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Middlesex
8 Sullivan Road
$535,000
● House - Off Market

8 Sullivan Road

North Reading, MA 01864
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,000 Ft²
$1,037,483
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model

About This Property

Exceptional Multi-Level home in excellent condition featuring 6 & 7 rooms side by side with great space. Large lot, plenty of parking convenient location . Ideal set-up for in-law. New septic.
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$137
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1962

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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 #70001551)

Price History

Date / Event Date Event Price
Jun 22, 2004 Sold
Premium
Sold
Mar 3, 2004 Listed by Northrup Associates $549,900
Listed by Northrup Associates

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,188
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,277
  • Building Area: 3,277
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,277
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • 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: 330202

Zoning

  • Zoning: RB

Geography

  • District: 213
  • Parcel: NREA M:013.0 B:0000 L:0110.0
  • Lot: 110.0
  • Municipality: NORTH READING
  • Latitude: 42.5895
  • Longitude: -71.1177

    Address

  • Full Address: 8 Sullivan Rd
  • Address - House Number: 8
  • Address - Street Name: Sullivan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: North Reading
  • Carrier Code: R051
  • 4-Digit Zip Code: 1246
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,149,700

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,037,172
  • High Value: 1,220,156
  • Low Value: 854,189

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $870,300
  • Assessed Land Value: $362,300
  • Assessed Improvements Value: $508,000

    Sales

  • Current Sale Recording Date: Jun 22, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1338556
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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70001551

Frequently Asked Questions

When was property at 8 Sullivan Road built and last sold?
The property at 8 Sullivan Road was built in 1962 and last sold on Jan 1, 1970 for $535,000.
How much is this home worth?
The estimated value of the home located at 8 Sullivan Road is $614,796.
What are some comparable homes to 8 Sullivan Road?
There are currently no comparable homes to 8 Sullivan Road.
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