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Middlesex
18 Poplar Terrace
$299,000
● House - Off Market

18 Poplar Terrace

North Reading, MA 01864
bedrooms
2 Beds
bathrooms
1 Bath
square feet
756 Ft²
$1,922
Est. Monthly

About This Property

Bring your design ideas and explore the charm and affordability of this 2-bedroom, 1-bath bungalow located adjacent to the beautiful Martins Pond! Embrace convenient one-floor living, complete with a cozy sun porch and a spacious basement for your customization – whether it's a workshop, office, or additional living space. This home won't last. Don't miss the chance to make it yours, tailored to your taste. Come and see for yourself today! *A minimum of 24-hours is requested on all offers.
Unit Size
756 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$396
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1930

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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 months ago (MLSPIN #73181239)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Dec 1, 2023 Sold
Premium
Sold
Nov 20, 2023 In contract -
In contract
Nov 17, 2023 Listed by Compass $299,000
Listed by Compass

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 882
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Frontage Feet: 0
  • Total Building Area: 756
  • Building Area: 756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 756
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: RB

Geography

  • District: 213
  • Parcel: NREA M:008.0 B:0000 L:0180.0
  • Lot: 180.0
  • Municipality: NORTH READING
  • Latitude: 42.5925
  • Longitude: -71.127

    Address

  • Full Address: 18 Poplar Ter
  • Address - House Number: 18
  • Address - Street Name: Poplar
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1138
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $548,200

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 429,249
  • High Value: 504,277
  • Low Value: 354,221

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $415,000
  • Assessed Land Value: $277,200
  • Assessed Improvements Value: $137,800

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10450
  • Previous Sale Recording Date: Dec 01, 2023
  • Previous Sale Contract Date: Nov 28, 2023
  • Previous Sale Amount: $299,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65 years

Currently For Sale

3272 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: 5 months ago
Data Source: MLS PIN, MLS# 73181239

Frequently Asked Questions

When was property at 18 Poplar Terrace built and last sold?
The property at 18 Poplar Terrace was built in 1930 and last sold on Jan 31, 2024 for $302,689.
How much is this home worth?
The estimated value of the home located at 18 Poplar Terrace is $305,451.
What are some comparable homes to 18 Poplar Terrace?
There are currently no comparable homes to 18 Poplar Terrace.
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