Active
38 Days on market
132 Central St North Reading — Photo 1 of 39

132 Central St North Reading — Photo 1 of 39

Recent Drop: $34,000

$1,179,000
$1,145,000

$1,145,000

Investment Analysis — 132 Central St

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 2.00% cap rate and $22,931/yr in estimated NOI at the $1,145,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,818

Style

Single Family

Built

2004

Picture-Perfect 3+ Bedroom custom-designed 2004 colonial set away from the street is ready to become your next home! The heart of the home is a lovely expansive eat-in kitchen with a high cathedral ceiling perfect for any chef. Enjoy the 6' island, ample cabinetry and granite countertops, stainless steel appliances, water filtration, and pantry closet. The walls of windows overlook the private backyard. Easily extend entertainment from the kitchen to a combination fireplaced living room, dining area and nook. Bay windows on opposite sides of the room pour natural light in! Front facing office/guest room with double doors is ready for working at home. This level also has mudroom and half bath. The new hardwood floors provide immediate move-in readiness, high value, and visual appeal. Wide center entrance staircase leads to second level. Main king-size bedroom has two closets and private bath. Second and third bedrooms can easily fit queen size beds and have deep closets. Second full bath has double vanity, corian countertop and pocket door. Reading nook and laundry complete floor. Finished lower-level has multiple flexible spaces (family room, gym, craft room, etc.) plus ample storage and built-in shelves. Walk up attic is perfect for storage or future expansion. One car garage is extra deep for additional storage area. Deck off of kitchen/mudroom overlooks private landscaped yard with fire pit and garden area perfect for relaxation and entertainment. Meticulously maintained. Every inch has been thought out to have purpose for family needs! Central Air Conditioner on all levels keeps everyone comfortable! Many updates listed on Feature Sheet! Quick closing is possible to start school year!

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 2,818 sq ft principal dwelling). Lot size: 16,117 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.

Open Houses

Property Details

Financials

Original Price$1,179,000
Annual Taxes$11,725

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Vinyl
BasementFull, Partially Finished

Climate & Utilities

HeatingNatural Gas
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.37
SqFt Lot16,117
Lot Features--

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood • Plumbed For Ice Maker

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Dining RoomOfficeBathroom 1
Basement
Family Room
Main,First
Living RoomKitchen
Living Room
Lvl Main,First

Flooring - Hardwood, Open Floorplan

Dining Room
Lvl First

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting

Kitchen
Lvl Main,First

Cathedral Ceiling(s), Closet, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Open Floorplan, Recessed Lighting

Office
Lvl First

Flooring - Hardwood

Family Room
Lvl Basement

Flooring - Vinyl, Recessed Lighting

Master Bedroom
Lvl Second

Bathroom - 3/4, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Hardwood

Bathroom 2
Lvl Second

Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$1,145,000

Was $1,179,000

Aug 19, 2026

MLS® 73559336

Listed
$1,179,000

Aug 5, 2026

MLS® 73559336

Terminated
$1,179,000

Aug 4, 2026

MLS® 73536813

Listed
$1,179,000

Jun 16, 2026

MLS® 73536813

Listing Provided By

Listing Agent: Marina Tramontozzi

Listing Office: True North Realty

MLS® Number: 73559336