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Middlesex
89 Park Street
Photo of 89 Park Street
Sold on Jul 13, 2007

1

Map

$375,000
● House - Off Market

89 Park Street

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$702,553
RealtyHop Estimate
87.40%
Since Aug 1, 2007
MA-Boston
Primary Model

About This Property

Wonderful opportunity to own a home within walking distance to town, schools, library and Ipswich River Park.  Great three bedroom full shed dormered Cape with two full baths, updated kitchen with corian counters, freshly painted interior, thermopane windows, finished room in basement,hardwood floors refinished in February,  breezeway leading to two teired deck and garage Great corner lot and really nice backyard.  Title V cerified. Elementary bus stop at driveway.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$279
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #70555734)

Price History

Date / Event Date Event Price
Jul 13, 2007 Sold
Premium
Sold
Apr 10, 2007 Listed $374,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 1,076
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,036
  • Building Area: 2,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,036
  • Heating Fuel Type: 3

    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: 330102

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:061.0 B:0000 L:0064.0
  • Lot: 64.0
  • Municipality: NORTH READING
  • Latitude: 42.5725
  • Longitude: -71.0698

    Address

  • Full Address: 89 Park St
  • Address - House Number: 89
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 2544
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $958,900

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 810,640
  • High Value: 956,407
  • Low Value: 664,873

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $725,900
  • Assessed Land Value: $350,600
  • Assessed Improvements Value: $375,300

    Sales

  • Current Sale Recording Date: Jul 13, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00129428
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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: 5 months ago
Data Source: MLS PIN, MLS# 70555734

Frequently Asked Questions

When was property at 89 Park Street built and last sold?
The property at 89 Park Street was built in 1950 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 89 Park Street is $390,478.
What are some comparable homes to 89 Park Street?
There are currently no comparable homes to 89 Park Street.
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