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4 Orchard Dr North Reading — Photo 1 of 41

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.

View Standard Listing

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.

Open Houses

Property Details

Financials

Original Price$779,900
Annual Taxes$7,843

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Concrete, Hardwood, Flooring - Wood
BasementFull, Partial

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.4
SqFt Lot17,424
Lot FeaturesWooded, Easements

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

First
Living RoomKitchenFamily RoomMaster BedroomBedroom 2Bedroom 3Bathroom 1
Basement
Office
Living Room
Lvl First

12 x 23

Flooring - Hardwood

Kitchen
Lvl First

18 x 17

Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Lighting - Overhead

Office
Lvl Basement

12 x 9

Flooring - Wood, Lighting - Overhead

Family Room
Lvl First

16 x 12

Wood / Coal / Pellet Stove, Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood

Master Bedroom
Lvl First

13 x 12

Ceiling Fan(s), Flooring - Hardwood

Bedroom 2
Lvl First

12 x 11

Bedroom 3
Lvl First

12 x 9

Flooring - Hardwood

Bathroom 1
Lvl First

8 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 Provided By

Listing Agent: David Metzdorf

Listing Office: Austin Realty Group

MLS® Number: 73575175