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Middlesex
4 Putnam Road
Photo of 4 Putnam Road
Sold on Oct 24, 2008

1

Map

$340,000
● House - Off Market

4 Putnam Road

North Reading, MA 01864
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,210 Ft²
$784,525
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model

About This Property

Bring your decorating ideas to this 9rm 5 bd 3 full bath colonial on approx 1/2 acre lot.  Freshly painted exterior.  Updates include new septic system(2001), newer roof and newer furnace.  All appliances to stay.  All offers are subject to third party approval. Sold as is condition.
Unit Size
2,210 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$172
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1960

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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 #70774013)

Price History

Date / Event Date Event Price
Oct 24, 2008 Sold
Premium
Sold
Jun 6, 2008 Listed $379,900
Listed
Jul 6, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,023
  • Building Area: 2,023
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,023
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: RA

Geography

  • District: 213
  • Parcel: NREA M:004.0 B:0000 L:0028.0
  • Lot: 28.0
  • Municipality: NORTH READING
  • Latitude: 42.5706
  • Longitude: -71.1303

    Address

  • Full Address: 4 Putnam Rd
  • Address - House Number: 4
  • Address - Street Name: Putnam
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R052
  • 4-Digit Zip Code: 2035
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $852,300

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 760,438
  • High Value: 893,565
  • Low Value: 627,310

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $645,200
  • Assessed Land Value: $362,500
  • Assessed Improvements Value: $282,700

    Sales

  • Current Sale Recording Date: Oct 24, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00172932
  • Previous Sale Recording Date: Jul 06, 2001
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 27
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

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2684 ft²

Average Home Age

62.3 years

Currently For Sale

3240 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# 70774013

Frequently Asked Questions

When was property at 4 Putnam Road built and last sold?
The property at 4 Putnam Road was built in 1960 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 4 Putnam Road is $381,240.
What are some comparable homes to 4 Putnam Road?
There are currently no comparable homes to 4 Putnam Road.
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