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Middlesex
3 Berridge Way
$965,000
● House - Off Market

3 Berridge Way

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,927 Ft²
$1,242,028
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Beautiful Colonial located on cul-de-sac across from Hillview Country Club, 4 bedrooms, 21x25 spacious master suite with hardwood floors, 2 walk in closets, beautiful master bath with soaking tub and large shower with multiple sprays. White kitchen with entrance to newer sunroom with slider to deck and upscale Anderson windows, finished lower level with lots of closets ,wet bar, full bath, lower level has CAT wiring for internet , gas heat/ central air with Nest Thermostats, 2 car garage, mostly freshly paint inside and out, a true gem!    Home has 1 year AHS warranty included,   offers presented as they come in.
Unit Size
3,927 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$242
Property Type
House
Property Taxes
$1,093
HOA Dues
-
Year Built
1999

Payment Calculator

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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 #72679992)

Price History

Date / Event Date Event Price
Sep 2, 2020 Sold
Premium
Sold
Jun 23, 2020 Listed by Coldwell Banker Realty - Lynnfield $949,900
Listed by Coldwell Banker Realty - Lynnfield
Jun 11, 2012 Sold
Premium
Sold
Mar 28, 2012 Listed by Coldwell Banker Realty - Lynnfield $699,999
Listed by Coldwell Banker Realty - Lynnfield
Aug 15, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,267
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,643
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,167
  • Building Area: 3,167
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,167
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000956
  • 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: 330201

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:027.0 B:0000 L:0064.0
  • Lot: 64.0
  • Municipality: NORTH READING
  • Latitude: 42.589
  • Longitude: -71.113

    Address

  • Full Address: 3 Berridge Way
  • Address - House Number: 3
  • Address - Street Name: Berridge
  • Address - Suffix Type: Way
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1368
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,485,500

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,312,433
  • High Value: 1,543,980
  • Low Value: 1,080,886

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,124,500
  • Assessed Land Value: $455,000
  • Assessed Improvements Value: $669,500

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 152189
  • Previous Sale Recording Date: Jun 11, 2012
  • Previous Sale Amount: $680,000
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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# 72679992

Frequently Asked Questions

When was property at 3 Berridge Way built and last sold?
The property at 3 Berridge Way was built in 1999 and last sold on Aug 14, 2020 for $965,000.
How much is this home worth?
The estimated value of the home located at 3 Berridge Way is $999,014.
What are some comparable homes to 3 Berridge Way?
There are currently no comparable homes to 3 Berridge Way.
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