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Middlesex
4 Elvira Rd
$333,000
● House - Off Market

4 Elvira Rd

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,710 Ft²
$662,765
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Great opportunity! Nice 3br home on quiet cul-de-sac. Newer, large detatched garage with storage loft.  Fresh paint, newer heating system and electric panel.  Seller addendums and certified funds reqd w/P&S. No changes allowed to P&S. Sold AS-IS. This property is eligible under the Freddie Mac First Look Initiative for the first 15 days on market for owner occupants only thru 5/15/2013.
Unit Size
1,710 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$205
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1950

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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 #71516820)

Price History

Date / Event Date Event Price
Aug 2, 2013 Sold
Premium
Sold
Apr 30, 2013 Listed by Real Living Schruender Real Estate $349,900
Listed by Real Living Schruender Real Estate
Jan 31, 2005 Sold
Premium
Sold
Jul 21, 2004 Listed by Premier Realty Group, Inc. $399,900
Listed by Premier Realty Group, Inc.
Updated Dutch Colonial on quiet side street. Many quality updates. New Kitchen & New Bath w/Jacuzzi, 1st Flr Laundry. LG deck overlooks well-landscaped private,fenced yard. See Feature Sheet for add'l updates.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 830
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,710
  • Building Area: 1,710
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,710
  • Heating Fuel Type: 3

    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: 330202

Zoning

  • Zoning: RB

Geography

  • District: 213
  • Parcel: NREA M:014.0 B:0000 L:0051.0
  • Lot: 51.0
  • Municipality: NORTH READING
  • Latitude: 42.5851
  • Longitude: -71.1186

    Address

  • Full Address: 4 Elvira Rd
  • Address - House Number: 4
  • Address - Street Name: Elvira
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R053
  • 4-Digit Zip Code: 1604
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,103,300

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 722,705
  • High Value: 856,538
  • Low Value: 588,872

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $835,200
  • Assessed Land Value: $352,800
  • Assessed Improvements Value: $482,400

    Sales

  • Current Sale Recording Date: Aug 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 169820
  • Previous Sale Recording Date: Aug 02, 2013
  • Previous Sale Amount: $333,000
  • Previous Sale Document Type: O
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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 4 months ago
Data Source: MLS PIN, MLS# 71516820

Frequently Asked Questions

When was property at 4 Elvira Road built and last sold?
The property at 4 Elvira Road was built in 1950 and last sold on Jan 1, 1970 for $333,000.
How much is this home worth?
The estimated value of the home located at 4 Elvira Road is $373,965.
What are some comparable homes to 4 Elvira Road?
There are currently no comparable homes to 4 Elvira Road.
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