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Middlesex
7 Dodge Road
Photo of 7 Dodge Road
Sold on Apr 29, 2005

1

Map

$585,000
● House - Off Market

7 Dodge Road

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,008 Ft²
$1,060,098
RealtyHop Estimate
76.71%
Since May 1, 2005
MA-Boston
Primary Model

About This Property

Magazine quality custom built home.  Gourmet kitchen w/stainless steel app, granite, birch cab, beverage center, built-in desk and wine rack, pine floors, subzero refrigerator, pro. stove/heating lights and more.  Master bath w/jacuzzi, stand-up shower and double sink. Family room w/FP, pine flrs, finished basement w/berber and built-ins.  Ceramic baths w/wainscoting.  All closets w/built-in organizers.
Unit Size
2,008 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$299
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1994

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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: 6 months ago (MLSPIN #70134280)

Price History

Date / Event Date Event Price
Apr 29, 2005 Sold
Premium
Sold
Jan 13, 2005 Listed $599,900
Listed
Jun 30, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,158
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,979
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,008
  • Building Area: 2,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000803
  • 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:0118.0
  • Lot: 118.0
  • Municipality: NORTH READING
  • Latitude: 42.576
  • Longitude: -71.0863

    Address

  • Full Address: 7 Dodge Rd
  • Address - House Number: 7
  • Address - Street Name: Dodge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R053
  • 4-Digit Zip Code: 2351
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $975,700

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 935,428
  • High Value: 1,100,462
  • Low Value: 770,395

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $738,600
  • Assessed Land Value: $378,500
  • Assessed Improvements Value: $360,100

    Sales

  • Current Sale Recording Date: Apr 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00086318
  • Previous Sale Recording Date: Jun 30, 1994
  • Previous Sale Amount: $177,000
  • 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:

$822,000

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2697 ft²

Average Home Age

65.4 years

Currently For Sale

3026 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

Currently no nearby rentals
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70134280

Frequently Asked Questions

When was property at 7 Dodge Road built and last sold?
The property at 7 Dodge Road was built in 1994 and last sold on Jan 1, 1970 for $585,000.
How much is this home worth?
The estimated value of the home located at 7 Dodge Road is $620,756.
What are some comparable homes to 7 Dodge Road?
There are currently no comparable homes to 7 Dodge Road.
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