Active Under Contract
87 Days on market
20 Nugent Lane Reading — Photo 1 of 42

20 Nugent Lane Reading — Photo 1 of 42

$1,299,900

Investment Analysis — 20 Nugent Lane

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 1.30% cap rate and $16,953/yr in estimated NOI at the $1,299,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

3,119

Style

Single Family

Built

1995

EASY TO SHOW~WELCOME HOME to 20 Nugent Lane — where exceptional space, thoughtful design, and incredible outdoor space come together to create a home you’ll love! This custom-built, one-owner residence immediately impresses with its inviting open floor plan and spacious living areas. The front door opens to a spacious and unique floor plan to include: a warm and welcoming family room with a stunning custom stone fireplace, and a beautifully remodeled eat-in kitchen that flows effortlessly into the expansive, casual dining room — truly the heart of this special home.Upstairs are three generous bedrooms, including a fantastic primary suite, 2 full baths, and the convenience of a dedicated laundry area. The finished lower level is filled with natural light and offers a spacious rec room with wet bar, home office, 3rd full bath, abundant storage, utility room, and direct access to the two-car garage. Walk out to the fabulous, fenced-in backyard designed for enjoying every season whether relaxing or entertaining.Discover the unmatched quality updates throughout: BRAND NEW CENTRAL AIR AND ELECTRICAL PANEL, beautiful hardwood floors, oversized Andersen windows, updated lighting, cedar siding, composite decking, NEW roof, newer boiler & hot water system, newer driveway, and freshly painted exterior. 20 Nugent Lane delivers the space, comfort and style you've been waiting for.

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 3,119 sq ft principal dwelling). Lot size: 32,465 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.

Immersive Experience

Property Details

Financials

Original Price$1,299,900
Annual Taxes$11,684

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Vinyl, Carpet, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementFull, Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air, Other
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningS20

Property & Lot

Acres0.75
SqFt Lot32,465
Lot FeaturesCul-De-Sac, Wooded, Easements

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
Basement
Office
Main,First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl Main,First

17.666666666 x 13.916666666

Ceiling Fan(s), Flooring - Hardwood

Dining Room
Lvl Main,First

20.75 x 12.5

Flooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Overhead

Kitchen
Lvl Main,First

21.083333333 x 14.333333333

Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Overhead

Office
Lvl Basement

9.75 x 6.25

Family Room
Lvl Main,First

14.916666666 x 12.916666666

Ceiling Fan(s), Flooring - Hardwood

Master Bedroom
Lvl Second

19.583333333 x 17.333333333

Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup

Bedroom 2
Lvl Second

16.833333333 x 15.083333333

Bedroom 3
Lvl Second

15.833333333 x 13.833333333

Flooring - Wall to Wall Carpet, Cable Hookup, Closet - Double

Bathroom 1
Lvl Main,First

5.583333333 x 4.083333333

Bathroom - Half, Lighting - Sconce, Lighting - Overhead

Bathroom 2
Lvl Second

8 x 7.25

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead

Bathroom 3
Lvl Second

16.166666666 x 7.666666666

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead

Listing Provided By

Listing Agent: Mary Ann Quinn Team

Listing Office: Premier Realty Group, Inc.

MLS® Number: 73537952