

Date / Event Date Event Price
Dec 29, 2014 Sold
Premium
Sold
Jun 20, 2014 Listed by Century 21 Spindler & O'Neil Associates $699,900
Listed by Century 21 Spindler & O'Neil Associates
Apr 21, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,448
  • Building Area: 2,448
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,448
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • 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:039.0 B:0000 L:0023.0
  • Lot: 23.0
  • Municipality: NORTH READING
  • Latitude: 42.5622
  • Longitude: -71.0827

    Address

  • Full Address: 13 Heritage Way
  • Address - House Number: 13
  • 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: $1,200,400

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,124,016
  • High Value: 1,322,321
  • Low Value: 925,711

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $908,700
  • Assessed Land Value: $452,900
  • Assessed Improvements Value: $455,800

    Sales

  • Current Sale Recording Date: Dec 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 200043
  • Previous Sale Recording Date: Apr 21, 1995
  • Previous Sale Amount: $300,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71702363

Frequently Asked Questions

When was property at 13 Heritage Way built and last sold?
The property at 13 Heritage Way was built in 1994 and last sold on Jan 1, 1970 for $685,000.
How much is this home worth?
The estimated value of the home located at 13 Heritage Way is $726,436.
What are some comparable homes to 13 Heritage Way?
There are currently no comparable homes to 13 Heritage Way.
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