
127 Johnson Woods Dr #127 Reading — Photo 1 of 40
$1,199,900
Investment Analysis — 127 Johnson Woods Dr #127
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 1.22% cap rate and $14,651/yr in estimated NOI at the $1,199,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
3,358
Style
Single Family
Built
2007
Experience LUXURY living at sought after Johnson Woods, a distinguished community in picturesque Reading. This spacious end-unit townhouse offers 3 bedrooms, 3.5 baths, 2 PRIMARY SUITES, 3 fireplaces, a 3-car tandem garage, private patio, large kitchen, and a 1st-floor bedroom with a full bath. Sun-filled with abundant windows on every level, it creates a bright, inviting feel. The impressive 4-level layout features open ceilings with views to the upper floors, plus a balcony overlooking the 1st-floor sitting area and kitchen. Vaulted ceilings in the family and sitting rooms, along with 9-foot ceilings in the bedrooms, enhance the home's spacious feel. High ceilings, custom moldings, hardwood floors, 5 crystal chandeliers, and exceptional storage add timeless elegance. The luxurious second-floor primary retreat features a custom walk-in closet and beautifully tiled walk-in shower, while the additional primary suite provides outstanding flexibility for extended family or guests. A loft and finished lower level with a full bath offer the perfect space for guests, a home office, or gym. Ideally located just 0.4 miles from the prestigious Austin Preparatory School and only 1.5 miles to the commuter rail, shopping, dining, and Routes 93/95A. A rare opportunity you do not want to miss!
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 3,358 sq ft principal dwelling).
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
Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First15.25 x 16.666666666
Vaulted Ceiling(s), Flooring - Hardwood, Exterior Access, Open Floorplan, Slider, Lighting - Sconce
Dining Room
Lvl Main,First15.25 x 14.166666666
Flooring - Hardwood, Open Floorplan, Recessed Lighting, Wainscoting, Crown Molding, Tray Ceiling(s)
Kitchen
Lvl Main,First15.166666666 x 13.5
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Family Room
Lvl Main,First15.25 x 15.25
Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Master Bedroom
Lvl Second16.333333333 x 14.5
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Tray Ceiling(s)
Bedroom 2
Lvl First13.333333333 x 24.583333333
Bedroom 3
Lvl Basement14.75 x 13.166666666
Flooring - Wall to Wall Carpet, Recessed Lighting
Bathroom 1
Lvl First6.5 x 3.333333333
Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Pedestal Sink
Bathroom 2
Lvl Main,First11.833333333 x 8.5
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting, Lighting - Overhead
Bathroom 3
Lvl Second12.333333333 x 9.166666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Overhead
Property History
$1,199,900
Jul 15, 2026
MLS® 73550207
$1,199,900
Jul 15, 2026
MLS® 73550147
$1,229,900
Jul 12, 2026
MLS® 73512525
$1,229,900
May 5, 2026
MLS® 73512525
Listing Agent: Jennifer Mason
Listing Office: Coldwell Banker Realty - Andovers/Readings Regional
MLS® Number: 73550207
