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Middlesex
20 Pine Ridge Road
$253,000
● House - Off Market

20 Pine Ridge Road

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,300 Ft²
$1,219,081
RealtyHop Estimate
351.68%
Since Apr 1, 1996
MA-Boston
Primary Model

About This Property

BUILDERS HOME WITH WONDERFUL FLOOR PLAN. EXTRA LARGE ROOMS, PERFECT HOME FOR ENTERTAINING. EXTRAS GALORE. CORNER TREE STUDDED LOT IN EXECUTIVE NEIGHBORHOOD. AN OPPORTUNITY TO OWN A MAGNIFICENT HOME. BRING YOUR DECORATOR.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$82
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1963

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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 years ago (MLSPIN #30069694)

Price History

Date / Event Date Event Price
Aug 28, 1998 Sold
Premium
Sold
Mar 18, 1996 Sold
Premium
Sold
Sep 21, 1995 Listed $269,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,866
  • Building Area: 3,866
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,866
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • 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:031.0 B:0000 L:0008.0
  • Lot: 8.0
  • Municipality: NORTH READING
  • Latitude: 42.596
  • Longitude: -71.1025

    Address

  • Full Address: 20 Pine Ridge Rd
  • Address - House Number: 20
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1431
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,236,500

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,179,150
  • High Value: 1,385,340
  • Low Value: 972,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $936,000
  • Assessed Land Value: $384,000
  • Assessed Improvements Value: $552,000

    Sales

  • Current Sale Recording Date: Aug 28, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 18, 1996
  • Previous Sale Amount: $253,000
  • 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

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2692 ft²

Average Home Age

62.2 years

Currently For Sale

3220 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30069694

Frequently Asked Questions

When was property at 20 Pine Ridge Road built and last sold?
The property at 20 Pine Ridge Road was built in 1963 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 20 Pine Ridge Road is $0.
What are some comparable homes to 20 Pine Ridge Road?
There are currently no comparable homes to 20 Pine Ridge Road.
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