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Middlesex
18 Sunset Avenue
$699,999
● House - Off Market

18 Sunset Avenue

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,986 Ft²
$738,564
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Offer accepted. OPEN HOUSE CANCELLED - This TURN KEY home has the space you have been looking for all in a fabulous rarely available location. Ideal floorplan features kitchen with STAINLESS STEEL APPLIANCES , dining space, and OVERSIZED  living room. With three ample sized bedrooms, two full baths, and a flexible lower level this space is sure to suit you. Lower level has a potential 4th bedroom and fireplaced familyroom. The expansive lot (1.5 acres)  is perfect for all of your spring/summer gatherings. Newer roof, two car garage, 3 season porch, shed and updated bath are just a few of the highlights you won't want to miss. Make this bright and fresh home yours today!
Unit Size
1,986 Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$352
Property Type
House
Property Taxes
$721
HOA Dues
-
Year Built
1964

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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 #73018330)

Price History

Date / Event Date Event Price
Sep 13, 2022 Sold
Premium
Sold
Jul 28, 2022 Listed by Classified Realty Group $699,900
Listed by Classified Realty Group
Oct 17, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,126
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,362
  • Building Area: 1,362
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,362
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001541
  • 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:0095.0
  • Lot: 95.0
  • Municipality: NORTH READING
  • Latitude: 42.5932
  • Longitude: -71.0974

    Address

  • Full Address: 18 Sunset Ave
  • Address - House Number: 18
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: North Reading
  • Carrier Code: C006
  • 4-Digit Zip Code: 1427
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $872,100

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 746,197
  • High Value: 907,421
  • Low Value: 584,972

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $660,200
  • Assessed Land Value: $394,300
  • Assessed Improvements Value: $265,900

    Sales

  • Current Sale Contract Date: Sep 12, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 138991
  • Previous Sale Recording Date: Oct 17, 2008
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: 27
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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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: 4 months ago
Data Source: MLS PIN, MLS# 73018330

Frequently Asked Questions

When was property at 18 Sunset Avenue built and last sold?
The property at 18 Sunset Avenue was built in 1964 and last sold on Sep 12, 2022 for $699,999.
How much is this home worth?
The estimated value of the home located at 18 Sunset Avenue is $717,349.
What are some comparable homes to 18 Sunset Avenue?
There are currently no comparable homes to 18 Sunset Avenue.
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