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Middlesex
17 Heritage Way
$745,000
● House - Off Market

17 Heritage Way

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,590 Ft²
$1,577,846
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Exceptional 4,400 sf GLA in expanded colonial in most desired "Batchelder School District", handy to Ipswich River Park. See Features Sheet, includes two story foyer, oversized family room with fp,wetbar w/ mini ref & wine cooler, 1st floor office, elegant mbr suite with luxury bath, second mbr w/ pri bath and fully finished LL  with gas fp and slider to patio and pool nestled on beautiful Acre lot in tip top n'hood, handy to Rts 95/128 and 93 + Reading train!
Unit Size
3,590 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$216
Property Type
House
Property Taxes
$895
HOA Dues
-
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71399972)

Price History

Date / Event Date Event Price
Aug 24, 2012 Sold
Premium
Sold
Jun 21, 2012 Listed by Century 21 Spindler & O'Neil Associates $775,000
Listed by Century 21 Spindler & O'Neil Associates
Apr 7, 2011 Sold
Premium
Sold
Mar 29, 1996 Sold
Premium
Sold
Nov 15, 1995 Listed $289,900
Listed
QUALITY NEW CONSTRUCTION IN SUPERB NEIGHBORHOOD;ON ACRE PLUS LOT. IDEAL FOR NATURE LOVERS. VAULTED FAMILYROOM WITH FIREPLACE OFF KITCHEN, CATH. CEILING MASTER BEDROOM AND BATH. SEE SPECS FOR DETAILS.
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,832
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,590
  • Building Area: 3,590
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,590
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • 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:040.0 B:0000 L:0087.0
  • Lot: 87.0
  • Municipality: NORTH READING
  • Latitude: 42.5631
  • Longitude: -71.0839

    Address

  • Full Address: 17 Heritage Way
  • Address - House Number: 17
  • Address - Street Name: Heritage
  • Address - Suffix Type: Way
  • State: MA
  • City Name: North Reading
  • Carrier Code: C007
  • 4-Digit Zip Code: 2800
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,482,800

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,279,458
  • High Value: 1,505,187
  • Low Value: 1,053,729

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,122,500
  • Assessed Land Value: $453,000
  • Assessed Improvements Value: $669,500

    Sales

  • Current Sale Recording Date: Aug 24, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000018
  • Previous Sale Recording Date: Apr 07, 2011
  • Previous Sale Amount: $3,627
  • Previous Sale Document Type: 27
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71399972

Frequently Asked Questions

When was property at 17 Heritage Way built and last sold?
The property at 17 Heritage Way was built in 1994 and last sold on Jan 1, 1970 for $745,000.
How much is this home worth?
The estimated value of the home located at 17 Heritage Way is $821,745.
What are some comparable homes to 17 Heritage Way?
There are currently no comparable homes to 17 Heritage Way.
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