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Middlesex
6 North Street
$430,000
● House - Off Market

6 North Street

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$587,570
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Wonderful opportunity to move into North Reading with this updated, well maintained RANCH with expansion potential.  Comfortable living room is open to renovated, kitchen with custom cabinetry, stainless appliances, bamboo flooring and gathering dining area.  Directly off the kitchen, is oversized and inviting deck, extending entertaining area and overlooking large and private feeling backyard.  Pretty landscaping, hardwood floors throughout, new windows and complete installation of brand new septic system.  Terrific commuter location. Well loved and exceptionally well maintained. See paperclip for list of upgrades . . . . . Bright, sunny and cheery, this home has a very warm feeling, ready to welcome you and yours!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$448
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1961

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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: 5 months ago (MLSPIN #72649150)

Price History

Date / Event Date Event Price
Jun 19, 2020 Sold
Premium
Sold
Apr 29, 2020 Listed by Coldwell Banker Residential Brokerage - Chelmsford $429,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Apr 12, 2013 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 960
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Frontage Feet: 0
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • 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: RA

Geography

  • District: 213
  • Parcel: NREA M:045.0 B:0000 L:0052.0
  • Lot: 52.0
  • Municipality: NORTH READING
  • Latitude: 42.5906
  • Longitude: -71.0847

    Address

  • Full Address: 6 North St
  • Address - House Number: 6
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C006
  • 4-Digit Zip Code: 1442
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $670,300

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 581,186
  • High Value: 678,522
  • Low Value: 483,849

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $507,400
  • Assessed Land Value: $353,300
  • Assessed Improvements Value: $154,100

    Sales

  • Current Sale Contract Date: Jun 16, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96319
  • Previous Sale Recording Date: Apr 12, 2013
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: O
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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# 72649150

Frequently Asked Questions

When was property at 6 North Street built and last sold?
The property at 6 North Street was built in 1961 and last sold on Jun 16, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 6 North Street is $434,563.
What are some comparable homes to 6 North Street?
There are currently no comparable homes to 6 North Street.
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