
4 Orchard Dr North Reading — Photo 1 of 41
$779,900
Investment Analysis — 4 Orchard Dr
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 3.44% cap rate and $26,813/yr in estimated NOI at the $779,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,408
Style
Single Family
Built
1970
At 4 Orchard Drive, North Reading, MA, a distinguished single-family residence built in 1970 offers 1801 square feet of meticulously designed living space, poised on a substantial 17,424 square foot lot. This property represents a unique opportunity for discerning buyers seeking a blend of established charm and functional elegance within a desirable community. The residence features three thoughtfully appointed bedrooms, providing versatile accommodations for various lifestyle needs. Each space is designed to maximize comfort and privacy, offering a serene retreat for residents. Complementing the bedrooms is a well-appointed full bathroom, featuring contemporary fixtures and finishes that ensure both convenience and aesthetic appeal. This essential space is designed for daily utility and refined comfort. The expansive 17,424 square foot lot provides ample outdoor space, offering significant potential for landscape design, recreational activities, or the creation of a private outdoor sanctuary. This generous parcel of land enhances the property's appeal, providing a spacious environment for outdoor living. This exceptional property invites a personal viewing to fully appreciate its distinctive qualities and potential.
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: 704 sq ft (the lesser of 900 sq ft or half the 1,408 sq ft principal dwelling). Lot size: 17,424 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Golf • Laundromat • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 23
Flooring - Hardwood
Kitchen
Lvl First18 x 17
Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Lighting - Overhead
Office
Lvl Basement12 x 9
Flooring - Wood, Lighting - Overhead
Family Room
Lvl First16 x 12
Wood / Coal / Pellet Stove, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood
Master Bedroom
Lvl First13 x 12
Ceiling Fan(s), Flooring - Hardwood
Bedroom 2
Lvl First12 x 11
Bedroom 3
Lvl First12 x 9
Flooring - Hardwood
Bathroom 1
Lvl First8 x 9
Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - Tiled With Tub, Skylight, Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
Listing Agent: David Metzdorf
Listing Office: Austin Realty Group
MLS® Number: 73575175
