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Middlesex
8 Susan Drive
Photo of 8 Susan Drive
Sold on Aug 24, 2007

1

Map

$395,000
● House - Off Market

8 Susan Drive

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,024 Ft²
$766,950
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model

About This Property

YOU OWE IT TO YOURSELF TO VIEW THIS GORGEOUS HOME IN ONE OF N.RDNG'S MOST BEAUTIFUL AREAS! Mint! MOVE RIGHT IN! Home boasts newly finished HW floors,lovely new kitchen w/ample cabinets,new windows & furnace. Finished lower level w/spacious family room w/brick fireplace,office(or 4th bdrm)& jacuzzi! Exquisitely maintained grounds w/sprinkler system,stunning yard w/breathtaking perennials,heated/above-ground pool,2 storage sheds & fully equipped screen house for entertaining! PRICED TO GO! HURRY!
Unit Size
2,024 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$202
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1965

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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: 4 months ago (MLSPIN #70573070)

Price History

Date / Event Date Event Price
Aug 24, 2007 Sold
Premium
Sold
May 7, 2007 Listed $409,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 968
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • 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:063.0 B:0000 L:0017.0
  • Lot: 17.0
  • Municipality: NORTH READING
  • Latitude: 42.583
  • Longitude: -71.0686

    Address

  • Full Address: 8 Susan Dr
  • Address - House Number: 8
  • Address - Street Name: Susan
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 2444
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $810,300

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 735,299
  • High Value: 864,026
  • Low Value: 606,572

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,400
  • Assessed Land Value: $363,400
  • Assessed Improvements Value: $250,000

    Sales

  • Current Sale Recording Date: Aug 24, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00159007
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70573070

Frequently Asked Questions

When was property at 8 Susan Drive built and last sold?
The property at 8 Susan Drive was built in 1965 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 8 Susan Drive is $438,037.
What are some comparable homes to 8 Susan Drive?
There are currently no comparable homes to 8 Susan Drive.
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