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Middlesex
5 Putnam Rd
Photo of 5 Putnam Rd
Sold on Jan 12, 2010

1

Map

$557,620
● House - Off Market

5 Putnam Rd

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,688 Ft²
$1,181,904
RealtyHop Estimate
111.43%
Since Feb 1, 2010
MA-Boston
Primary Model

About This Property

Beautifully updated in 1996, this meticulous home is sited in park-like setting on cul-de-sac.  Huge EIK complete Dbl oven & large center island perfect for gathering of friends and family.  "Dinner Party" dining room w/ Fr Drs, Formal L/R w/ Fireplace & F/R w/ built-ins & F/P complete with gleaming HDWD floors.  Newer Roof & Windows, A/C, Central Vac, Stereo Surround Sound, 1st Fl laundry & so much more.  Located in a convenient commuter location...truly a pleasure to show.
Unit Size
2,688 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$208
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1959

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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 #70979622)

Price History

Date / Event Date Event Price
Jan 12, 2010 Sold
Premium
Sold
Sep 23, 2009 Listed $559,000
Listed
Jan 21, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 1,568
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,688
  • Building Area: 2,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,688
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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:004.0 B:0000 L:0032.0
  • Lot: 32.0
  • Municipality: NORTH READING
  • Latitude: 42.5703
  • Longitude: -71.1298

    Address

  • Full Address: 5 Putnam Rd
  • Address - House Number: 5
  • Address - Street Name: Putnam
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R052
  • 4-Digit Zip Code: 2006
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,055,700

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 991,841
  • High Value: 1,146,423
  • Low Value: 837,259

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $799,200
  • Assessed Land Value: $362,500
  • Assessed Improvements Value: $436,700

    Sales

  • Current Sale Recording Date: Jan 12, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00005868
  • Previous Sale Recording Date: Jan 21, 1994
  • Previous Sale Amount: $158,000
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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# 70979622

Frequently Asked Questions

When was property at 5 Putnam Road built and last sold?
The property at 5 Putnam Road was built in 1959 and last sold on Jan 1, 1970 for $557,620.
How much is this home worth?
The estimated value of the home located at 5 Putnam Road is $597,541.
What are some comparable homes to 5 Putnam Road?
There are currently no comparable homes to 5 Putnam Road.
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