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Middlesex
7 Swan Pond Road
$455,000
● House - Off Market

7 Swan Pond Road

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$810,439
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Mint condition charming  three B/R Cape on quiet side street. Located in desirable neighborhood in the Batchelder School District with new Middle School and High School. This home features a Sunny Open Floor Concept. The 1st floor has been totally remodeled . This home has a beautiful granite and stainless steel kitchen with gleaming hardwood floors throughout and a Study/Den with custom-built shelving . Washer and dryer also on the 1st floor  2nd floor features  3 bedrms & full bath. Master bedrm has 2 walk-in closets. Lower level is partially finished for playrm or exercise room w/direct access to garage. Add feat include: front porch, large deck, storage shed,irrigation system and fenced in yard.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$294
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1952

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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: 6 months ago (MLSPIN #71754283)

Price History

Date / Event Date Event Price
Dec 15, 2014 Sold
Premium
Sold
Oct 8, 2014 Listed by Century 21 Crowley - Braese $444,900
Listed by Century 21 Crowley - Braese
Jun 29, 2001 Sold
Premium
Sold
Mar 9, 2001 Listed by Century 21 Crowley - Braese $279,900
Listed by Century 21 Crowley - Braese

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 864
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,979
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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:075.0 B:0000 L:0033.0
  • Lot: 33.0
  • Municipality: NORTH READING
  • Latitude: 42.5766
  • Longitude: -71.0563

    Address

  • Full Address: 7 Swan Pond Rd
  • Address - House Number: 7
  • Address - Street Name: Swan Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: C004
  • 4-Digit Zip Code: 2931
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $820,600

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 717,491
  • High Value: 835,535
  • Low Value: 599,448

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $621,200
  • Assessed Land Value: $339,900
  • Assessed Improvements Value: $281,300

    Sales

  • Current Sale Recording Date: Dec 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 192674
  • Previous Sale Recording Date: Jun 29, 2001
  • Previous Sale Amount: $275,000
  • 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:

$824,900

Sale Price/ft²

$439

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2702 ft²

Average Home Age

65.1 years

Currently For Sale

3030 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: 6 months ago
Data Source: MLS PIN, MLS# 71754283

Frequently Asked Questions

When was property at 7 Swan Pond Road built and last sold?
The property at 7 Swan Pond Road was built in 1952 and last sold on Jan 1, 1970 for $455,000.
How much is this home worth?
The estimated value of the home located at 7 Swan Pond Road is $457,233.
What are some comparable homes to 7 Swan Pond Road?
There are currently no comparable homes to 7 Swan Pond Road.
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