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Middlesex
22 Algonquin Road
$440,300
● House - Off Market

22 Algonquin Road

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,902 Ft²
$823,201
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

Beautifully maintained colonial with large lot located at the end of the street for privacy. This beautiful colonial has an open floor plan that is great for entertaining. Living room and dining room have wood burning fireplace and hardwood flooring. Kitchen has working area and separate dining area that overlooks the deck and professionally landscaped yard. First floor laundry. Updated half bath. Second floor has front-to-back master bedroom with double closets, hardwood floors and private 3/4 bath. Two other bedrooms are good size and one of them has a large walk-in closet. Finished lower level family room with new carpet and plenty of storage. Attached garage. All this convenient to playground area, shopping and Rtes 125 and 93!
Unit Size
1,902 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$237
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
2000

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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 #71757282)

Price History

Date / Event Date Event Price
May 4, 2021 Sold
Premium
Sold
Mar 29, 2021 Listed by William Raveis R.E. & Home Services $599,000
Listed by William Raveis R.E. & Home Services
Nov 24, 2014 Sold
Premium
Sold
Oct 15, 2014 Listed by William Raveis R.E. & Home Services $449,900
Listed by William Raveis R.E. & Home Services
Jul 28, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 912
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,057
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,902
  • Building Area: 1,902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,902
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • 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:008.0 B:0000 L:0015.0
  • Lot: 15.0
  • Municipality: NORTH READING
  • Latitude: 42.5893
  • Longitude: -71.1308

    Address

  • Full Address: 22 Algonquin Rd
  • Address - House Number: 22
  • Address - Street Name: Algonquin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1108
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $898,800

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 766,391
  • High Value: 900,417
  • Low Value: 632,364

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $680,400
  • Assessed Land Value: $288,500
  • Assessed Improvements Value: $391,900

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101308
  • Previous Sale Recording Date: Nov 24, 2014
  • Previous Sale Amount: $440,300
  • 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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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# 71757282

Frequently Asked Questions

When was property at 22 Algonquin Road built and last sold?
The property at 22 Algonquin Road was built in 2000 and last sold on May 4, 2021 for $652,000.
How much is this home worth?
The estimated value of the home located at 22 Algonquin Road is $637,350.
What are some comparable homes to 22 Algonquin Road?
There are currently no comparable homes to 22 Algonquin Road.
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