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Middlesex
418 Park St
Photo of 418 Park St
Sold on Nov 12, 2009

1

Map

$417,500
● House - Off Market

418 Park St

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,748 Ft²
$883,754
RealtyHop Estimate
108.19%
Since Dec 1, 2009
MA-Boston
Primary Model

About This Property

This ABSOLUTELY  gorgeous home sits on over an acre of land and features 4 bedrooms, 2.5 baths, STUNNING new kitchen with granite counter tops.   This open concept home also features newer hardwood floors all through out the first floor, and a large   W.W. carpeted family room on the lower level.  A lovely fireplace living room looks out onto the treed lot.   Located in a convenient commuter location..... A GENUINE PLEASURE TO SHOW.....
Unit Size
1,748 Ft²
Days on Market
-
Land Size
1.28 acres
Price per sqft
$243
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1986

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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: 5 months ago (MLSPIN #70972638)

Price History

Date / Event Date Event Price
Nov 13, 2009 Sold
Premium
Sold
Sep 10, 2009 Listed $424,500
Listed
Jun 20, 2008 Sold
Premium
Sold
May 4, 2008 Listed $389,900
Listed

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,200
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,757
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001280
  • 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:018.0 B:0000 L:0024.0
  • Lot: 24.0
  • Municipality: NORTH READING
  • Latitude: 42.5658
  • Longitude: -71.1211

    Address

  • Full Address: 418 Park St
  • Address - House Number: 418
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: R052
  • 4-Digit Zip Code: 2134
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $883,400

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 797,348
  • High Value: 921,618
  • Low Value: 673,079

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $668,700
  • Assessed Land Value: $386,800
  • Assessed Improvements Value: $281,900

    Sales

  • Current Sale Recording Date: Nov 13, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00218860
  • Previous Sale Recording Date: Jun 20, 2008
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70972638

Frequently Asked Questions

When was property at 418 Park Street built and last sold?
The property at 418 Park Street was built in 1986 and last sold on Jan 1, 1970 for $417,500.
How much is this home worth?
The estimated value of the home located at 418 Park Street is $443,813.
What are some comparable homes to 418 Park Street?
There are currently no comparable homes to 418 Park Street.
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