
320 Martins Landing #209 North Reading — Photo 1 of 1
$615,995
Investment Analysis — 320 Martins Landing #209
North Reading, MA 01864
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01864 carries an estimated $2,670/mo in gross rent — about a 1.99% cap rate and $12,273/yr in estimated NOI at the $615,995 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
1,115
Style
Condominium
Built
2025
Enjoy the lifestyle you’ve been waiting for at Magnolia at Martins Landing! This beautifully appointed home offers the perfect blend of comfort, style, and easy living in one of North Reading’s desirable 55+ communities. Step inside to a bright and welcoming open floor plan designed for both relaxed living and effortless entertaining. The stylish kitchen is the heart of the home, featuring stainless steel appliances, abundant cabinetry, and an oversized island where everyone naturally gathers. The spacious owner’s suite provides a peaceful retreat, complete with a generous walk-in closet and a beautifully appointed bath. French doors lead to a flexible den that can easily become a home office, reading room, guest space, or creative studio—whatever suits your lifestyle. Beyond your front door, Martins Landing offers an exceptional active-adult lifestyle surrounded by mature trees and peaceful natural beauty. Enjoy the convenience of a charming historic town center nearby, while being only about 20 miles from Boston and within easy reach of area beaches, lakes, shopping, dining, and entertainment. Come discover the comfort, community, and carefree lifestyle that make Magnolia at Martins Landing such a wonderful place to call home.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Conservation Area • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBathroom 1
Lvl FirstProperty History
$615,995
Oct 2, 2026
MLS® 73586074
$622,995
Jan 26, 2026
MLS® 73464726
$589,995
Jan 2, 2026
MLS® 73464726
Listing Agent: Karen Uga
Listing Office: Charlesgate Realty Group LLC
MLS® Number: 73586074








