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Middlesex
3 Pine Ridge Road
$565,000
● House - Off Market

3 Pine Ridge Road

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,509 Ft²
$814,182
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Move right into this home located in the DESIRABLE PINE RIDGE NEIGHBORHOOD! The main level has a BEAUTIFULLY UPDATED eat in kitchen with oversized island, GRANITE and STAINLESS STEEL appliances. The layout is great for entertaining. The kitchen flows into the SPACIOUS & BRIGHT living room with skylight, bay window, HARDWOOD FLOORS & FIREPLACE. First floor also includes 3 bedrooms with hardwood floors, FULL BATH AND 1/2 BATH IN THE MASTER BEDROOM. Lower level features FLEXIBLE floor plan with 4th bedroom/office, full bath, and fireplaced family room.  Other features include 2 CAR ATTACHED GARAGE, MUDROOM, large deck overlooking the INGROUND POOL, FENCED YARD and storage shed. All Conveniently located minutes from the major highways and shopping.
Unit Size
2,509 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$219
Property Type
House
Property Taxes
$710
HOA Dues
-
Year Built
1960

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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 #72346174)

Price History

Date / Event Date Event Price
Jul 26, 2018 Sold
Premium
Sold
Jun 14, 2018 Listed by Classified Realty Group $549,900
Listed by Classified Realty Group
Apr 28, 2009 Sold
Premium
Sold
Oct 2, 2008 Listed by Classified Realty Group $475,000
Listed by Classified Realty Group
Dec 1, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 1,056
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,453
  • Building Area: 1,453
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,453
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • 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: 330102

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:032.0 B:0000 L:0061.0
  • Lot: 61.0
  • Municipality: NORTH READING
  • Latitude: 42.5926
  • Longitude: -71.0995

    Address

  • Full Address: 3 Pine Ridge Rd
  • Address - House Number: 3
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 1401
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $983,200

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 832,203
  • High Value: 977,739
  • Low Value: 686,667

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $744,300
  • Assessed Land Value: $363,000
  • Assessed Improvements Value: $381,300

    Sales

  • Current Sale Recording Date: Jul 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112776
  • Previous Sale Recording Date: Apr 28, 2009
  • Previous Sale Amount: $460,000
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72346174

Frequently Asked Questions

When was property at 3 Pine Ridge Road built and last sold?
The property at 3 Pine Ridge Road was built in 1960 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 3 Pine Ridge Road is $585,493.
What are some comparable homes to 3 Pine Ridge Road?
There are currently no comparable homes to 3 Pine Ridge Road.
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