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Middlesex
6 Meade Rd
$610,000
● House - Off Market

6 Meade Rd

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,944 Ft²
$933,491
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

OPEN HOUSE SATURDAY and SUNDAY 1-3PM.....Location, Location, Location...on a dead-end street. only a few steps to Middle School and High School. ...Need a place for the in-laws, for a home business or both. The basement has an entrance off the driveway (no Steps). The garage housed a master craftsman's workshop for many years and a full walk up 2nd floor. This is a unique opportunity, come see it today.  Call today. This house is Vacant ..clean and ready for you immediately occupancy.
Unit Size
2,944 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$212
Property Type
House
Property Taxes
$734
HOA Dues
-
Year Built
1987

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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 #72396899)

Price History

Date / Event Date Event Price
Dec 4, 2018 Sold
Premium
Sold
Sep 17, 2018 Listed by RE/MAX Renaissance Inc. $625,000
Listed by RE/MAX Renaissance Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,570
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,634
  • Building Area: 1,634
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,634
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • 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: RB

Geography

  • District: 213
  • Parcel: NREA M:042.0 B:0000 L:0153.0
  • Lot: 153.0
  • Municipality: NORTH READING
  • Latitude: 42.578
  • Longitude: -71.0869

    Address

  • Full Address: 6 Meade Rd
  • Address - House Number: 6
  • Address - Street Name: Meade
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R053
  • 4-Digit Zip Code: 3307
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $981,200

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 879,678
  • High Value: 1,033,516
  • Low Value: 725,839

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $742,800
  • Assessed Land Value: $367,500
  • Assessed Improvements Value: $375,300

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Dec 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 184432
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72396899

Frequently Asked Questions

When was property at 6 Meade Road built and last sold?
The property at 6 Meade Road was built in 1987 and last sold on Nov 20, 2018 for $610,000.
How much is this home worth?
The estimated value of the home located at 6 Meade Road is $665,533.
What are some comparable homes to 6 Meade Road?
There are currently no comparable homes to 6 Meade Road.
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