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Middlesex
99 Elm Street
$685,000
● House - Off Market

99 Elm Street

North Reading, MA 01864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,740 Ft²
$695,921
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Don't miss this MOVE-IN ready RANCH style home! Situated on nearly a half-acre, corner, level, and fenced lot this home is ready for backyard entertaining. The interior features an open concept kitchen/dining/living area with hardwood floors, recessed lighting, and crown molding throughout. Three bedrooms and an updated main bathroom complete the first level. The finished basement offers a spacious family room, ¾ bathroom, storage, utility room, and a bonus room that can be used for a home office. Single level living with room to expand makes this home a great opportunity for first-time buyers, growing families, or even downsizing.
Unit Size
1,740 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$394
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1961

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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 #72981236)

Price History

Date / Event Date Event Price
Jun 10, 2022 Sold
Premium
Sold
May 12, 2022 Listed by J. Mulkerin Realty $684,900
Listed by J. Mulkerin Realty
Sep 4, 2019 Sold
Premium
Sold
Jun 19, 2019 Listed by J. Mulkerin Realty $425,000
Listed by J. Mulkerin Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • 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: 11
  • 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: 1,182
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,374
  • Building Area: 1,374
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,374
  • 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:078.0 B:0000 L:0084.0
  • Lot: 84.0
  • Municipality: NORTH READING
  • Latitude: 42.5743
  • Longitude: -71.0445

    Address

  • Full Address: 99 Elm St
  • Address - House Number: 99
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: North Reading
  • Carrier Code: C004
  • 4-Digit Zip Code: 2912
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $819,500

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 667,485
  • High Value: 771,001
  • Low Value: 563,968

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $620,400
  • Assessed Land Value: $359,300
  • Assessed Improvements Value: $261,100

    Sales

  • Current Sale Contract Date: Jun 10, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 87895
  • Previous Sale Recording Date: Sep 04, 2019
  • Previous Sale Contract Date: Aug 29, 2019
  • Previous Sale Amount: $415,000
  • 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:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65.2 years

Currently For Sale

3105 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: 5 months ago
Data Source: MLS PIN, MLS# 72981236

Frequently Asked Questions

When was property at 99 Elm Street built and last sold?
The property at 99 Elm Street was built in 1961 and last sold on Jun 10, 2022 for $685,000.
How much is this home worth?
The estimated value of the home located at 99 Elm Street is $694,527.
What are some comparable homes to 99 Elm Street?
There are currently no comparable homes to 99 Elm Street.
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