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32 Dividence Rd Reading — Photo 1 of 42

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.

View Standard Listing

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

Original Price$959,000
Annual Taxes$8,583

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Vinyl, Flooring - Stone/Ceramic Tile
BasementFull, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete

Climate & Utilities

HeatingCentral, Baseboard, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofAsphalt/Composition Shingles
FoundationConcrete Perimeter
ZoningS20

Property & Lot

Acres0.44
SqFt Lot19,240
Lot FeaturesWooded, Gentle Sloping

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

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Bathroom 1
Basement
Family Room
Main,First
Kitchen
Kitchen
Lvl Main,First

Flooring - Vinyl, Paints & Finishes - Low VOC, Lighting - Overhead

Family Room
Lvl Basement

Paints & Finishes - Low VOC, Lighting - Overhead

Master Bedroom
Lvl Second

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Vinyl

Bathroom 2
Lvl Second

Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Karen Herrick

Listing Office: RE/MAX Encore

MLS® Number: 73573226