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Middlesex
26 Orchard Dr
$770,000
● House - Off Market

26 Orchard Dr

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,667 Ft²
$796,895
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Picture perfect Garrison Colonial! Turnkey 4 bed 1.5 bath with oversized 2 car garage welcomes you the moment the facade comes into view. Once inside, delight in the floor plan with great flow between all rooms, the modern kitchen with natural granite countertops, stainless steel appliances, coffee bar, and shiplap backsplash that carries to the living room accent wall and beautifully frames the brick fireplace. Additional notable features include hardwood floors throughout almost every room, feature piece bow window, vaulted ceiling 3 season porch, private wooded backyard, and expansion potential in the lower level. The ideal North Reading location completes the package. Welcome home!
Unit Size
2,667 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$281
Property Type
House
Property Taxes
$725
HOA Dues
-
Year Built
1968

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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 #73034194)

Price History

Date / Event Date Event Price
Oct 24, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $557,500
Relisted
Sep 16, 2022 In contract -
In contract
Sep 8, 2022 Listed by Coldwell Banker Realty - Boston $750,000
Listed by Coldwell Banker Realty - Boston
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • 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: 744
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,105
  • Building Area: 2,105
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,105
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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:053.0 B:0000 L:0088.0
  • Lot: 88.0
  • Municipality: NORTH READING
  • Latitude: 42.5814
  • Longitude: -71.0711

    Address

  • Full Address: 26 Orchard Dr
  • Address - House Number: 26
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 2436
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $968,000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 889,366
  • High Value: 1,035,687
  • Low Value: 743,045

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $732,800
  • Assessed Land Value: $362,500
  • Assessed Improvements Value: $370,300

    Sales

  • Current Sale Contract Date: Oct 24, 2022
  • Current Sale Recording Date: Oct 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 158000
  • Previous Sale Recording Date: Jun 11, 2019
  • Previous Sale Contract Date: May 20, 2019
  • Previous Sale Amount: $557,500
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73034194

Frequently Asked Questions

When was property at 26 Orchard Drive built and last sold?
The property at 26 Orchard Drive was built in 1968 and last sold on Oct 24, 2022 for $770,000.
How much is this home worth?
The estimated value of the home located at 26 Orchard Drive is $773,741.
What are some comparable homes to 26 Orchard Drive?
There are currently no comparable homes to 26 Orchard Drive.
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