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Middlesex
166 Central Street
$560,000
● House - Off Market

166 Central Street

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,744 Ft²
$1,002,565
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

You'll fall in love with this Stunning NORTH READING CONTEMPORAY nestled on a quiet wooded site.  Designed with an Open Floor Plan, this home is terrific  for Day to Night everyday living or great entertaining.   Bright kitchen & Dining area overlooks beautiful wooded back yard.   Hardwood Floors throughout.  Vaulted Ceilings in Living Room, Dining Room Office & Master Bedroom,Gas Fireplace Family Room.  Detached Oversized Garage.  Bonus room in Lower Level for Office,  Exercise,  etc in Lower Level.   First Floor Office has a separate entrance & windows overlooking landscaped lot.
Unit Size
2,744 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$200
Property Type
House
Property Taxes
$684
HOA Dues
-
Year Built
1977

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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 #71715084)

Price History

Date / Event Date Event Price
Oct 21, 2020 Sold
Premium
Sold
Aug 28, 2020 Listed by Premier Realty Group, Inc. $674,900
Listed by Premier Realty Group, Inc.
Sep 12, 2014 Sold
Premium
Sold
Jul 16, 2014 Listed by Premier Realty Group, Inc. $549,900
Listed by Premier Realty Group, Inc.
Oct 31, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 424
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,708
  • Total Building Area: 2,320
  • Gross Building Area: 2,744
  • Building Area: 2,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001210
  • 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: 330200

Zoning

  • Zoning: RA

Geography

  • Parcel: NREA M:33-P:118
  • Municipality: NORTH READING
  • Latitude: 42.5883
  • Longitude: -71.1015

    Address

  • Full Address: 166 Central St
  • Address - House Number: 166
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1721
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $920,453

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Jun 23, 2021
  • Confidence Score: 84
  • Final Value: 772,753
  • High Value: 876,913
  • Low Value: 668,593

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $601,100
  • Assessed Land Value: $297,100
  • Assessed Improvements Value: $304,000

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1857480
  • Previous Sale Recording Date: Sep 12, 2014
  • Previous Sale Amount: $560,000
  • 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# 71715084

Frequently Asked Questions

When was property at 166 Central Street built and last sold?
The property at 166 Central Street was built in 1977 and last sold on Oct 9, 2020 for $675,000.
How much is this home worth?
The estimated value of the home located at 166 Central Street is $693,601.
What are some comparable homes to 166 Central Street?
There are currently no comparable homes to 166 Central Street.
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