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Middlesex
3 James Millen Road
$965,000
● House - Off Market

3 James Millen Road

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,067 Ft²
$1,419,370
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

STUNNING & TIMELESS 4 bedroom 2.5 bath TRADITIONAL FARMHOUSE in PRISTINE condition situated on wooded 1 acre lot in very desirable  MACINTYRE CROSSING. OPEN  FLOOR PLAN includes SPACIOUS family room with STONE FIREPLACE which offers LUXURY & COMFORT, HARDWOOD FLOORS in Kitchen, Dining room & Living room, OVERSIZED  MASTER  BEDROOM SUITE and  magnificent FARMER'S PORCH, This BEAUTIFUL HOME has been METICULOUSLY maintained.  Don't miss this special home! Please view the video with great views ot the neighborhood pool & playground!
Unit Size
3,067 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$310
Property Type
House
Property Taxes
$1,089
HOA Dues
$83
Year Built
2000

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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 #72291428)

Price History

Date / Event Date Event Price
Apr 25, 2018 Sold
Premium
Sold
Mar 9, 2018 Listed by Classified Realty Group $950,000
Listed by Classified Realty Group
Mar 3, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 8
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,545
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,249
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,067
  • Building Area: 3,067
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,067
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000924
  • 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: RR

Geography

  • District: 213
  • Parcel: NREA M:074.0 B:0000 L:0104.0
  • Lot: 104.0
  • Municipality: NORTH READING
  • Latitude: 42.5791
  • Longitude: -71.049

    Address

  • Full Address: 3 James Millen Rd
  • Address - House Number: 3
  • Address - Street Name: James Millen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C004
  • 4-Digit Zip Code: 2985
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,666,700

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,382,213
  • High Value: 1,599,100
  • Low Value: 1,165,326

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,261,700
  • Assessed Land Value: $457,600
  • Assessed Improvements Value: $804,100

    Sales

  • Current Sale Recording Date: Apr 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56277
  • Previous Sale Recording Date: Mar 03, 2000
  • Previous Sale Amount: $564,941
  • Previous Sale Document Type: 27
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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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# 72291428

Frequently Asked Questions

When was property at 3 James Millen Road built and last sold?
The property at 3 James Millen Road was built in 2000 and last sold on Jan 1, 1970 for $965,000.
How much is this home worth?
The estimated value of the home located at 3 James Millen Road is $982,808.
What are some comparable homes to 3 James Millen Road?
There are currently no comparable homes to 3 James Millen Road.
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