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Middlesex
18 Strawberry Lane
$650,000
● House - Off Market

18 Strawberry Lane

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,156 Ft²
$1,127,716
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Back on Market....price reduced...Come enjoy this conveniently located Private 1 Acre lot in the Batchelder school district. The heated in-ground Pool looks beautiful and inviting. The Kitchen and the baths have been updated. You will spend most of your time in this sun room nestled among the private serene woods.
Unit Size
2,156 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$301
Property Type
House
Property Taxes
$725
HOA Dues
-
Year Built
1981

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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 #71847598)

Price History

Date / Event Date Event Price
Jul 31, 2015 Sold
Premium
Sold
May 30, 2015 Listed by Renaissance REALTORS® $650,000
Listed by Renaissance REALTORS®

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,352
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 330101

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:052.0 B:0000 L:0090.0
  • Lot: 90.0
  • Municipality: NORTH READING
  • Latitude: 42.5842
  • Longitude: -71.0704

    Address

  • Full Address: 18 Strawberry Ln
  • Address - House Number: 18
  • Address - Street Name: Strawberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: North Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 2454
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,025,500

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 921,524
  • High Value: 1,083,280
  • Low Value: 759,768

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $776,300
  • Assessed Land Value: $412,500
  • Assessed Improvements Value: $363,800

    Sales

  • Current Sale Recording Date: Jul 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126829
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:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2709 ft²

Average Home Age

65.2 years

Currently For Sale

3095 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# 71847598

Frequently Asked Questions

When was property at 18 Strawberry Lane built and last sold?
The property at 18 Strawberry Lane was built in 1981 and last sold on Jan 1, 1970 for $650,000.
How much is this home worth?
The estimated value of the home located at 18 Strawberry Lane is $673,439.
What are some comparable homes to 18 Strawberry Lane?
There are currently no comparable homes to 18 Strawberry Lane.
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