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Middlesex
5 Porter Rd
Photo of 5 Porter Rd
Sold on Oct 3, 2007

1

Map

$351,050
● House - Off Market

5 Porter Rd

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$686,623
RealtyHop Estimate
91.26%
Since Nov 1, 2007
MA-Boston
Primary Model

About This Property

Completely renovated cape on nice level lot in quiet residential neighborhood. Pride of ownership is reflected throughout this home. Home features include hardwood throughout, NEW white kitchen with granite counters, NEW baths with corian counters and ceramic tile floors, all NEW interrior and exteriior doors, NEWER roof, siding and windows, NEW furnace, hot water heater, and electrical. Relax and enjoy the sunroom off the kitchen - all the work has been done! Showings start Sunday 7/15 12-2.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$251
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1957

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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 #70612210)

Price History

Date / Event Date Event Price
Oct 4, 2007 Sold
Premium
Sold
Jul 11, 2007 Listed $359,000
Listed
Sep 29, 2003 Sold
Premium
Sold
Jul 24, 2003 Listed $299,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: RB

Geography

  • District: 213
  • Parcel: NREA M:012.0 B:0000 L:0088.0
  • Lot: 88.0
  • Municipality: NORTH READING
  • Latitude: 42.5951
  • Longitude: -71.1203

    Address

  • Full Address: 5 Porter Rd
  • Address - House Number: 5
  • Address - Street Name: Porter
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1212
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $701,200

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 620,004
  • High Value: 728,547
  • Low Value: 511,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $530,800
  • Assessed Land Value: $291,400
  • Assessed Improvements Value: $239,400

    Sales

  • Current Sale Recording Date: Oct 04, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00184730
  • Previous Sale Recording Date: Sep 29, 2003
  • Previous Sale Amount: $289,000
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70612210

Frequently Asked Questions

When was property at 5 Porter Road built and last sold?
The property at 5 Porter Road was built in 1957 and last sold on Jan 1, 1970 for $359,000.
How much is this home worth?
The estimated value of the home located at 5 Porter Road is $374,952.
What are some comparable homes to 5 Porter Road?
There are currently no comparable homes to 5 Porter Road.
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