
118 Eaton St. #11 Reading — Photo 1 of 23
$1,095,000
Investment Analysis — 118 Eaton St. #11
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 1.26% cap rate and $13,803/yr in estimated NOI at the $1,095,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,631
Style
Condominium
Built
2022
Welcome to 118 Eaton Street, an exceptional 2022-build, 2,631-square-foot townhome offering sophisticated design, generous living space, and an outstanding Reading location. Featuring 3 bedrooms, 2.5 baths, a private top-floor primary suite, dedicated home office, and 2-car tandem garage, this nearly new residence combines the space and amenities of a single-family home with the ease of townhome living. The heart of the home is the bright, open-concept kitchen, dining and living area—an inviting space designed for both everyday living and entertaining. The beautifully appointed kitchen features high-end stainless-steel appliances, crisp white cabinetry, a large pantry, and an impressive waterfall-edge quartz island with generous seating and prep space. Step directly from the kitchen onto the large private composite deck overlooking the protected wetlands of Walkers Brook, creating a peaceful natural backdrop rarely found in such a convenient location. The third level features two spacious bedrooms, a full bath, dedicated home office, and conveniently located laundry area. Above, the entire top floor is dedicated to the impressive primary suite, offering high ceilings, a generous walk-in closet, and luxurious spa-inspired bath—a true private retreat. Thoughtful upgrades and modern conveniences are found throughout, including high-efficiency Andersen 400 Series windows, tankless hot water, prewired high-wall TV outlets with concealed wiring conduits in the living room and all bedrooms, a dedicated outlet for an electric fireplace, and a smart garage-door opener with integrated camera. The 2-car tandem garage provides valuable parking, storage, and everyday convenience. The location is equally impressive. Reading MBTA Station is a short distance away, offering commuter rail service to Boston's North Station, while I-93 and Routes 128/I-95 provide convenient highway access. Downtown Reading's restaurants, cafés, shops, services, and parks are nearby, while The Crossing at Walkers Brook is approximately ¼ mile away, providing easy access to shopping, supermarkets, dining, entertainment, and everyday necessities. Nearly new construction, 2,631 square feet of living space, a private primary-suite level, conservation views, 2-car tandem garage, and exceptional commuter access make 118 Eaton Street a standout opportunity in Reading.
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Disposal • Microwave • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Dishwasher • Range Hood • Oven
Neighborhood
Public Transportation • Shopping • Park • Highway Access • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondBathroom - Half, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Open Floorplan, Recessed Lighting, Lighting - Overhead, Crown Molding
Dining Room
Lvl SecondFlooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Pendant, Crown Molding
Kitchen
Lvl SecondFlooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant, Crown Molding, Pocket Door
Master Bedroom
Lvl Fourth FloorBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Cable Hookup, Recessed Lighting, Lighting - Pendant, Lighting - Overhead
Bedroom 2
Lvl ThirdBedroom 3
Lvl ThirdCloset, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Recessed Lighting
Bathroom 1
Lvl Main,SecondBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce
Bathroom 2
Lvl ThirdBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Bathroom 3
Lvl Fourth FloorBathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Lighting - Overhead
Listing Agent: Michael J. Ford
Listing Office: Coldwell Banker Realty - Framingham
MLS® Number: 73565075
