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Middlesex
17 Leland Road
$430,000
● House - Off Market

17 Leland Road

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,122 Ft²
$528,092
RealtyHop Estimate
25.77%
Since Feb 1, 2021
MA-Boston
Primary Model

About This Property

This CHARMING CAPE is located on a QUIET STREET with QUICK ACCESS to MAJOR HIGHWAYS.  The PRIVATE YARD is perfect for today's lifestyle.  Enter the home to a SUNNY LIVING SPACE with a COZY WOOD STOVE.  Your KITCHEN features WHITE CABINETRY, a SIZEABLE EATING AREA and opens onto a LARGE DECK overlooking the FABULOUS YARD.  The FIRST FLOOR is completed with a BEDROOM, HALF BATH and WFH space.  Upstairs you have two more  BEDROOMS with AMPLE CLOSET SPACE and a FULL BATH.  Updates include NEW ROOF 2020 and NEWER HEATING & WINDOWS.  Don't miss your opportunity for  HOMEOWNERSHIP in one of Massachusetts FINEST COMMUNITIES!
Unit Size
1,122 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$374
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
1965

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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 years ago (MLSPIN #72742709)

Price History

Date / Event Date Event Price
Jan 11, 2021 Sold
Premium
Sold
Oct 14, 2020 Listed by William Raveis R.E. & Home Services $419,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 744
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,122
  • Building Area: 1,122
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,122
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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:015.0 B:0000 L:0004.0
  • Lot: 4.0
  • Municipality: NORTH READING
  • Latitude: 42.5789
  • Longitude: -71.115

    Address

  • Full Address: 17 Leland Rd
  • Address - House Number: 17
  • Address - Street Name: Leland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R053
  • 4-Digit Zip Code: 1605
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,900

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 548,630
  • High Value: 650,227
  • Low Value: 447,033

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $501,800
  • Assessed Land Value: $332,500
  • Assessed Improvements Value: $169,300

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Jan 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5899
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

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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: 5 years ago
Data Source: MLS PIN, MLS# 72742709

Frequently Asked Questions

When was property at 17 Leland Road built and last sold?
The property at 17 Leland Road was built in 1965 and last sold on Dec 28, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 17 Leland Road is $429,983.
What are some comparable homes to 17 Leland Road?
There are currently no comparable homes to 17 Leland Road.
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