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Middlesex
16 Valley Road
Photo of 16 Valley Road
Sold on Jul 31, 2008

1

Map

$712,500
● House - Off Market

16 Valley Road

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,145 Ft²
$1,474,191
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model

About This Property

PRICED TO SELL!!  SPECTACULAR describes this 5yr old Col in desirable "Deer Run". Breathtaking 20'stone fp accents liv rm. Granite kit w/island & stainless steel. First flr Master suite with Jacuzzi tub, add'l 3 bdrms & office upstairs. Hdwd flrs thru-out. Entertain in finished, fp'd "Sports Basement". Oversized Trek Deck w/hooked in gas grill. Kids will love Hockey Rink/Basketball Court. SUPERB CONDITION!!
Unit Size
3,145 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$238
Property Type
House
Property Taxes
$740
HOA Dues
-
Year Built
2003

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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: 5 months ago (MLSPIN #70736301)

Price History

Date / Event Date Event Price
Aug 1, 2008 Sold
Premium
Sold
Apr 1, 2008 Listed $749,321
Listed
Dec 9, 2003 Sold
Premium
Sold
Aug 29, 2003 Sold
Premium
Sold
Jul 9, 2003 Listed $719,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 8
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,755
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,750
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,278
  • Building Area: 3,278
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,278
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000660
  • 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: 330201

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:026.0 B:0000 L:0124.0
  • Lot: 124.0
  • Municipality: NORTH READING
  • Latitude: 42.5876
  • Longitude: -71.1042

    Address

  • Full Address: 16 Valley Rd
  • Address - House Number: 16
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1702
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,488,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,126,600
  • Assessed Land Value: $442,900
  • Assessed Improvements Value: $683,700

    Sales

  • Current Sale Recording Date: Aug 01, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00127724
  • Previous Sale Recording Date: Aug 29, 2003
  • Previous Sale Amount: $751,600
  • 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:

$815,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2685 ft²

Average Home Age

65 years

Currently For Sale

3224 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: 5 months ago
Data Source: MLS PIN, MLS# 70736301

Frequently Asked Questions

When was property at 16 Valley Road built and last sold?
The property at 16 Valley Road was built in 2003 and last sold on Jan 1, 1970 for $712,500.
How much is this home worth?
The estimated value of the home located at 16 Valley Road is $791,357.
What are some comparable homes to 16 Valley Road?
There are currently no comparable homes to 16 Valley Road.
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