4 Porter Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Listed by Classified Realty Group | $575,000 | |
| Listed by Classified Realty Group | |||
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Ready to make the move out of the city? Trade rent for your own yard to enjoy grill nights under string lights on the patio when you fall in love with this fully renovated 2-bed, 2 full bath ranch with an attached garage and incredible curb appeal. The open layout with hardwood floors, recessed lights, and central air feels fresh and modern, while the finished lower level gives you that coveted flex space with a home office, guest room, or gym. Owned solar panels keep costs down so you can spend more on the fun stuff. Host friends in your fenced yard, kayak at nearby Martin’s Pond, skate in winter, or walk to the local brewery. Quick I-93 access gets you to Boston or New Hampshire in minutes. With ample storage, low-maintenance living, and room to grow, this is the ultimate condo alternative or downsizer’s dream. Here’s your chance to have it all in a fantastic community at an affordable price and celebrate just in time for the holidays. Welcome to North Reading!
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| Aug 17, 2020 | Sold | ||
| Sold | |||
| Jun 18, 2020 | Listed by ERA Key Realty Services | $487,000 | |
| Listed by ERA Key Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017