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Middlesex
15 Elma Rd
$500,000
● House - Off Market

15 Elma Rd

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,816 Ft²
$780,358
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Pride of ownership in this Beautiful three bedroom Colonial on dead end street with conservation near front of property. Farmers Porch for your enjoyment overlooking Professionally Landscaped Grounds. Rooms freshly painted in this Open floor plan leading from living rm, dining area with plantation shutters, ceiling fan, kitchen w/island, under cabinet lighting, plantation shutters,recessed lighting,Wainscoting. Hardwood floors through out. Large half bath w/laundry and tile floor. Master bedroom w/3/4 bath and walk in closet. Unfinished Walk Out Basement ready for your design, New Roof, Irrigation System, Security System Central Vac and Central AC. Walking distance to shops. Welcome Home!
Unit Size
1,816 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$275
Property Type
House
Property Taxes
$531
HOA Dues
-
Year Built
1998

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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: 4 months ago (MLSPIN #72217990)

Price History

Date / Event Date Event Price
Nov 30, 2017 Sold
Premium
Sold
Aug 23, 2017 Listed by Coldwell Banker Residential Brokerage - Westwood $499,000
Listed by Coldwell Banker Residential Brokerage - Westwood
Sep 30, 1998 Sold
Premium
Sold
Mar 3, 1998 Listed $229,900
Listed
OPPORTUNITY KNOCKS! AFFORDABLE NEW CONST.CUSTOM DESIGNED 6 RM COLONIAL, LARGE LR,KIT W/WHITE CABS & CENTER ISLAND, HW 1ST FLR & FIRST FLOOR LAUNDRY, 3 LARGE BRS AND 2.5 BATHS, HW FLR CARP. 2ND CLOSE TO SHOPPING AND RT 93

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 908
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,816
  • Building Area: 1,816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 330202

Zoning

  • Zoning: RB

Geography

  • District: 213
  • Parcel: NREA M:013.0 B:0000 L:0088.0
  • Lot: 88.0
  • Municipality: NORTH READING
  • Latitude: 42.5917
  • Longitude: -71.1196

    Address

  • Full Address: 15 Elma Rd
  • Address - House Number: 15
  • Address - Street Name: Elma
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1250
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $882,300

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 760,574
  • High Value: 893,725
  • Low Value: 627,422

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $667,900
  • Assessed Land Value: $298,200
  • Assessed Improvements Value: $369,700

    Sales

  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 194112
  • Previous Sale Recording Date: Jan 07, 2014
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 72217990

Frequently Asked Questions

When was property at 15 Elma Road built and last sold?
The property at 15 Elma Road was built in 1998 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 15 Elma Road is $520,692.
What are some comparable homes to 15 Elma Road?
There are currently no comparable homes to 15 Elma Road.
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