
32 Dividence Rd Reading — Photo 1 of 42
$959,000
Investment Analysis — 32 Dividence Rd
Reading, MA 01867 — Wood End
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01867 carries an estimated $3,470/mo in gross rent — about a 2.40% cap rate and $23,063/yr in estimated NOI at the $959,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,938
Style
Single Family
Built
1965
Fantastic opportunity in this classic 4 bedroom home close to Wood End school, playground, Dandi's Ice cream, and MILES of town trails to explore! You'll love coming home to this well maintained and light filled New England colonial on nearly half an acre. Lots of possibilities await your family to expand or add an ADU in one of Reading's most desirable, low traffic neighborhoods. Lots of updates including newer roof and heating, windows, freshly painted bedrooms - updated kitchen cabinets with tile backsplash. Solid hardwood floors throughout the first and second floors plus a beautiful brick wood burning fireplace in the living room. Watch the leaves turn gorgeous colors and host your own tailgate party from the large three season room. This home has TWO full spacious baths including a first floor shower. The second level includes 4 generously sized bedrooms and easy attic access for additional storage. The lower level family room is a clean slate for the kids or the sports fan. Newly installed professional landscaping adds to the charm now and for many years to come! Reading is known for high performing schools and easy commuter access to Boston (bus and commuter rail), the White Mountains, and the beaches of the North Shore. First time available in over 50 years in a prime neighborhood surrounded by larger homes. Don't let this opportunity pass you by - schedule your private appointment today!
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 1,938 sq ft principal dwelling). Lot size: 19,240 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Microwave • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Kitchen
Lvl Main,FirstFlooring - Vinyl, Paints & Finishes - Low VOC, Lighting - Overhead
Family Room
Lvl BasementPaints & Finishes - Low VOC, Lighting - Overhead
Master Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Vinyl
Bathroom 2
Lvl SecondBathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Listing Agent: Karen Herrick
Listing Office: RE/MAX Encore
MLS® Number: 73573226
