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Middlesex
2 Virginia Rd
$527,500
● House - Off Market

2 Virginia Rd

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,420 Ft²
$727,601
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

Welcome home to 2 Virginia Road. This gorgeous three-bedroom Ranch tucked away on a lovely tree-lined side street in a wonderful neighborhood is ready for a new owner. Located in the highly sought after Batchelder School District, it features a spacious open floor plan with room for everyone. The recently renovated, well-appointed kitchen boasts plenty of cabinets, gleaming granite countertops, and a large island with additional seating. A spacious dining room, an inviting living room with fireplace, updated bath, and huge family room complete this level. Nothing to do but move in and enjoy the stunning level backyard perfect for entertaining and summer cookouts! A full basement, as well as one-car garage, provide plenty of storage space.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$359
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1955

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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 #72479590)

Price History

Date / Event Date Event Price
Jun 26, 2019 Sold
Premium
Sold
Apr 10, 2019 Listed by Bean Group $509,900
Listed by Bean Group
Apr 30, 2015 Sold
Premium
Sold
Dec 5, 2014 Listed by Bean Group $449,900
Listed by Bean Group
Apr 30, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 1,112
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • 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:074.0 B:0000 L:0045.0
  • Lot: 45.0
  • Municipality: NORTH READING
  • Latitude: 42.5789
  • Longitude: -71.0573

    Address

  • Full Address: 2 Virginia Rd
  • Address - House Number: 2
  • Address - Street Name: Virginia
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 2934
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $765,100

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 713,367
  • High Value: 841,642
  • Low Value: 585,091

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,200
  • Assessed Land Value: $359,800
  • Assessed Improvements Value: $219,400

    Sales

  • Current Sale Contract Date: Jun 26, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88812
  • Previous Sale Recording Date: Apr 30, 2015
  • Previous Sale Amount: $435,000
  • 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

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# 72479590

Frequently Asked Questions

When was property at 2 Virginia Road built and last sold?
The property at 2 Virginia Road was built in 1955 and last sold on Jun 26, 2019 for $527,500.
How much is this home worth?
The estimated value of the home located at 2 Virginia Road is $520,008.
What are some comparable homes to 2 Virginia Road?
There are currently no comparable homes to 2 Virginia Road.
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