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Middlesex
26 Nutter Rd
$603,000
● House - Off Market

26 Nutter Rd

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,672 Ft²
$548,478
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

Live in North Reading Great Location, Great schools, Great price, solid house just needs cosmetic updating this one won't last... Bright and cheerful Cape with 4 good size bedrooms and a large level lot. Newer furnace and tank-less water heater. Just passed title 5, generac generator, walk to elementary school, plenty of shopping nearby and a great commuter location. The group showing for Friday 6/23 has been cancelled!
Unit Size
2,672 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$206
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1950

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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 #73126081)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
Jun 22, 2023 In contract -
In contract
Jun 16, 2023 Listed by Unique Realty , LLC $549,900
Listed by Unique Realty , LLC
Mar 30, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 988
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,684
  • Building Area: 1,684
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,684
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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: RA

Geography

  • District: 213
  • Parcel: NREA M:023.0 B:0000 L:0001.0
  • Lot: 1.0
  • Municipality: NORTH READING
  • Latitude: 42.5678
  • Longitude: -71.1143

    Address

  • Full Address: 26 Nutter Rd
  • Address - House Number: 26
  • Address - Street Name: Nutter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R054
  • 4-Digit Zip Code: 2104
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $855,200

    Appraisal Valuation

  • Standard Deviation: 0.1835
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 643,489
  • High Value: 761,606
  • Low Value: 525,371

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $647,400
  • Assessed Land Value: $341,900
  • Assessed Improvements Value: $305,500

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77669
  • Previous Sale Recording Date: Jul 14, 2023
  • Previous Sale Contract Date: Jul 14, 2023
  • Previous Sale Amount: $523,000
  • 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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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# 73126081

Frequently Asked Questions

When was property at 26 Nutter Road built and last sold?
The property at 26 Nutter Road was built in 1950 and last sold on Jul 14, 2023 for $603,000.
How much is this home worth?
The estimated value of the home located at 26 Nutter Road is $592,013.
What are some comparable homes to 26 Nutter Road?
There are currently no comparable homes to 26 Nutter Road.
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