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Middlesex
31 Pleasant Street
$451,000
● House - Off Market

31 Pleasant Street

North Reading, MA 01864
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,459 Ft²
$614,623
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Idyllic neighborhood in North Reading - great for downsizing or a starter home with room to expand! This classic ranch invites you in to a formal living room with fireplace. Kitchen is in the heart of the home, with a large sunken family room to the left and bedrooms to the right. Master bedroom is equipped with a large walk-in closet with storage system, and a full en suite. From the family room walk out onto your huge 3-season porch and enjoy the privacy of the backyard with great gardening space. Stairs lead to full basement with expansion opportunity. Bring your imagination! Other notable features include main-floor laundry, hardwood and stone tile, detached garage, tons of storage, and a BRAND NEW 3-bedroom septic!
Unit Size
1,459 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$295
Property Type
House
Property Taxes
$561
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: 6 months ago (MLSPIN #72586575)

Price History

Date / Event Date Event Price
Dec 20, 2019 Sold
Premium
Sold
Nov 4, 2019 Listed by RE/MAX Encore $429,900
Listed by RE/MAX Encore

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,104
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,459
  • Gross Building Area: 2,563
  • Building Area: 1,459
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,459
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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: 330100

Zoning

  • Zoning: RA

Geography

  • Parcel: NREA M:63-P:047
  • Municipality: NORTH READING
  • Latitude: 42.5828
  • Longitude: -71.0665

    Address

  • Full Address: 31 Pleasant St
  • Address - House Number: 31
  • Address - Street Name: Pleasant
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 2414
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $765,710

    Appraisal Valuation

  • Standard Deviation: 0.0813
  • Valuation Date: Jun 23, 2021
  • Confidence Score: 93
  • Final Value: 440,044
  • High Value: 475,839
  • Low Value: 404,249

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $481,700
  • Assessed Land Value: $311,100
  • Assessed Improvements Value: $170,600

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Dec 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 203289
  • Previous Sale Recording Date: Feb 18, 2015
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2702 ft²

Average Home Age

65.1 years

Currently For Sale

3030 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: 6 months ago
Data Source: MLS PIN, MLS# 72586575

Frequently Asked Questions

When was property at 31 Pleasant Street built and last sold?
The property at 31 Pleasant Street was built in 1958 and last sold on Dec 9, 2019 for $451,000.
How much is this home worth?
The estimated value of the home located at 31 Pleasant Street is $449,192.
What are some comparable homes to 31 Pleasant Street?
There are currently no comparable homes to 31 Pleasant Street.
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