5 Shore Rd North Reading — Photo 1 of 7
$829,900
Investment Analysis — 5 Shore Rd
North Reading, MA 01864 — Martins Pond
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 3.33% cap rate and $27,628/yr in estimated NOI at the $829,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
1,733
Style
Single Family
Built
1930
WATERFRONT LIVING! Presented at 5 Shore Rd, North Reading, MA, this distinguished single-family residence, encompasses 1733 square feet of refined living space. This property offers a unique opportunity for enjoying year-round vacation living on this beautiful pond-front property—perfect for boating, kayaking, fishing, and even skating in the winter. The property features three well-appointed bedrooms, each designed to provide a private and comfortable retreat. Complementing these are three full bathrooms, offering convenience and privacy for residents and guests alike. Situated on an expansive 11,325 square foot lot, this property provides ample outdoor space for relaxation and recreation. We invite you to discover the exceptional lifestyle this North Reading residence affords. Also conveniently located just 2 miles from the highway, with nearby restaurants, coffee shops, and grocery stores, plus endless outdoor activities at Harold Parker’s hiking trails—you’ll have the perfect blend of relaxation and convenience. Open House: Sat 9/26 & Sun 9/27 12-2. All offers will be looked at on 9/24.
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: 867 sq ft (the lesser of 900 sq ft or half the 1,733 sq ft principal dwelling). Lot size: 11,326 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Highway Access
Geography
Listing Agent: Tommy Vo
Listing Office: Cameron Real Estate Group
MLS® Number: 73580181