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Middlesex
36 Duane Drive
Photo of 36 Duane Drive
Sold on Aug 4, 2009

1

Map

$365,000
● Land - Off Market

36 Duane Drive

North Reading, MA 01864
bedrooms
Studio
bathrooms
0 Bath
$771,265
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

One of the last beautiful lots in North Reading!!!Extraordinary ACRE PLUS level lot in desirable neighborhood. WALK TO TOWN CENTER library and schools.  Permits in hand include four bedroom septic design and approval for four bedroom single family home with UNDERGROUND UTILITIES at curbcut. Located in wonderful established neighborhood, Come build YOUR dream home!
Unit Size
-
Days on Market
-
Land Size
1.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$833,333
HOA Dues
-
Year Built
2010

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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 #70889433)

Price History

Date / Event Date Event Price
Aug 4, 2009 Sold
Premium
Sold
Mar 18, 2009 Listed $374,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,812
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,317
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,536
  • Building Area: 5,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001224
  • 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: RA

Geography

  • District: 213
  • Parcel: NREA M:053.0 B:0000 L:4502.0
  • Lot: 4502.0
  • Municipality: NORTH READING
  • Latitude: 42.5786
  • Longitude: -71.0735

    Address

  • Full Address: 36 Duane Dr
  • Address - House Number: 36
  • Address - Street Name: Duane
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C006
  • 4-Digit Zip Code: 1550
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,149,000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,732,654
  • High Value: 2,017,715
  • Low Value: 1,447,594

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,626,800
  • Assessed Land Value: $460,100
  • Assessed Improvements Value: $1,166,700

    Sales

  • Current Sale Recording Date: Aug 04, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00153129
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:

$819,500

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2704 ft²

Average Home Age

65.5 years

Currently For Sale

3310 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: 5 months ago
Data Source: MLS PIN, MLS# 70889433

Frequently Asked Questions

When was property at 36 Duane Drive built and last sold?
The property at 36 Duane Drive was built in 2010 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 36 Duane Drive is $378,649.
What are some comparable homes to 36 Duane Drive?
There are currently no comparable homes to 36 Duane Drive.
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