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Middlesex
7 Foley Dr
Photo of 7 Foley Dr
Sold on Aug 27, 2007

1

Map

$440,000
● House - Off Market

7 Foley Dr

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
$937,404
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model

About This Property

Well cared for sun-filled home on a superb corner lot in a most desirable locale. This home is approximately one mile from the town center which includes the newly contructed Batchelder elemetary school. Over 1500sf on the main floor plus 2 additional large finished rooms and a full bath on the lower level. Move-in condition and ready for immediate occupancy!
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1966

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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 #70505496)

Price History

Date / Event Date Event Price
Aug 30, 2016 Sold
Premium
Sold
Aug 27, 2007 Sold
Premium
Sold
Jan 3, 2007 Listed $499,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,170
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,032
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,527
  • Building Area: 1,527
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,527
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • 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: 330101

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:052.0 B:0000 L:0083.0
  • Lot: 83.0
  • Municipality: NORTH READING
  • Latitude: 42.5859
  • Longitude: -71.0783

    Address

  • Full Address: 7 Foley Dr
  • Address - House Number: 7
  • Address - Street Name: Foley
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C006
  • 4-Digit Zip Code: 1507
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $971,200

    Appraisal Valuation

  • Standard Deviation: 0.1748
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 904,633
  • High Value: 1,062,836
  • Low Value: 746,430

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $735,200
  • Assessed Land Value: $408,500
  • Assessed Improvements Value: $326,700

    Sales

  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 151119
  • Previous Sale Recording Date: Aug 27, 2007
  • Previous Sale Amount: $440,000
  • 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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70505496

Frequently Asked Questions

When was property at 7 Foley Drive built and last sold?
The property at 7 Foley Drive was built in 1966 and last sold on Jan 1, 1970 for $592,500.
How much is this home worth?
The estimated value of the home located at 7 Foley Drive is $504,899.
What are some comparable homes to 7 Foley Drive?
There are currently no comparable homes to 7 Foley Drive.
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