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4 Cleek Court #4 North Reading — Photo 1 of 30

4 Cleek Court #4 North Reading — Photo 1 of 30

$1,049,000

Investment Analysis — 4 Cleek Court #4

North Reading, MA 01864

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01864 carries an estimated $3,800/mo in gross rent — about a 1.40% cap rate and $14,662/yr in estimated NOI at the $1,049,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

2,860

Style

Condominium

Built

1983

OPEN HOUSE SUNDAY 11 to 1PM**Single family home with abundant first floor living space, INCLUDING FIRST FLOOR PRIMARY SUITE and a two-car garage situated on a breath-taking beautiful golf course. That is only the start of this spectacular townhome with an expansive deck overlooking the 16th fairway. Two story foyer welcomes you into this impressive home where you will find two bedrooms upstairs, one converted to a great office space overlooking the front fairway of the 2nd hole. The other bedroom on this floor is the same size as the first-floor primary, big enough for a king-sized bed or two twins. Full bathroom with tub on second floor for your added convenience. The beautifully finished lower level expands the living space to include a comfortable den, workout area or playroom. Full bathroom with shower and another bedroom with walk in closet. Lastly, a large workroom and plenty of storage. Best of all, the landscaping, snow removal and exterior maintenance are included in your condo fee. Social memberships are available as added benefits. Downsizing never felt this good.

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 MLS and other third-party data may be inaccurate or out of date.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$1,049,000
Annual Taxes$10,478
HOA Fee$793

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Concrete, Flooring - Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRA

Property & Lot

Acres--
SqFt Lot172
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Golf • Medical Facility • Highway Access • House of Worship • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3
Main,First
Living RoomDining RoomKitchenPrimary Bedroom
Living Room
Lvl Main,First

17 x 13

Flooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled

Dining Room
Lvl Main,First

15 x 11

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Kitchen
Lvl Main,First

16 x 11

Closet/Cabinets - Custom Built, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant, Closet - Double

Primary Bedroom
Lvl Main,First

17 x 13

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Deck - Exterior, Double Vanity, Recessed Lighting, Slider

Bedroom 2
Lvl Second

17 x 13

Bedroom 3
Lvl Second

11 x 14

Closet

Listing Provided By

Listing Agent: Penny G. Mckenzie

Listing Office: Coldwell Banker Realty - Lynnfield

MLS® Number: 73584580