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Middlesex
3 Comeau Rd
$258,000
● House - Off Market

3 Comeau Rd

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$563,995
RealtyHop Estimate
107.35%
Since Jun 1, 2012
MA-Boston
Primary Model

About This Property

Located in the Martins Pond area this 3 bedroom ranch has it all,fireplaced living room for the winter and central air for the summer.All new paint throughout with new laminate floors ,new roof and bathroom update.New ceiling in family room with an adjacent large storage room ,kitchen has been updated ,new sink countertops.Title 5 has been done with in the past month and passed(newer system).A short walk to Martins pond rec area swimming and fishing.Many new updates to make this a great home.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$247
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1962

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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 #71330586)

Price History

Date / Event Date Event Price
May 31, 2012 Sold
Premium
Sold
Jan 24, 2012 Listed by RE/MAX Prestige $272,000
Listed by RE/MAX Prestige
Jul 9, 2009 Sold
Premium
Sold
Feb 2, 2009 Listed by RE/MAX Prestige $259,900
Listed by RE/MAX Prestige

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • 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: RB

Geography

  • District: 213
  • Parcel: NREA M:009.0 B:0000 L:0067.0
  • Lot: 67.0
  • Municipality: NORTH READING
  • Latitude: 42.5984
  • Longitude: -71.1311

    Address

  • Full Address: 3 Comeau Rd
  • Address - House Number: 3
  • Address - Street Name: Comeau
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1005
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $633,900

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 569,420
  • High Value: 664,787
  • Low Value: 474,054

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,900
  • Assessed Land Value: $317,200
  • Assessed Improvements Value: $162,700

    Sales

  • Current Sale Recording Date: May 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000160
  • Previous Sale Recording Date: Jul 09, 2009
  • Previous Sale Amount: $257,000
  • Previous Sale Document Type: 48
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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# 71330586

Frequently Asked Questions

When was property at 3 Comeau Road built and last sold?
The property at 3 Comeau Road was built in 1962 and last sold on Jan 1, 1970 for $258,000.
How much is this home worth?
The estimated value of the home located at 3 Comeau Road is $286,250.
What are some comparable homes to 3 Comeau Road?
There are currently no comparable homes to 3 Comeau Road.
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