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38 Green Meadow Dr #38 Reading — Photo 1 of 42

38 Green Meadow Dr #38 Reading — Photo 1 of 42

$1,249,000

Investment Analysis — 38 Green Meadow Dr #38

Reading, MA 01867

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01867 carries an estimated $3,140/mo in gross rent — about a 0.77% cap rate and $9,599/yr in estimated NOI at the $1,249,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

3,822

Style

Condominium

Built

2017

Right-size your home. Upgrade your lifestyle. Tucked at the end of a cul-de-sac with private nature views, this 3-bedroom, 3.5-bath townhouse offers a standout setting within the well-established, coveted community of Johnson Woods. Here, you can keep the space to host, the privacy you love and the freedom to leave snow shoveling and leaf bagging behind. A highly sought-after first-floor primary suite with walk-in closet and en-suite bath makes everyday living easy. Soaring ceilings and expansive windows bring an abundance of light and warmth to the family room, while an oversized slider opens to a patio with a peaceful natural backdrop to enjoy throughout every season. Generous kitchen counter space and storage make meal preparation easy, with an adjacent dining room ready for everyday meals and lively dinner parties. Head upstairs to discover two large bedrooms, one offering a second primary option with private bath, along with a dedicated office and spacious loft with room for a play area, hobbies or a recreation room. The finished basement adds even more flexibility, with a full bath and family room ready for movie nights, visiting guests or football Sundays. A spacious laundry room simplifies daily routines, while generous storage throughout keeps everything organized and living spaces uncluttered. The 2-car garage provides sheltered parking and everyday convenience, whether you’re returning with groceries, sports equipment or weekend gear. With room to grow, gather, work and play, this flexible layout adapts to every stage of life. Lawn care and snow removal are handled, leaving more time to enjoy this convenient setting. Close to Austin Prep, Barrows Elementary, and downtown Reading. With convenient access to I-93 and I-95, head into Boston for dinner and a show or north to New Hampshire for a weekend on the slopes. Enjoy room to host celebrations and a peaceful setting to come home to, with more time for gathering, getaways and everyday moments. Settle in before the holidays and trade a longer to-do list for a fuller life in an active, welcoming community.

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

Original Price$1,249,000
Annual Taxes$12,011
HOA Fee$585.57

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoning0000

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
OfficeBedroom 2Bedroom 3Bathroom 3
First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1Bathroom 2
Basement
Family Room
Living Room
Lvl First

20 x 13

Vaulted Ceiling(s), Flooring - Hardwood, Open Floorplan, Recessed Lighting, Slider

Dining Room
Lvl First

19 x 13

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Kitchen
Lvl First

19 x 13

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Peninsula, Lighting - Pendant

Office
Lvl Second

17 x 11

Flooring - Wall to Wall Carpet

Family Room
Lvl Basement

26 x 25

Flooring - Wall to Wall Carpet

Primary Bedroom
Lvl First

22 x 17

Bathroom - 3/4, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second

15 x 12

Bedroom 3
Lvl Second

17 x 13

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - 3/4, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Susan Gormady Group

Listing Office: Classified Realty Group

MLS® Number: 73584350