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Middlesex
Lot 1-163 Central St
Photo of Lot 1-163 Central St
Sold on Oct 30, 2009

1

Map

$568,500
● House - Off Market

Lot 1-163 Central St

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$1,195,521
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

Built for family entertainment in mind  glass sliders to a huge yard.  1st floor features a Huge Master Suite with a separate tiled shower, soaking tub and gigantic closet.  The two car garage is attached for ease of grocery handling.    Gorgeous crown molding on the first floor, wainscotting etc Easily accessible to Rte 128 and Rte 93.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
1.74 acres
Price per sqft
$250
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
2009

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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 #70951531)

Price History

Date / Event Date Event Price
Oct 29, 2009 Sold
Premium
Sold
Jul 23, 2009 Listed $575,000
Listed
Dec 15, 2008 Sold
Premium
Sold
Jun 5, 2008 Listed $269,000
Listed

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 2
  • Total Rooms: 7
  • 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: 1,382
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 75,794
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,350
  • Building Area: 2,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,350
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001740
  • 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:033.0 B:0000 L:0039.0
  • Lot: 39.0
  • Municipality: NORTH READING
  • Latitude: 42.5873
  • Longitude: -71.0995

    Address

  • Full Address: 163 Central St
  • Address - House Number: 163
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1701
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,141,500

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 987,758
  • High Value: 1,150,267
  • Low Value: 825,250

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $864,100
  • Assessed Land Value: $392,400
  • Assessed Improvements Value: $471,700

    Sales

  • Current Sale Recording Date: Oct 29, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01516986
  • Previous Sale Recording Date: Dec 15, 2008
  • Previous Sale Amount: $245,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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# 70951531

Frequently Asked Questions

When was property at 163 Central Street built and last sold?
The property at 163 Central Street was built in 2009 and last sold on Jan 1, 1970 for $568,500.
How much is this home worth?
The estimated value of the home located at 163 Central Street is $605,678.
What are some comparable homes to 163 Central Street?
There are currently no comparable homes to 163 Central Street.
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