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Middlesex
223 Central St
$625,000
● House - Off Market

223 Central St

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,368 Ft²
$1,116,221
RealtyHop Estimate
78.60%
Since May 1, 2015
MA-Boston
Primary Model

About This Property

NEW TO MARKET! Enjoy the sunsets over the golf course from the Farmer's Porch with this stylish colonial set back with large circular drive on 2+ acres complete with in-ground pool with lots of privacy.  Inside you'll be impressed with 3 season porch, 3 fireplaces, first floor bedroom with built ins that make an ideal home office, french doors, hardwood floors throughout, 3 updated baths & family sized maple and granite kitchen, Offers basketball half court, irrigation system, central ac & vac; roof approx 5 years old.
Unit Size
2,368 Ft²
Days on Market
-
Land Size
2.01 acres
Price per sqft
$264
Property Type
House
Property Taxes
$811
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71801465)

Price History

Date / Event Date Event Price
Jun 15, 2021 Sold
Premium
Sold
Apr 27, 2021 Listed by Century 21 Spindler & O'Neil Associates $749,000
Listed by Century 21 Spindler & O'Neil Associates
Apr 30, 2015 Sold
Premium
Sold
Mar 15, 2015 Listed by Century 21 Spindler & O'Neil Associates $625,000
Listed by Century 21 Spindler & O'Neil Associates
Feb 25, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Building Condition: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,472
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 2,368
  • Gross Building Area: 3,840
  • Building Area: 2,368
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,368
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002010
  • 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: 330100

Zoning

  • Zoning: RA

Geography

  • Parcel: NREA M:28-P:042
  • Municipality: NORTH READING
  • Latitude: 42.5945
  • Longitude: -71.1053

    Address

  • Full Address: 223 Central St
  • Address - House Number: 223
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1365
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,072,721

    Appraisal Valuation

  • Standard Deviation: 0.0825
  • Valuation Date: Jun 30, 2021
  • Confidence Score: 93
  • Final Value: 751,404
  • High Value: 813,459
  • Low Value: 689,349

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $673,100
  • Assessed Land Value: $308,700
  • Assessed Improvements Value: $364,400

    Sales

  • Current Sale Recording Date: Apr 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61940
  • Previous Sale Recording Date: Feb 25, 1999
  • Previous Sale Amount: $300,000
  • 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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71801465

Frequently Asked Questions

When was property at 223 Central Street built and last sold?
The property at 223 Central Street was built in 1969 and last sold on Jan 1, 1970 for $625,000.
How much is this home worth?
The estimated value of the home located at 223 Central Street is $769,186.
What are some comparable homes to 223 Central Street?
There are currently no comparable homes to 223 Central Street.
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