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Middlesex
6 Macarthur Rd
$860,000
● House - Off Market

6 Macarthur Rd

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,438 Ft²
$861,995
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Young resale, 4 bedroom, colonial set in a very quiet neighborhood within walking distance of the E Ethel Little School, and great commuter location close to Route 93 and the Wilmington Train Station. This home has hardwood floors throughout the first floor, the stairs and hallway, brand new rugs in each bedroom. The primary bedroom has a walk in closest and full bath en-suite. The other 3 bedrooms all have ample closest space and new rugs. The lower level is finished with a very large room that could be a family room, a home office or a playroom, it is great additional living space. The yard is very quiet and there is a fire pit, above ground heated pool and a swing set. WELCOME HOME TO NORTH READING!!
Unit Size
2,438 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$338
Property Type
House
Property Taxes
$793
HOA Dues
-
Year Built
2008

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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 #73011135)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by Coldwell Banker Realty - North Reading $825,000
Listed by Coldwell Banker Realty - North Reading
Aug 28, 2009 Sold
Premium
Sold
May 21, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • 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: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,066
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,138
  • Building Area: 2,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,138
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • 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:005.0 B:0000 L:0069.0
  • Lot: 69.0
  • Municipality: NORTH READING
  • Latitude: 42.5752
  • Longitude: -71.1276

    Address

  • Full Address: 6 Macarthur Rd
  • Address - House Number: 6
  • Address - Street Name: Macarthur
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R052
  • 4-Digit Zip Code: 2041
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,063,500

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 888,448
  • High Value: 1,044,398
  • Low Value: 732,497

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $805,100
  • Assessed Land Value: $354,600
  • Assessed Improvements Value: $450,500

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 125390
  • Previous Sale Recording Date: Aug 28, 2009
  • Previous Sale Amount: $549,900
  • 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:

$815,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2681 ft²

Average Home Age

65.4 years

Currently For Sale

3264 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: 5 months ago
Data Source: MLS PIN, MLS# 73011135

Frequently Asked Questions

When was property at 6 Macarthur Road built and last sold?
The property at 6 Macarthur Road was built in 2008 and last sold on Aug 15, 2022 for $860,000.
How much is this home worth?
The estimated value of the home located at 6 Macarthur Road is $849,005.
What are some comparable homes to 6 Macarthur Road?
There are currently no comparable homes to 6 Macarthur Road.
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