Middlesex
40 Main St #21
$155,000
●
Condo -
Off Market
40 Main St #21
North Reading, MA 01864
2 Beds
1 Bath
970 Ft²
$330,413
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model
About This Property
Great Opportunity! Oversized unit on the top floor.
Well established complex. Inground pool, park like
setting. Close to major routes, shopping and recreation.
This property is approved for Express Path financing.
Contact the listing agent for additional information.
Unit Size
970 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
Condo
Property Taxes
$192
HOA Dues
$335
Year Built
-
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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 years ago (MLSPIN #70822307)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2008 | Sold | ||
| Sold | |||
| Sep 17, 2008 | Listed by Weichert Realtors' Daher Companies | $160,000 | |
| Listed by Weichert Realtors' Daher Companies | |||
| Oct 19, 2006 | Sold | ||
| Sold | |||
| Jun 9, 2006 | Listed by Connelly Real Estate | $189,900 | |
| Listed by Connelly Real Estate | |||
| | |||
|
OFFERS ARE WELCOME FOR THIS TERRIFIC TOP FLOOR "972 SQUARE FEET" GARDEN STYLE HOME MINUTES FROM COMMUTER ROUTES 93 & 128! Enjoy the carefree condo lifestyle with heated inground swimming pool, barbeque area, nearby shopping & golf course. Featuring entertaining size living room & dining room with sliders to balcony. Spacious master bedroom with walkin closet and second bedroom also generous size, both with neutral colors. Plenty of closet space,extra storage,laundry facilities, & pet friendly.
| |||
Property Highlights
Air Conditioning
Interior Details
Level: Third
Level: Third
Level: Third
Level: Third
Level: Third
Features: No
Full Bathrooms: 1
Appliances: Utility Connections for Gas Range
Rooms: 4
Basement: N
Parking Details
Parking Features: Common
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Park Colony
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RA
Parcel Number: M:23P:026 U:4021, 717827
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $200,800
Tax Annual Amount: $2,309
Utilities Details
Utilities: for Gas Range
Cooling Type: Wall Unit(s)
Heating Type: Baseboard
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Trash
HOA/Condo/Coop Amenities: Hot Water, Pool
HOA Fee: $335
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/03/2024
|
1 Bed
|
1 Bath
|
-
|
$289,900
1 Bed
1 Bath
|
-
-
|
Melisa Bianchi
LAER Realty Partners
| |
|
05/17/2023
|
2 Bed
|
1 Bath
|
970 ft²
|
$299,900
2 Bed
1 Bath
970 ft²
|
$318,000
+6.04%
07/06/2023
|
The Durling Group
Leading Edge Real Estate
| |
|
07/19/2022
|
2 Bed
|
1 Bath
|
738 ft²
|
$280,000
2 Bed
1 Bath
738 ft²
|
$280,000
08/24/2022
|
Ryan Nickerson
Keller Williams Realty-Merrimack
| |
|
07/14/2021
|
2 Bed
|
1 Bath
|
789 ft²
|
$255,000
2 Bed
1 Bath
789 ft²
|
$275,000
+7.84%
09/24/2021
|
Deb On The Web Realty Group
RE/MAX Andrew Realty Services
| |
|
07/08/2020
|
2 Bed
|
1 Bath
|
790 ft²
|
$229,900
2 Bed
1 Bath
790 ft²
|
$235,000
+2.22%
09/14/2020
|
Catherine Long
Keller Williams Realty Evolution
| |
|
05/13/2020
|
2 Bed
|
1 Bath
|
913 ft²
|
$234,900
2 Bed
1 Bath
913 ft²
|
$230,000
-2.09%
06/26/2020
|
Mark Stakem
Leading Edge Real Estate
| |
|
11/05/2019
|
2 Bed
|
1 Bath
|
738 ft²
|
$229,000
2 Bed
1 Bath
738 ft²
|
$240,000
+4.80%
01/06/2020
|
Sabrina Carr
William Raveis R.E. & Home Services
| |
|
09/09/2018
|
2 Bed
|
1 Bath
|
789 ft²
|
$214,900
2 Bed
1 Bath
789 ft²
|
$212,000
-1.35%
11/27/2018
|
Richard Urato
Coldwell Banker Residential Brokerage - Leominster
| |
|
01/19/2018
|
2 Bed
|
1 Bath
|
913 ft²
|
$200,000
2 Bed
1 Bath
913 ft²
|
$200,000
02/21/2018
|
John Magazzu
RE/MAX Renaissance Inc.
| |
|
05/17/2017
|
2 Bed
|
1 Bath
|
972 ft²
|
$170,000
2 Bed
1 Bath
972 ft²
|
$165,000
-2.94%
06/29/2017
|
Meghan Maraghy
Foundation Brokerage Group
| |
|
05/26/2016
|
2 Bed
|
1 Bath
|
737 ft²
|
$159,900
2 Bed
1 Bath
737 ft²
|
$165,000
+3.19%
08/02/2016
|
Priscilla Fitzgerald
Fitzgerald & Associates
| |
|
02/22/2016
|
2 Bed
|
1 Bath
|
738 ft²
|
$149,900
2 Bed
1 Bath
738 ft²
|
$187,000
+24.75%
07/12/2016
|
Judy Mason
Dooley and Mason Realty Group
| |
|
01/09/2016
|
2 Bed
|
1 Bath
|
789 ft²
|
$174,000
2 Bed
1 Bath
789 ft²
|
$173,000
-0.57%
04/20/2016
|
Vito Capraro
Cameron Real Estate Group
| |
|
05/30/2015
|
1 Bed
|
1 Bath
|
596 ft²
|
$142,000
1 Bed
1 Bath
596 ft²
|
$142,000
07/31/2015
|
Mary Kelly
Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
| |
|
04/19/2011
|
2 Bed
|
1 Bath
|
669 ft²
|
$118,000
2 Bed
1 Bath
669 ft²
|
$116,000
-1.69%
08/26/2011
|
Heather Machia-Gore
KSRJ - Signature Realty Group
| |
|
09/17/2008
|
2 Bed
|
1 Bath
|
970 ft²
|
$160,000
2 Bed
1 Bath
970 ft²
|
$155,000
-3.13%
10/30/2008
|
Linda Kody
Kody and Company Inc
| |
|
04/09/2007
|
1 Bed
|
1 Bath
|
596 ft²
|
$137,900
1 Bed
1 Bath
596 ft²
|
$120,000
-12.98%
07/17/2007
|
Carol St. Pierre
Tache Real Estate, Inc.
| |
|
10/06/2006
|
2 Bed
|
1 Bath
|
716 ft²
|
$164,900
2 Bed
1 Bath
716 ft²
|
$157,500
-4.49%
11/21/2006
|
Tina Endicott
RE/MAX Encore
| |
|
06/09/2006
|
2 Bed
|
1 Bath
|
972 ft²
|
$189,900
2 Bed
1 Bath
972 ft²
|
$170,000
-10.48%
10/19/2006
|
Rosemary Smedile
Connelly Real Estate
| |
|
05/15/2006
|
2 Bed
|
1 Bath
|
972 ft²
|
$214,000
2 Bed
1 Bath
972 ft²
|
$200,000
-6.54%
07/14/2006
|
Patrick Harding
| |
|
11/16/2005
|
2 Bed
|
1 Bath
|
790 ft²
|
$184,900
2 Bed
1 Bath
790 ft²
|
$183,500
-0.76%
03/30/2006
|
James Joly
Boardwalk Real Estate
| |
|
01/28/2005
|
1 Bed
|
1 Bath
|
-
|
$169,900
1 Bed
1 Bath
|
$165,000
-2.88%
04/27/2005
|
Judy McCoy
Coldwell Banker Realty - Andover
| |
|
04/26/2004
|
2 Bed
|
1 Bath
|
915 ft²
|
$176,900
2 Bed
1 Bath
915 ft²
|
$172,000
-2.77%
09/24/2004
|
Donald Truitt
Century 21 Spindler & O'Neil Associates
| |
|
03/09/2004
|
2 Bed
|
1 Bath
|
789 ft²
|
$184,900
2 Bed
1 Bath
789 ft²
|
$184,900
04/29/2004
|
William Manchenton
Coldwell Banker Realty - Chelmsford
| |
|
09/12/2003
|
2 Bed
|
1 Bath
|
739 ft²
|
$179,900
2 Bed
1 Bath
739 ft²
|
$168,500
-6.34%
10/31/2003
|
Dorothy Lee-McCarthy
Prudential Preferred Realty
| |
|
11/08/2002
|
2 Bed
|
1 Bath
|
970 ft²
|
$179,900
2 Bed
1 Bath
970 ft²
|
$172,000
-4.39%
12/30/2002
|
Tonya Botticelli Amico
Colonial Manor Realty
| |
|
10/28/2002
|
1 Bed
|
1 Bath
|
596 ft²
|
$139,900
1 Bed
1 Bath
596 ft²
|
$135,000
-3.50%
03/10/2003
|
Barbara Barber
Coldwell Banker Residential Brokerage - Duxbury
| |
|
09/10/2002
|
2 Bed
|
1 Bath
|
689 ft²
|
$159,900
2 Bed
1 Bath
689 ft²
|
$158,000
-1.19%
01/04/2003
|
Carole Linnane
MLSAGENTSONLY.COM
| |
|
03/29/2002
|
1 Bed
|
1 Bath
|
583 ft²
|
$110,000
1 Bed
1 Bath
583 ft²
|
$105,000
-4.55%
05/10/2002
|
Barbara Moody
Prudential Howe & Doherty
| |
|
04/15/2000
|
1 Bed
|
1 Bath
|
550 ft²
|
$75,000
1 Bed
1 Bath
550 ft²
|
$75,000
05/31/2000
|
Jodi Fitzgerald
Fitzgerald & Associates
| |
|
02/01/1999
|
2 Bed
|
1 Bath
|
660 ft²
|
$75,900
2 Bed
1 Bath
660 ft²
|
$75,000
-1.19%
03/01/1999
|
Stephen Sinclair
ZipRealty, Inc
| |
|
04/10/1998
|
2 Bed
|
1 Bath
|
972 ft²
|
$79,900
2 Bed
1 Bath
972 ft²
|
$78,000
-2.38%
08/14/1998
|
Elizabeth Stakem
Leading Edge Real Estate
| |
|
03/31/1998
|
1 Bed
|
1 Bath
|
632 ft²
|
$66,900
1 Bed
1 Bath
632 ft²
|
$66,000
-1.35%
05/27/1998
|
Bobbie Botticelli
Colonial Manor Realty
| |
|
09/30/1997
|
2 Bed
|
1 Bath
|
913 ft²
|
$78,900
2 Bed
1 Bath
913 ft²
|
$75,000
-4.94%
12/04/1997
|
Carol Porter
Century 21 North East Homes
| |
|
09/08/1997
|
2 Bed
|
1 Bath
|
915 ft²
|
$77,900
2 Bed
1 Bath
915 ft²
|
$72,000
-7.57%
01/30/1998
|
Margaret Johnson
Conway - Plymouth
| |
|
07/20/1997
|
2 Bed
|
1 Bath
|
970 ft²
|
$79,900
2 Bed
1 Bath
970 ft²
|
$74,000
-7.38%
08/28/1997
|
Marie Pendola
Era Andrew Schmid R.E.
| |
|
05/16/1997
|
2 Bed
|
1 Bath
|
-
|
$64,500
2 Bed
1 Bath
|
$63,000
-2.33%
09/26/1997
|
Betty Rodgers
Carlson GMAC Real Estate
| |
|
08/02/1996
|
2 Bed
|
1 Bath
|
786 ft²
|
$48,900
2 Bed
1 Bath
786 ft²
|
$45,000
-7.98%
09/30/1996
|
Linda Kody
Kody and Company Inc
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017