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Middlesex
33 Spruce Road
Photo of 33 Spruce Road
Sold on Oct 7, 2005

1

Map

$825,000
● House - Off Market

33 Spruce Road

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,287 Ft²
$1,497,581
RealtyHop Estimate
76.21%
Since Nov 1, 2005
MA-Boston
Primary Model

About This Property

Exquisite Georgian on Prof. manicured lot in prime Ridgeway location.  Updated Cherry& Granite Kitchen, Master Bedroom  Suite with skylit, cathedral, sitting room, screen porch and huge deck, finished lower level, finished 3rd floor home office, C/vac and C/air, Title 5 approved, plus much more. SELLER TO CREDIT BUYER $10,000 TOWARDS TREE REMOVAL IN BACK YARD, SHOULD BUYERS WANT MORE OPEN SPACE INSTEAD OF WOODED BACKYARD.
Unit Size
3,287 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$259
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1988

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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: 5 months ago (MLSPIN #70202903)

Price History

Date / Event Date Event Price
Oct 7, 2005 Sold
Premium
Sold
Jun 3, 2005 Listed $849,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 300
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,456
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 40,032
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,238
  • Building Area: 3,238
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,238
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • 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:025.0 B:0000 L:0069.0
  • Lot: 69.0
  • Municipality: NORTH READING
  • Latitude: 42.5817
  • Longitude: -71.1053

    Address

  • Full Address: 33 Spruce Rd
  • Address - House Number: 33
  • Address - Street Name: Spruce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C007
  • 4-Digit Zip Code: 1730
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,421,300

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,309,986
  • High Value: 1,541,101
  • Low Value: 1,078,871

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,075,900
  • Assessed Land Value: $452,900
  • Assessed Improvements Value: $623,000

    Sales

  • Current Sale Recording Date: Oct 07, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00223699
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

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2692 ft²

Average Home Age

62.2 years

Currently For Sale

3220 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70202903

Frequently Asked Questions

When was property at 33 Spruce Road built and last sold?
The property at 33 Spruce Road was built in 1988 and last sold on Jan 1, 1970 for $825,000.
How much is this home worth?
The estimated value of the home located at 33 Spruce Road is $888,886.
What are some comparable homes to 33 Spruce Road?
There are currently no comparable homes to 33 Spruce Road.
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