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Middlesex
28 Abbott Road
$400,000
● House - Off Market

28 Abbott Road

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,168 Ft²
$700,487
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Sit back and enjoy this contemporary colonial home set on 1.5 acre level lot in quaint neighborhood close enough to major routes that make this an ideal home for commuters. Light and bright with white kitchen cabinetry and a full wall of sliding glass doors overlooking the picture perfect yard. The first floor has many areas for entertaining with plenty of dining options and a full bath.  There is a fireplace in the family room and the seller is leaving plenty of wood for the new buyer. The formal living room has a built in china cabinet and front office (please pardon the moving boxes). Upstairs has 3 spacious bedrooms and a full bath. There is plenty of storage and a detached garage. The roof on this home is 6 years old and this home has a 1 year Home Warranty included.
Unit Size
2,168 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$184
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1945

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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 #71910285)

Price History

Date / Event Date Event Price
Nov 23, 2015 Sold
Premium
Sold
Sep 24, 2015 Listed by William Raveis R.E. & Home Services $399,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • 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: 466
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,168
  • Building Area: 2,168
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,168
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • 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:015.0 B:0000 L:0016.0
  • Lot: 16.0
  • Municipality: NORTH READING
  • Latitude: 42.5788
  • Longitude: -71.1166

    Address

  • Full Address: 28 Abbott Rd
  • Address - House Number: 28
  • Address - Street Name: Abbott
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R053
  • 4-Digit Zip Code: 1616
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $804,200

    Appraisal Valuation

  • Standard Deviation: 0.1609
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 689,975
  • High Value: 801,035
  • Low Value: 578,914

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $608,800
  • Assessed Land Value: $389,400
  • Assessed Improvements Value: $219,400

    Sales

  • Current Sale Recording Date: Nov 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 199034
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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71910285

Frequently Asked Questions

When was property at 28 Abbott Road built and last sold?
The property at 28 Abbott Road was built in 1945 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 28 Abbott Road is $434,553.
What are some comparable homes to 28 Abbott Road?
There are currently no comparable homes to 28 Abbott Road.
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