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Middlesex
41 Central St
$479,900
● House - Off Market

41 Central St

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,240 Ft²
$745,825
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Best value in desirable North Reading for under $480k!!! Smart buyers will comparison shop and find that nothing else even comes close! Take advantage of the price reduction! This Remodeled Raised Ranch will WOW you when you walk through the door. This turnkey home boasts an open floor plan, seamless indoor-outdoor living with an impressive designer kitchen, hardwood floors, and a bonus finished lower level. Private lot sitting on almost 3 acres of land close to Ipswich River Park, North Reading's great schools and major highways for easy commuting. Newer septic system installed in 2010 and approved for a 4 bedroom home. Buy now in time to enjoy the rest of the summer relaxing on your new screened in porch! Seller looking to entertain offers!
Unit Size
2,240 Ft²
Days on Market
-
Land Size
2.77 acres
Price per sqft
$214
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (MLSPIN #72148292)

Price History

Date / Event Date Event Price
Aug 16, 2017 Sold
Premium
Sold
Apr 19, 2017 Listed by Atlantic Coast Homes,Inc $479,900
Listed by Atlantic Coast Homes,Inc
Aug 19, 2010 Sold
Premium
Sold
Jun 13, 2010 Listed by Atlantic Coast Homes,Inc $320,000
Listed by Atlantic Coast Homes,Inc

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 8
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,120
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 120,661
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002770
  • 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: 330102

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:042.0 B:0000 L:0032.0
  • Lot: 32.0
  • Municipality: NORTH READING
  • Latitude: 42.5749
  • Longitude: -71.0897

    Address

  • Full Address: 41 Central St
  • Address - House Number: 41
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 3201
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $846,900

    Appraisal Valuation

  • Standard Deviation: 0.1553
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 754,259
  • High Value: 871,400
  • Low Value: 637,119

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $641,100
  • Assessed Land Value: $404,900
  • Assessed Improvements Value: $236,200

    Sales

  • Current Sale Recording Date: Aug 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130986
  • Previous Sale Recording Date: Aug 19, 2010
  • Previous Sale Amount: $325,000
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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# 72148292

Frequently Asked Questions

When was property at 41 Central Street built and last sold?
The property at 41 Central Street was built in 1960 and last sold on Jan 1, 1970 for $479,900.
How much is this home worth?
The estimated value of the home located at 41 Central Street is $505,930.
What are some comparable homes to 41 Central Street?
There are currently no comparable homes to 41 Central Street.
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