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Middlesex
22 Swan Pond Rd
$705,000
● House - Off Market

22 Swan Pond Rd

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,848 Ft²
$777,350
RealtyHop Estimate
19.61%
Since Apr 1, 2021
MA-Boston
Primary Model

About This Property

There's no need to drive up north when you see this sprawling ONE OWNER home on EXPANSIVE 3 ACRE LOT nestled in the pines in the BATCHELDER SCHOOL DISTRICT.   There's plenty of room, 1800 s.f. plus unlimited expansion potential in this THREE BEDROOM, two bath home with 2 car garage.   Modern EAT-IN kitchen with WHITE CABINETRY, GRANITE COUNTERS, & STAINLESS APPLIANCES leads to FORMAL DINING ROOM with SLIDER to DECK overlooking SPECTACULAR PRIVATE BACKYARD.  Enjoy a good book by the fire in this Spacious LIVING ROOM loaded with natural light.  There's THREE BEDROOMS and all HARDWOOD FLOORS on the main level. Downstairs you will love the large LAUNDRY/MUD ROOM , and the front to back family room/game room  All this on a quiet dead end street SO CLOSE to TOWN, yet  when you get home, you feel like you are on vacation.
Unit Size
1,848 Ft²
Days on Market
-
Land Size
2.90 acres
Price per sqft
$352
Property Type
House
Property Taxes
$684
HOA Dues
-
Year Built
1985

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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: 5 years ago (MLSPIN #72784308)

Price History

Date / Event Date Event Price
Mar 29, 2021 Sold
Premium
Sold
Feb 10, 2021 Listed by Classified Realty Group $649,900
Listed by Classified Realty Group

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,200
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 126,324
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,286
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002900
  • 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:0051.0
  • Lot: 51.0
  • Municipality: NORTH READING
  • Latitude: 42.5779
  • Longitude: -71.0537

    Address

  • Full Address: 22 Swan Pond Rd
  • Address - House Number: 22
  • Address - Street Name: Swan Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C004
  • 4-Digit Zip Code: 2943
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $916,600

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 838,764
  • High Value: 968,844
  • Low Value: 708,685

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $693,900
  • Assessed Land Value: $406,500
  • Assessed Improvements Value: $287,400

    Sales

  • Current Sale Contract Date: Mar 29, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69611
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:

$819,999

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2706 ft²

Average Home Age

65.3 years

Currently For Sale

3031 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: 5 years ago
Data Source: MLS PIN, MLS# 72784308

Frequently Asked Questions

When was property at 22 Swan Pond Road built and last sold?
The property at 22 Swan Pond Road was built in 1985 and last sold on Mar 29, 2021 for $705,000.
How much is this home worth?
The estimated value of the home located at 22 Swan Pond Road is $671,047.
What are some comparable homes to 22 Swan Pond Road?
There are currently no comparable homes to 22 Swan Pond Road.
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