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Middlesex
29 Abbott Rd
$440,000
● House - Off Market

29 Abbott Rd

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,591 Ft²
$696,372
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Absolutely beautiful  pristine and spacious 4 br Cape situated on a gorgeous dead end, corner lot  with  a  cul-de-sac of lovely homes. Enjoy summer barbecues on the  deck overlooking a spectacular manicured lawn.  You will love the open floor plan, has a Large Eat in Kitchen with Stainless appliances, Huge diningroom(could be used as a living room) hardwood floors,  and plenty of space for everyone.  Everything has been updated all you need to do is move in. You will see pride of ownership everywhere you turn.   Any and all offers to be presented Sunday 6pm. Showings to begin immediately.
Unit Size
1,591 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$251
Property Type
House
Property Taxes
$491
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: 5 months ago (MLSPIN #71844841)

Price History

Date / Event Date Event Price
Jun 30, 2015 Sold
Premium
Sold
May 27, 2015 Listed by Dooley and Mason Realty Group $399,900
Listed by Dooley and Mason Realty Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,290
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,591
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • 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:0038.0
  • Lot: 38.0
  • Municipality: NORTH READING
  • Latitude: 42.5795
  • Longitude: -71.1173

    Address

  • Full Address: 29 Abbott Rd
  • Address - House Number: 29
  • Address - Street Name: Abbott
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R053
  • 4-Digit Zip Code: 1601
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $827,900

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 695,576
  • High Value: 817,349
  • Low Value: 573,804

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $626,700
  • Assessed Land Value: $349,300
  • Assessed Improvements Value: $277,400

    Sales

  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103454

    Financing

  • First Mortgage Financing Type: UNK
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

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2692 ft²

Average Home Age

62.2 years

Currently For Sale

3220 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# 71844841

Frequently Asked Questions

When was property at 29 Abbott Road built and last sold?
The property at 29 Abbott Road was built in 1950 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 29 Abbott Road is $422,818.
What are some comparable homes to 29 Abbott Road?
There are currently no comparable homes to 29 Abbott Road.
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