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Middlesex
68 Chestnut St
Photo of 68 Chestnut St
Sold on Jun 5, 2009

1

Map

$250,000
● House - Off Market

68 Chestnut St

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,408 Ft²
$517,734
RealtyHop Estimate
107.18%
Since Jul 1, 2009
MA-Boston
Primary Model

About This Property

Young colonial on near acre of land needs renovations, completion of master bath and installation of septic system.  Approved plan is on record with the town.  Excellent chance for an investor or knowledgeable homeowner. This property is sold in as is condition.
Unit Size
1,408 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$177
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1957

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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 #70899777)

Price History

Date / Event Date Event Price
Dec 23, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed $739,900
Listed
Jun 9, 2009 Sold
Premium
Sold
Apr 7, 2009 Listed $249,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 16
  • 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: 632
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,720
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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:056.0 B:0000 L:0031.0
  • Lot: 31.0
  • Municipality: NORTH READING
  • Latitude: 42.5644
  • Longitude: -71.0766

    Address

  • Full Address: 68 Chestnut St
  • Address - House Number: 68
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 2820
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $942,300

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 832,903
  • High Value: 962,073
  • Low Value: 703,732

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $713,300
  • Assessed Land Value: $383,300
  • Assessed Improvements Value: $330,000

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 277278
  • Previous Sale Recording Date: Feb 04, 2021
  • Previous Sale Contract Date: Feb 04, 2021
  • Previous Sale Amount: $387,500
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2682 ft²

Average Home Age

62.4 years

Currently For Sale

3273 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: 4 months ago
Data Source: MLS PIN, MLS# 70899777

Frequently Asked Questions

When was property at 68 Chestnut Street built and last sold?
The property at 68 Chestnut Street was built in 1957 and last sold on Dec 23, 2021 for $725,000.
How much is this home worth?
The estimated value of the home located at 68 Chestnut Street is $742,829.
What are some comparable homes to 68 Chestnut Street?
There are currently no comparable homes to 68 Chestnut Street.
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