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Middlesex
43 Riverside Dr
Photo of 43 Riverside Dr
Sold on Jul 9, 2026

21

Map

Photo of 43 Riverside Dr
Photo of 43 Riverside Dr
$602,000
● House - Off Market

43 Riverside Dr

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,240 Ft²
$3,502
Est. Monthly

About This Property

This tastefully updated home is located on a quiet Dead End street along the Ipswich River. First floor complete with newly renovated kitchen and half bath with laundry hook up. New luxury vinyl plank flooring in kitchen, with stunning refinished hardwood and pine floors throughout. Enjoy morning coffee on your deck overlooking the beautiful Ipswich River that offers kayaking, canoeing and fishing. This beautiful home is situated on a large double lot, in a serene setting, surrounded by nature. No need to worry with newer heating system, electric system and water heater. Do Not miss out on this home!  Easy to show.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$484
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1915

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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: 3 months ago (MLSPIN #73509002)

Price History

Date / Event Date Event Price
Jul 9, 2026 Sold
Premium
Sold
Jun 13, 2026 In contract -
In contract
May 26, 2026 Price Decreased $599,990
↓ $25K (4%)
Price Decreased
May 21, 2026 Relisted $625,000
Relisted
May 18, 2026 In contract -
In contract
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • 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: 620
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,708
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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:077.0 B:0000 L:0007.0
  • Lot: 7.0
  • Municipality: NORTH READING
  • Latitude: 42.5721
  • Longitude: -71.039

    Address

  • Full Address: 43 Riverside Dr
  • Address - House Number: 43
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C004
  • 4-Digit Zip Code: 2929
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $639,600

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 574,026
  • High Value: 670,164
  • Low Value: 477,889

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $484,200
  • Assessed Land Value: $320,700
  • Assessed Improvements Value: $163,500

    Sales

  • Current Sale Recording Date: Jul 05, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00125899
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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 3 months ago
Data Source: MLS PIN, MLS# 73509002

Frequently Asked Questions

When was property at 43 Riverside Drive built and last sold?
The property at 43 Riverside Drive was built in 1915 and last sold on Jan 1, 1970 for $253,000.
How much is this home worth?
The estimated value of the home located at 43 Riverside Drive is $575,396.
What are some comparable homes to 43 Riverside Drive?
There are currently no comparable homes to 43 Riverside Drive.
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