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13 Brook Street Reading — Photo 1 of 42

13 Brook Street Reading — Photo 1 of 42

$699,000

Investment Analysis — 13 Brook Street

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 3.06% cap rate and $21,380/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,228

Style

Single Family

Built

1931

Welcome home to this charming 3 bed,1.5-bath Cape offering 1,228 sq ft of spotless open concept comfortable living. Located just outside downtown Reading! This move-in ready home blends classic character with modern updates including newer kitchen, beautifully refinished hardwood floors on both levels, as well as fresh paint throughout 1st floor. The open floor plan is ideal for today’s lifestyle, with sun-filled living and dining areas that offer inviting spaces to relax or entertain. The updated full and half baths add convenience, while the one-car garage provides extra storage. The basement is just waiting to be finished! An oversized private deck overlooks a large, flat, fenced-in backyard that backs up to conservation land—perfect for privacy and outdoor enjoyment. Great opportunity to own in a desirable quiet Reading neighborhood close to downtown, commuter rail, schools, and major routes.

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: 614 sq ft (the lesser of 900 sq ft or half the 1,228 sq ft principal dwelling). Lot size: 7,000 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$699,000
Annual Taxes$7,257

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms6
FireplacesNone
FlooringCarpet, Laminate, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Space Heater, Oil, Hydro Air
CoolingWindow Unit(s), None
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningS15

Property & Lot

Acres0.16
SqFt Lot7,000
Lot FeaturesWooded, Level

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Family Room
Main,First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl Main,First

10 x 13

Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Lighting - Overhead

Dining Room
Lvl Main,First

10 x 9

Flooring - Hardwood, Open Floorplan, Lighting - Overhead

Kitchen
Lvl Main,First

12 x 9

Flooring - Hardwood, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances, Lighting - Overhead

Family Room
Lvl First

11 x 10

Primary Bedroom
Lvl Main,First

11 x 14

Flooring - Wall to Wall Carpet, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead

Bathroom 1
Lvl Main,First

7 x 6

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate

Bathroom 2
Lvl Second

6 x 6

Bathroom - Half, Flooring - Laminate, Countertops - Upgraded, Cabinets - Upgraded, Lighting - Pendant

Listing Provided By

Listing Agent: Jennifer Haloon

Listing Office: Keller Williams Realty Boston Northwest

MLS® Number: 73581854