Middlesex
159 Elm St
$710,000
●
House -
Off Market
159 Elm St
North Reading, MA 01864
3 Beds
1 Bath
1,590 Ft²
$3,830
Est. Monthly
About This Property
Welcome to 159 Elm Street, North Reading-an inviting, oversized
3-bedroom, 1 bathroom ranch that beautifully blends modern updates
with a warm, welcoming atmosphere! This thoughtfully designed home
features bright, open spaces with hardwood floors and tasteful
finishes throughout.At its heart is the sun-drenched, spacious
family room and updated kitchen, combined into a stunning open area
with cathedral ceilings, skylights, and a stone fireplace-perfect
for gatherings and everyday living. The kitchen offers quartz
countertops, stainless steel appliances, and ample cabinetry,
flowing seamlessly into the dining area, which also boasts its own
cozy wood-burning fireplace.With convenient access to schools,
parks, shopping, and major highways, this home combines tranquility
with accessibility, all set on a rare, fully fenced 1.1-acre lot
that offers privacy and ample outdoor space.Don't miss out on this
North Reading gem-**BEST & FINAL OFFERS DUE BY 3PM ON MONDAY NOV
4,2024**
Unit Size
1,590 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$408
Property Type
House
Property Taxes
$643
HOA Dues
-
Year Built
1965
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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 #73306976)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed by William Raveis R.E. & Home Services | $649,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Welcome to 159 Elm Street, North Reading—an inviting, oversized 3-bedroom, 1 bathroom ranch that beautifully blends modern updates with a warm, welcoming atmosphere! This thoughtfully designed home features bright, open spaces with hardwood floors and tasteful finishes throughout.At its heart is the sun-drenched, spacious family room and updated kitchen, combined into a stunning open area with cathedral ceilings, skylights, and a stone fireplace—perfect for gatherings and everyday living. The kitchen offers quartz countertops, stainless steel appliances, and ample cabinetry, flowing seamlessly into the dining area, which also boasts its own cozy wood-burning fireplace.With convenient access to schools, parks, shopping, and major highways, this home combines tranquility with accessibility, all set on a rare, fully fenced 1.1-acre lot that offers privacy and ample outdoor space.Don’t miss out on this North Reading gem—**BEST & FINAL OFFERS DUE BY 3PM ON MONDAY NOV 4,2024**
| |||
| Sep 20, 2019 | Sold | ||
| Sold | |||
| Jul 25, 2019 | Listed by William Raveis R.E. & Home Services | $489,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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