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320 Martins Landing #209 North Reading — Photo 1 of 1

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.

View Standard Listing

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

Original Price$615,995
Annual Taxes$7,181.84
HOA Fee$407.95

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Tile, Carpet
BasementN

Climate & Utilities

HeatingNatural Gas
CoolingCentral Air
WaterPublic
SewerOther

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRC

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

First
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bathroom 1
Lvl First

Property History

Listed
$615,995

Oct 2, 2026

MLS® 73586074

Sold
$622,995

Jan 26, 2026

MLS® 73464726

Listed
$589,995

Jan 2, 2026

MLS® 73464726

Listing Provided By

Listing Agent: Karen Uga

Listing Office: Charlesgate Realty Group LLC

MLS® Number: 73586074