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Middlesex
8 Allston Road
Photo of 8 Allston Road

1

Map

$395,000
● House - Off Market

8 Allston Road

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,942 Ft²
$2,312
Est. Monthly

About This Property

CASUAL & COMFORTABLE - EVERYTHING YOU NEED!  FOUR BEDROOM, TWO & ONE HALF BATH HOME REMODELED & UPDATED. GORGEOUS CHERRY & GRANITE KITCHEN, STAINLESS APPLIANCES, OPEN FLOOR PLAN, GAS FIREPLACE, 1ST FLR FAMILY ROOM wired for SURROUND SOUND & a perfect spot for your FLAT SCREEN TV!   SPACIOUAS MBR w/ private bath, 36x18 HEATED 2 CAR GARAGE w I BEAM. Watch BEAUTIFUL SUNSETS OVER POND from 20 x12 COVERED PORCH ovrlkg POOL & GREAT YARD.  WINTER FUN on AWESOME SKATING RINK!  GREAT HOME FOR ALL SEASONS
Unit Size
1,942 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$203
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1940

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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: 2 months ago (MLSPIN #71184521)

Price History

Date / Event Date Event Price
Oct 13, 2020 Sold
Premium
Sold
Aug 6, 2020 Listed by RE/MAX Heritage, LLC $639,000
Listed by RE/MAX Heritage, LLC
Oct 7, 2016 Sold
Premium
Sold
Aug 23, 2016 Listed by RE/MAX Heritage, LLC $489,900
Listed by RE/MAX Heritage, LLC
Feb 3, 2011 Listed by RE/MAX Heritage, LLC $395,000
Listed by RE/MAX Heritage, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 724
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,998
  • Gross Building Area: 2,722
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • 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: 330200

Zoning

  • Zoning: RB

Geography

  • Parcel: NREA M:12-P:082
  • Municipality: NORTH READING
  • Latitude: 42.5953
  • Longitude: -71.1209

    Address

  • Full Address: 8 Allston Rd
  • Address - House Number: 8
  • Address - Street Name: Allston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R001
  • 4-Digit Zip Code: 1202
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $857,361

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Jun 23, 2021
  • Confidence Score: 81
  • Final Value: 681,148
  • High Value: 783,460
  • Low Value: 578,835

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $551,400
  • Assessed Land Value: $264,700
  • Assessed Improvements Value: $286,700

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 185087
  • Previous Sale Recording Date: Oct 07, 2016
  • Previous Sale Amount: $505,000
  • 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

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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: 2 months ago
Data Source: MLS PIN, MLS# 71184521

Frequently Asked Questions

When was property at 8 Allston Road built and last sold?
The property at 8 Allston Road was built in 1940 and last sold on Oct 9, 2020 for $650,000.
How much is this home worth?
The estimated value of the home located at 8 Allston Road is $654,805.
What are some comparable homes to 8 Allston Road?
There are currently no comparable homes to 8 Allston Road.
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