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Middlesex
175 Central Street
Photo of 175 Central Street
Sold on Aug 26, 2025

42

Map

Photo of 175 Central Street
Photo of 175 Central Street
$901,000
● House - Off Market

175 Central Street

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,396 Ft²
$5,199
Est. Monthly
3.36%
Cap Rate

About This Property

Get ready to be wowed by how much space this stunning home offers! Set on a sprawling lot, it blends modern style with comfort, featuring an updated kitchen with quartz counters that opens to a fireplace dining room with bay window and built-ins. The showstopper? A vaulted-ceiling living/family room with direct access to the dream backyard! The main level has 3 bedrooms, including a luxurious primary bedroom with custom walk-in closet, a spa-like bath with double sinks. Need more? The full walkout lower level is perfect for guests, in-laws, a playroom, office, or creative space-so many possibilities! Enjoy breathtaking views from both levels of the oversized patio, firepit, hot tub, and massive deck. It's your ultimate space to entertain, unwind, and live your best life! An exceptional opportunity!
Unit Size
2,396 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$375
Property Type
House
Property Taxes
$784
HOA Dues
-
Year Built
1962

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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: 2 years ago (MLSPIN #73406094)

Price History

Date / Event Date Event Price
Aug 26, 2025 Sold
Premium
Sold
Jul 23, 2025 In contract -
In contract
Jul 17, 2025 Listed by Brad Hutchinson Real Estate $899,000
Listed by Brad Hutchinson Real Estate
Aug 16, 2021 Sold
Premium
Sold
Jun 1, 2021 Listed by Brad Hutchinson Real Estate $629,900
Listed by Brad Hutchinson Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 124
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,787
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,498
  • Building Area: 1,498
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,498
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001120
  • 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:032.0 B:0000 L:0012.0
  • Lot: 12.0
  • Municipality: NORTH READING
  • Latitude: 42.589
  • Longitude: -71.0993

    Address

  • Full Address: 175 Central St
  • Address - House Number: 175
  • 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: $921,300

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 817,524
  • High Value: 960,493
  • Low Value: 674,555

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $697,400
  • Assessed Land Value: $384,800
  • Assessed Improvements Value: $312,600

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1890526
  • Previous Sale Recording Date: Aug 10, 1993
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 43
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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73406094

Frequently Asked Questions

When was property at 175 Central Street built and last sold?
The property at 175 Central Street was built in 1962 and last sold on Aug 5, 2021 for $760,000.
How much is this home worth?
The estimated value of the home located at 175 Central Street is $906,010.
What are some comparable homes to 175 Central Street?
There are currently no comparable homes to 175 Central Street.
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