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2 Days on market
472 Summer Avenue Reading — Photo 1 of 34

472 Summer Avenue Reading — Photo 1 of 34

$2,149,000

Investment Analysis — 472 Summer Avenue

Reading, MA 01867

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01867 carries an estimated $3,470/mo in gross rent — about a 0.27% cap rate and $5,858/yr in estimated NOI at the $2,149,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3.5

SqFt

4,930

Style

Single Family

Built

2026

This spectacular new construction home in one of Readings desirable neighborhoods, is poised on a rare 33,824 acre lot and set across from Leach Park. This spacious home offers a sophisticated design which blends seamlessly with every day functionality, offering 12 rooms, 5 bedrooms, 3.5 baths and a large 3 car attached garage. A striking stone front porch, an expansive open concept floor plan and a thoughtfully designed kitchen with a large center island, a walk in pantry and Bosch appliances. The comfortable family room centered around a gas fireplace transitions to the large covered rear deck which has a dedicated gas line for grilling. A formal dining room, living room, office, half bath and a large foyer completes the first floor. The upper level has 4 bedrooms and 2 full baths which includes a luxury primary suite with a spacious bedroom, bathroom and two walk in closets. The walk out lower level features a secondary living space which includes another large family room, the 5th bedroom, a media room or work out space and access to the beautifully landscaped exterior and patio. Built with meticulous attention to detail and high end finishes throughout. The specification list, floor plans and plot pan is attached, please see for more details.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 4,930 sq ft principal dwelling). Lot size: 33,824 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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$2,149,000
Annual Taxes--

Parking

Garage3
Off-Street7

Interior Specifications

Total Rooms12
Fireplaces1
FlooringTile, Laminate, Hardwood, Flooring - Hardwood
BasementFull, Walk-Out Access, Interior Entry, Garage Access, Radon Remediation System

Climate & Utilities

HeatingForced Air, Natural Gas, Propane
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.78
SqFt Lot33,824
Lot FeaturesWooded

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

15 x 14

Flooring - Hardwood

Dining Room
Lvl First

17 x 15

Flooring - Hardwood

Kitchen
Lvl First

17 x 14

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Slider, Stainless Steel Appliances, Storage

Family Room
Lvl First

22 x 22

Flooring - Hardwood

Primary Bedroom
Lvl Second

22 x 15

Bathroom - Full, Bathroom - Double Vanity/Sink

Bedroom 2
Lvl Second

14 x 13

Bedroom 3
Lvl Second

15 x 12

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

14 x 12.8

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Bathroom 3
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: Sumi Sinnatamby

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73582457