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Middlesex
24 Oakhurst Terrace
$237,000
● House - Off Market

24 Oakhurst Terrace

North Reading, MA 01864
bedrooms
2 Beds
bathrooms
1 Bath
square feet
715 Ft²
$406,845
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Why travel when you can have it all here in North Reading all year long!! Water front property right on Martins Pond: that allows fishing, boating and snowmobiling. This home has new a new kitchen, updated bathroom, new carpeting, electric, plumbing, siding, and roof. Just turn the key, move in, and enjoy!!
Unit Size
715 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$328
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1930

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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 months ago (MLSPIN #71850467)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by Showcase Of Homes, REALTORS® $389,900
Listed by Showcase Of Homes, REALTORS®
May 30, 2018 Sold
Premium
Sold
Sep 29, 2017 Sold
Premium
Sold
Jul 27, 2015 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,044
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 715
  • Gross Building Area: 715
  • Building Area: 715
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 715
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000040
  • 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: 330200

Zoning

  • Zoning: RB

Geography

  • Parcel: NREA M:08-P:256
  • Municipality: NORTH READING
  • Latitude: 42.5927
  • Longitude: -71.1257

    Address

  • Full Address: 24 Oakhurst Ter
  • Address - House Number: 24
  • Address - Street Name: Oakhurst
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: North Reading
  • Carrier Code: R001
  • 4-Digit Zip Code: 1129
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $618,898

    Appraisal Valuation

  • Standard Deviation: 0.1526
  • Valuation Date: Aug 18, 2021
  • Confidence Score: 81
  • Final Value: 363,432
  • High Value: 418,907
  • Low Value: 307,957

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $329,500
  • Assessed Land Value: $241,400
  • Assessed Improvements Value: $88,100

    Sales

  • Current Sale Recording Date: May 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75202
  • Previous Sale Recording Date: Sep 29, 2017
  • Previous Sale Amount: $267,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.4 years

Currently For Sale

3328 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: 5 months ago
Data Source: MLS PIN, MLS# 71850467

Frequently Asked Questions

When was property at 24 Oakhurst Terrace built and last sold?
The property at 24 Oakhurst Terrace was built in 1930 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 24 Oakhurst Terrace is $394,792.
What are some comparable homes to 24 Oakhurst Terrace?
There are currently no comparable homes to 24 Oakhurst Terrace.
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