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Middlesex
62 North Street
Photo of 62 North Street
Sold on May 14, 2007

1

Map

$737,000
● House - Off Market

62 North Street

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,990 Ft²
$1,401,602
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Brand new colonial! Beautiful 2 story open foyer, 1st fl office, front to back LR & DR w/interior columns, 4 large bedrooms includes master suite with gas fireplace, showplace kit leads to fp'd famrm and deck plus absolutely gorgeous acre lot. Just a stone's throw to Hillview Golf course. Call for detailed plans & specs. It's time for final selections.
Unit Size
2,990 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$251
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

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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 #70461372)

Price History

Date / Event Date Event Price
May 14, 2007 Sold
Premium
Sold
Sep 20, 2006 Listed $749,900
Listed

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 2
  • Total Rooms: 9
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,532
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 47,306
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,036
  • Building Area: 3,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001086
  • 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:032.0 B:0000 L:0039.0
  • Lot: 39.0
  • Municipality: NORTH READING
  • Latitude: 42.589
  • Longitude: -71.0944

    Address

  • Full Address: 62 North St
  • Address - House Number: 62
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C006
  • 4-Digit Zip Code: 1440
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,367,800

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,209,711
  • High Value: 1,408,736
  • Low Value: 1,010,686

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,035,400
  • Assessed Land Value: $384,400
  • Assessed Improvements Value: $651,000

    Sales

  • Current Sale Recording Date: Feb 13, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 19552
  • Previous Sale Recording Date: May 14, 2007
  • Previous Sale Amount: $737,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2699 ft²

Average Home Age

65.6 years

Currently For Sale

3302 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: 5 months ago
Data Source: MLS PIN, MLS# 70461372

Frequently Asked Questions

When was property at 62 North Street built and last sold?
The property at 62 North Street was built in 2007 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 62 North Street is $785,532.
What are some comparable homes to 62 North Street?
There are currently no comparable homes to 62 North Street.
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