Active
88 Days on market
4A Wren Circle North Reading — Photo 1 of 42

4A Wren Circle North Reading — Photo 1 of 42

$3,850,000

Investment Analysis — 4A Wren Circle

North Reading, MA 01864

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, an estimated 2-unit multi-family in 01864 carries an estimated $6,870/mo in gross rent — about a 0.38% cap rate and $14,640/yr in estimated NOI at the $3,850,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

6.5

SqFt

11,297

Style

Multi Family

Built

1998

FEATURED AS "HOME OF THE WEEK", EXPERIENCE EXQUISITE DETAILS IN THIS UNIQUE CUSTOM-BUILT ESTATE BY BUILDER OWNER, PERFECT FOR MULTI-GENERATION/EXTENDED FAMILY LIVING! The home offers separate quarters and at the same time ample areas to socialize. Grand architecture, masterfully designed craftsmanship to meticulous grounds set on 10+ acres of privacy, this 11K sq.ft. of sophisticated living space has 5+ bedrooms, 6 full & 3 half baths, a 4-car garage, and a workshop all hobbyists will enjoy. In the main home of this luxurious estate, step inside the 2-story foyer & appreciate finest imported finishes & spaciously proportioned rooms. Gourmet chef kitchen dazzles w/9' island, custom cabinetry & high-end appliances. Elegant living room & dining room w/custom millwork and hand-painted details. The main level family room offers a beautiful stone fireplace, floor to ceiling windows, and multiple skylights. Second level has luxurious primary suite w/two walk-in closets, spa bath & balcony. Grand family room w/gas fireplace and cathedral ceiling, 3+ additional bedrooms & 3 baths complete level. Soaring ceilings, radiant heated floors, tall windows, office space, storage, gym area, craft rooms & much more define the uniqueness of the home. No detail was overlooked. A newer addition to the home provides a separate entrance, decadent kitchen, living room, dining area, and a primary lavish suite with a private bath. This thoughtfully designed space is perfect for multi-generations, extended family, au pair suite, or guest quarters. People can easily gather to enjoy time together and still enjoy privacy in their separate quarters. Gatherings can continue in the outdoor oasis which leads from both the main home and the addition. The backyard features a heated pool, cabana, stone patio, fire pit, and fenced-in grass yard. This impressive property offers a rare opportunity to own a sophisticated custom-built North Reading estate with a tale as captivating as its architecture grandeur designed to impress anyone who enters the doors. Located in Boston’s North Shore, just 25 minutes north of the city and minutes to highway, commuter rail, Phillips Academy, shopping, library and parks. It was built for a buyer who appreciates distinctive architectural details and a blueprint suitable for entertaining and comfortable everyday living including extended family and guests.

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

Open Houses

Property Details

Financials

Original Price$3,850,000
Annual Taxes$48,014

Parking

Garage4
Off-Street16

Interior Specifications

Total Rooms23
Fireplaces4
FlooringTile, Hardwood
BasementFull, Partially Finished, Interior Entry, Sump Pump

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionBrick
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres10.6
SqFt Lot461,736
Lot FeaturesWooded, Easements, Gentle Sloping

Neighborhood

Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Listing Provided By

Listing Agent: Marina Tramontozzi

Listing Office: True North Realty

MLS® Number: 73537030