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Middlesex
2 Marshall Street
$404,000
● House - Off Market

2 Marshall Street

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
99,999 Ft²
$913,378
RealtyHop Estimate
117.52%
Since Feb 1, 2003
MA-Boston
Primary Model

About This Property

OWNERS PRIDE SHOWS THRU-OUT THIS IMMAC SIDE ENTR COL IN CHESTNUT VILLAGE. BEAUT UPDATED E-I KIT, FORMAL DR & FP LR. GLEAMING HARDWOOD FLOORS, FINISHED BASEMENT, BREEZEWAY AND 2 CAR GARAGE. SHOWINGS START 10/13 SUNDAY O.H.
Unit Size
99,999 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$4
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1956

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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 #30657165)

Price History

Date / Event Date Event Price
Jan 9, 2003 Sold
Premium
Sold
Oct 11, 2002 Listed by Re/max Top Achievers, Inc. $419,900
Listed by Re/max Top Achievers, Inc.
Jan 12, 1998 Sold
Premium
Sold
Nov 10, 1997 Listed by Re/max Top Achievers, Inc. $250,000
Listed by Re/max Top Achievers, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • 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: 648
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,323
  • Building Area: 1,323
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,323
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • 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:056.0 B:0000 L:0005.0
  • Lot: 5.0
  • Municipality: NORTH READING
  • Latitude: 42.5637
  • Longitude: -71.0719

    Address

  • Full Address: 2 Marshall St
  • Address - House Number: 2
  • Address - Street Name: Marshall
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 3023
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $926,300

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 824,934
  • High Value: 952,868
  • Low Value: 696,999

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $701,200
  • Assessed Land Value: $389,000
  • Assessed Improvements Value: $312,200

    Sales

  • Current Sale Recording Date: Jan 09, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 196
  • Previous Sale Recording Date: Jan 12, 1998
  • Previous Sale Amount: $245,000
  • 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:

$810,000

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# 30657165

Frequently Asked Questions

When was property at 2 Marshall Street built and last sold?
The property at 2 Marshall Street was built in 1956 and last sold on Jan 1, 1970 for $404,000.
How much is this home worth?
The estimated value of the home located at 2 Marshall Street is $2,707,711.
What are some comparable homes to 2 Marshall Street?
There are currently no comparable homes to 2 Marshall Street.
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