28 Main Street #5 North Reading — Photo 1 of 30
$339,900
Investment Analysis — 28 Main Street #5
North Reading, MA 01864
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01864 carries an estimated $3,170/mo in gross rent — about a 5.98% cap rate and $20,315/yr in estimated NOI at the $339,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
835
Style
Condominium
Built
1978
Welcome to Roland Place Condominiums where you will find this 2nd floor corner unit featuring a large open living room with 5+- year old built in air conditioning unit that cools the entire space, spacious eat-in kitchen with plenty of counterspace and beautiful white cabinetry. Gleaming hardwood floors throughout with two spacious bedrooms featuring double closets and ceiling fans, modern full bath with ceramic tile tub surround, reglazed tub and ceramic tile flooring. Home comes with two-deeded parking spaces. Low condo fee includes heat and hot water and the building features laundry facilities and outdoor space and guest/visitor parking areas. Conveniently located near almost everything including Walmart & East Gate Shopping Centers, hair & nail salons and the delicious Lobster Claw Restaurant. Enjoy the outdoors by visiting the hiking/walking trails at Harold State Park and Ipswich River Park.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher
Neighborhood
Shopping • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondFlooring - Hardwood
Kitchen
Lvl SecondFlooring - Hardwood, Dining Area
Primary Bedroom
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl SecondBathroom 1
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: Diane Chuha
Listing Office: Bond Realty, Inc.
MLS® Number: 73585560
