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Middlesex
2 Cosmos Street
$595,000
● House - Off Market

2 Cosmos Street

North Reading, MA 01864
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,400 Ft²
$888,227
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

BEAUTIFUL new construction with a view! This 2 bedroom 3.5 bath colonial has 2,400 square feet of living and features a finished basement with an extra room that could be used as an office/playroom/home gym, full bath and a slider to the outside patio and small back yard. The main floor features an open floor concept with gleaming hardwood floors and gorgeous gas fireplace. The third floor offers a master suite including a master bath and walk-in closet, an additional bedroom and full bath. The laundry is conveniently located on the third floor! Close to nearby shopping. Excellent schools and great community. Come see what North Reading has to offer! Call today to see this must see home!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$248
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
2016

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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 #72291437)

Price History

Date / Event Date Event Price
May 10, 2018 Sold
Premium
Sold
Apr 3, 2018 Sold
Premium
Sold
Mar 9, 2018 Listed by Alliance Realty NE, LLC $594,500
Listed by Alliance Realty NE, LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000060
  • 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:009.0 B:0000 L:0085.0
  • Lot: 85.0
  • Municipality: NORTH READING
  • Latitude: 42.5947
  • Longitude: -71.1281

    Address

  • Full Address: 2 Cosmos Rd
  • Address - House Number: 2
  • Address - Street Name: Cosmos
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1151
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $950,500

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 870,837
  • High Value: 1,006,560
  • Low Value: 735,114

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $719,500
  • Assessed Land Value: $288,200
  • Assessed Improvements Value: $431,300

    Sales

  • Current Sale Contract Date: Oct 14, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 200621
  • Previous Sale Recording Date: May 10, 2018
  • Previous Sale Amount: $595,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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# 72291437

Frequently Asked Questions

When was property at 2 Cosmos Street built and last sold?
The property at 2 Cosmos Street was built in 2016 and last sold on Oct 14, 2020 for $726,000.
How much is this home worth?
The estimated value of the home located at 2 Cosmos Street is $627,530.
What are some comparable homes to 2 Cosmos Street?
There are currently no comparable homes to 2 Cosmos Street.
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