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Middlesex
45 Nutter Road
$483,500
● House - Off Market

45 Nutter Road

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,878 Ft²
$724,389
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Beautifully maintained ranch/bungalow on dead end street  in a quiet neighborhood. The lot is large and flat, the driveway wraps around the back to a two car garage.  Main level includes maple cabinet kitchen with an eat in area, 3 bedrooms, full bath, a large family-room off the kitchen with floor to ceiling fireplace and built-ins.  Sliders from the family-room accesses a large screened in porch which leads to the back yard.  Enjoy the beautifully renovated downstairs living space which includes a large bonus room with recessed lighting, separate laundry room, full bathroom with tiled tub and shower and a 4th bedroom..  If this is not enough, easily expand the walk-up attic space for additional living space.  For now, all you need to do is just move right in.  At this price, it won't last.
Unit Size
2,878 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$169
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1955

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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 months ago (MLSPIN #72411550)

Price History

Date / Event Date Event Price
Dec 13, 2018 Sold
Premium
Sold
Oct 17, 2018 Listed by Farrelly Realty Group $485,000
Listed by Farrelly Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,574
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,574
  • Building Area: 1,574
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,574
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000930
  • 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:017.0 B:0000 L:0059.0
  • Lot: 59.0
  • Municipality: NORTH READING
  • Latitude: 42.5705
  • Longitude: -71.115

    Address

  • Full Address: 45 Nutter Rd
  • Address - House Number: 45
  • Address - Street Name: Nutter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R054
  • 4-Digit Zip Code: 2144
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $965,100

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 741,667
  • High Value: 871,508
  • Low Value: 611,825

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $730,600
  • Assessed Land Value: $380,200
  • Assessed Improvements Value: $350,400

    Sales

  • Current Sale Contract Date: Dec 13, 2018
  • Current Sale Recording Date: Dec 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 189900
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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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: 4 months ago
Data Source: MLS PIN, MLS# 72411550

Frequently Asked Questions

When was property at 45 Nutter Road built and last sold?
The property at 45 Nutter Road was built in 1955 and last sold on Dec 13, 2018 for $483,500.
How much is this home worth?
The estimated value of the home located at 45 Nutter Road is $530,583.
What are some comparable homes to 45 Nutter Road?
There are currently no comparable homes to 45 Nutter Road.
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