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Middlesex
299 Elm St
$510,000
● House - Off Market

299 Elm St

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,448 Ft²
$740,015
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Beautifully Renovated Ranch with new Granite Kitchen with Center Island overlooking Fireplaced Living Room, Totally Renovated Bathroom and 3 Bedrooms.  Hardwood floors in bedrooms and Living Room, Tile in Kitchen and Baths...Lower Level nicely finished with big picture window overlooking the backyard...and brand new half bath...all with new heating and central air conditioning system...This house is ready for its new owner, GREAT OPPORTUNITY !!!
Unit Size
1,448 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$345
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1958

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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 #72347077)

Price History

Date / Event Date Event Price
Aug 6, 2018 Sold
Premium
Sold
Jun 15, 2018 Listed by Stone Wall Real Estate $499,900
Listed by Stone Wall Real Estate
Jan 31, 2018 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Frontage Feet: 0
  • Total Building Area: 978
  • Building Area: 978
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 978
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • 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:054.0 B:0000 L:0023.0
  • Lot: 23.0
  • Municipality: NORTH READING
  • Latitude: 42.5777
  • Longitude: -71.0772

    Address

  • Full Address: 299 Elm St
  • Address - House Number: 299
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C007
  • 4-Digit Zip Code: 2530
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $713,600

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 641,768
  • High Value: 757,169
  • Low Value: 526,367

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $540,200
  • Assessed Land Value: $348,200
  • Assessed Improvements Value: $192,000

    Sales

  • Current Sale Recording Date: Aug 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 119390
  • Previous Sale Recording Date: Jan 31, 2018
  • Previous Sale Amount: $225,000
  • 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# 72347077

Frequently Asked Questions

When was property at 299 Elm Street built and last sold?
The property at 299 Elm Street was built in 1958 and last sold on Jan 1, 1970 for $510,000.
How much is this home worth?
The estimated value of the home located at 299 Elm Street is $513,465.
What are some comparable homes to 299 Elm Street?
There are currently no comparable homes to 299 Elm Street.
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