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Middlesex
18 Meade Rd
Photo of 18 Meade Rd
Sold on Jan 31, 2006

1

Map

$347,500
● House - Off Market

18 Meade Rd

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,292 Ft²
$671,792
RealtyHop Estimate
81.61%
Since Feb 1, 2006
MA-Boston
Primary Model

About This Property

Modern Kitchen and bath 3-4 bedroom Cape.  Move-in condition in quiet neighborhood on level lot.  Walking distamce to schools. Exterior freshly painted, new roof, 1 car garage and 1st fl. Fam/Sunroom sliders lead to deck and yard. Can be used as 3 bedrooms and Dining Room or 4 bedrooms.  Gorgeous hardwood floors.  Updated Electric, newer Heating system. Clean walk-out basement with great potential.  1 yr Century 21 Home Protection Plan included.
Unit Size
1,292 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$286
Property Type
House
Property Taxes
$333
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: 4 months ago (MLSPIN #70299235)

Price History

Date / Event Date Event Price
Jan 31, 2006 Sold
Premium
Sold
Nov 29, 2005 Listed $369,900
Listed

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 768
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,292
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: RB

Geography

  • District: 213
  • Parcel: NREA M:042.0 B:0000 L:0151.0
  • Lot: 151.0
  • Municipality: NORTH READING
  • Latitude: 42.5777
  • Longitude: -71.0895

    Address

  • Full Address: 18 Meade Rd
  • Address - House Number: 18
  • Address - Street Name: Meade
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R053
  • 4-Digit Zip Code: 3306
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $740,700

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 679,454
  • High Value: 801,631
  • Low Value: 557,277

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,700
  • Assessed Land Value: $362,500
  • Assessed Improvements Value: $198,200

    Sales

  • Current Sale Recording Date: Jan 31, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00019712
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70299235

Frequently Asked Questions

When was property at 18 Meade Road built and last sold?
The property at 18 Meade Road was built in 1965 and last sold on Jan 1, 1970 for $347,500.
How much is this home worth?
The estimated value of the home located at 18 Meade Road is $383,347.
What are some comparable homes to 18 Meade Road?
There are currently no comparable homes to 18 Meade Road.
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