Active
36 Days on market
18 Gordon Rd North Reading — Photo 1 of 37

18 Gordon Rd North Reading — Photo 1 of 37

$719,000

Investment Analysis — 18 Gordon Rd

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 3.73% cap rate and $26,803/yr in estimated NOI at the $719,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,350

Style

Single Family

Built

1934

Welcome to this inviting 3-bedroom, 2-bathroom home, thoughtfully designed to provide comfort, versatility, and everyday convenience. The spacious layout offers room for everyone, with well-sized bedrooms, two full bathrooms, and inviting living spaces ideal for relaxing or entertaining.At the heart of the home is a welcoming living area that flows naturally into the kitchen and dining spaces, creating an easy setting for gatherings and daily life. The kitchen offers practical functionality and ample room for meal preparation, while the adjoining spaces provide flexibility for hosting family and friends.One of the home’s most appealing features is the four-season porch. Filled with year-round potential, this bright and versatile space can serve as a peaceful retreat, reading area, entertainment space, or a comfortable place to enjoy your morning coffee while taking in the changing seasons.The dedicated home office adds valuable flexibility for remote work, studying, or managing household tasks. It provides a quiet, separate space to stay productive without sacrificing one of the home’s bedrooms.With its functional floor plan, comfortable living areas, and adaptable spaces, this home is an excellent choice for those seeking both convenience and charm. Whether you’re working from home, hosting guests, or enjoying a quiet evening in the four-season porch, this property offers the space and flexibility to fit a variety of lifestyles.

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 2,350 sq ft principal dwelling). Lot size: 8,712 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$719,000
Annual Taxes$7,853

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms9
Fireplaces1
Flooring--
BasementFull, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerInspection Required for Sale

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.2
SqFt Lot8,712
Lot Features--

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3
First
Living RoomDining RoomKitchenBathroom 1Bathroom 2
Basement
Office
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Office
Lvl Basement
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl First
Listing Provided By

Listing Agent: Gerald Mullen

Listing Office: NextHome Signature Realty

MLS® Number: 73566321