7 Eugley Park West North Reading — Photo 1 of 24
$699,900
Investment Analysis — 7 Eugley Park West
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 3.80% cap rate and $26,618/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,199
Style
Single Family
Built
1960
Welcome home to Eugley Park West!! This property has been lovingly maintained by the one and only, original owner. Its time for new beginnings and a little TLC for this beautiful home. A brand new septic is recently completed! Property offers newly refinished hardwood floors throughout and fresh paint. The main living room creates a bright and inviting atmosphere with a fireplace. The kitchen flows off of the separate dining room that is ready for entertaining. The three bedrooms, with gleaming hardwood floors, are located down the hall on the main level. Don't miss the seasonal porch that is perfect for reading a book, just relaxing or looking out at the large backyard. The basement has a partially finished room for working out, playing games, whatever your needs may be! The garage is oversized for your car and storage needs. This home is located on a quiet, sought after street, near all the restaurants and shops North Reading has to offer. Welcome to the North Reading community!!
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: 600 sq ft (the lesser of 900 sq ft or half the 1,199 sq ft principal dwelling). Lot size: 20,038 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Oven • Range • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 13
Flooring - Hardwood
Dining Room
Lvl First11 x 9
Flooring - Hardwood, Exterior Access, Slider
Kitchen
Lvl Main,First10 x 11
Flooring - Stone/Ceramic Tile
Master Bedroom
Lvl First13 x 10
Closet, Flooring - Hardwood
Bedroom 2
Lvl First13 x 11
Bedroom 3
Lvl First10 x 10
Closet, Flooring - Hardwood, Attic Access
Listing Agent: Brenda Fosco
Listing Office: Coldwell Banker Realty - Andovers/Readings Regional
MLS® Number: 73568354
