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Middlesex
16 Cold Spring Rd
$376,500
● House - Off Market

16 Cold Spring Rd

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,957 Ft²
$653,962
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Best Deal in Town! This is the home you have been waiting for at the price you have been hoping for! Hardwood floors flow throughout this colonial which offers 3 second floor bedrooms, 2 full baths, cathedral ceilings, skylights, first floor laundry, inviting sunroom, abundance of closet space and storage. Set up your fire pit and patio set on the beautiful paver patio surrounded by a nice flat yard decorated with beautiful rock walls and a cute shed! All this on a quiet, private street! First Showings at Open House Saturday November 1st from 11:00-1:00! Do not miss this great opportunity to call this HOME!
Unit Size
1,957 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$183
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1928

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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 #71763625)

Price History

Date / Event Date Event Price
Dec 19, 2014 Sold
Premium
Sold
Oct 30, 2014 Listed by Classified Realty Group $359,000
Listed by Classified Realty Group
Jun 26, 2012 Sold
Premium
Sold
May 18, 2012 Listed by Classified Realty Group $315,000
Listed by Classified Realty Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • 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: 798
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,910
  • Building Area: 1,910
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,910
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: RA

Geography

  • District: 213
  • Parcel: NREA M:005.0 B:0000 L:0043.0
  • Lot: 43.0
  • Municipality: NORTH READING
  • Latitude: 42.5764
  • Longitude: -71.1304

    Address

  • Full Address: 16 Cold Spring Rd
  • Address - House Number: 16
  • Address - Street Name: Cold Spring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R052
  • 4-Digit Zip Code: 2015
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $719,300

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 686,455
  • High Value: 806,630
  • Low Value: 566,279

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,500
  • Assessed Land Value: $335,200
  • Assessed Improvements Value: $209,300

    Sales

  • Current Sale Recording Date: Dec 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 195702
  • Previous Sale Recording Date: Jun 26, 2012
  • Previous Sale Amount: $315,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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# 71763625

Frequently Asked Questions

When was property at 16 Cold Spring Road built and last sold?
The property at 16 Cold Spring Road was built in 1928 and last sold on Jan 1, 1970 for $376,500.
How much is this home worth?
The estimated value of the home located at 16 Cold Spring Road is $390,592.
What are some comparable homes to 16 Cold Spring Road?
There are currently no comparable homes to 16 Cold Spring Road.
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