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Middlesex
41 Spruce Rd.
Photo of 41 Spruce Rd.

40

Map

Photo of 41 Spruce Rd.
Photo of 41 Spruce Rd.
$2,200,000
● House - For Sale

41 Spruce Rd.

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,949 Ft²
$12,711
Est. Monthly

About This Property

Luxury meets lifestyle in this spectacular North Reading estate, featuring expansive living space, unmatched privacy, and room to live, entertain, and unwind. Your own private retreat, spacious and sophisticated, surrounded by nature and thoughtfully designed for exceptional everyday living. An additional building lot offers future possibilities, though you may decide the true value lies in preserving the extraordinary privacy and estate-like setting. Opportunities of this caliber rarely come to market and seldom remain available for long. Don't miss your chance to own one of North Reading's premier estate properties.  By Appointment only
Unit Size
4,949 Ft²
Days on Market
-
Land Size
2.75 acres
Price per sqft
$445
Property Type
House
Property Taxes
$1,909
HOA Dues
-
Year Built
1994

Listed By

John Magazzu
RE/MAX Renaissance Inc.

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Cap Rate Calculator

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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: 21 days ago (MLSPIN #73565275)

Price History

Date / Event Date Event Price
Aug 18, 2026 Listed by Charlesgate Realty Group LLC $2,200,000
Listed by Charlesgate Realty Group LLC
Apr 28, 2006 Sold
Premium
Sold
Oct 28, 2005 Listed by Charlesgate Realty Group LLC $1,220,000
Listed by Charlesgate Realty Group LLC
Jan 26, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Paved, Off Street, Under
Garage Spaces: 4
Open Parking Spaces: 16
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Wet Bar, Wired for Sound, Entry Hall, Home Office, Play Room, Kitchen, Bonus Room
Appliances: Water Heater, Range, Oven, Dishwasher, Refrigerator, Water Treatment
Flooring Type: Wood, Tile
Laundry Features: First Floor
Rooms: 10
Has Fireplace
Fireplaces: 3
Basement: Partial, Finished, Interior Entry, Concrete
Exterior Details
Square Footage: 4949
Security Features: Security System
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1994
Building Area Total: 4949
Building Area Units: Square Feet
Window Features: Insulated Windows
Lot Features: Wooded, Easements
Lot Size Area: 2.75
Lot Size Units: Acres
Lot Size Acres: 2.75
Lot Size Square Feet: 120000
Water Source: Public
Financial Details
Tax Assessed Value: $1,753,600
Tax Annual Amount: $22,902
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Oil
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,165
  • Garage Type: 3
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 264,845
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,949
  • Building Area: 4,949
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,949
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006080
  • 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: 330201

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:025.0 B:0000 L:0073.0
  • Lot: 73.0
  • Municipality: NORTH READING
  • Latitude: 42.5811
  • Longitude: -71.1083

    Address

  • Full Address: 41 Spruce Rd
  • Address - House Number: 41
  • Address - Street Name: Spruce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C007
  • 4-Digit Zip Code: 1730
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,114,300

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,971,153
  • High Value: 2,280,453
  • Low Value: 1,661,854

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,600,500
  • Assessed Land Value: $519,400
  • Assessed Improvements Value: $1,081,100

    Sales

  • Current Sale Recording Date: Apr 28, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00076530
  • Previous Sale Recording Date: Jan 26, 1994
  • Previous Sale Amount: $624,790
  • 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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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: 21 days ago
Data Source: MLS PIN, MLS# 73565275

Frequently Asked Questions

When was property at 41 Spruce Road built and last sold?
The property at 41 Spruce Road was built in 1994 and last sold on Jan 1, 1970 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 41 Spruce Road is $2,129,514.
What are some comparable homes to 41 Spruce Road?
There are currently no comparable homes to 41 Spruce Road.
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