
79 Orange Street Reading — Photo 1 of 42
$1,200,000
Investment Analysis — 79 Orange Street
Reading, MA 01867
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 1.82% cap rate and $21,802/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,836
Style
Single Family
Built
1925
Move right in and enjoy this stunning Georgian Colonial, located near downtown, the commuter rail, and major highway access. Cherished by the same family for decades, this bright and spacious home is filled with character and charm, featuring generous room sizes, soaring ceilings, and rich original woodwork throughout. A stunning center staircase creates an unforgettable first impression. The flexible floor plan offers four bedrooms and two full baths, with two bedrooms and a full bath on each level., with walk-in closets. An open second-floor landing provides space for a home office, reading nook, or sitting area. The inviting kitchen features a cozy breakfast nook. The lower level offers additional versatile space for a family room, exercise area, office, or guest accommodations. Outside, enjoy a private fenced yard and the convenience of a two-car garage. Rare opportunity to own a home that seamlessly blends timeless character with everyday functionality.
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 2,836 sq ft principal dwelling). Lot size: 11,313 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
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First19 x 13
Flooring - Hardwood, Open Floorplan
Dining Room
Lvl First17 x 14
Flooring - Hardwood
Kitchen
Lvl First16 x 14
Flooring - Laminate, Dining Area
Family Room
Lvl Basement21 x 13
Flooring - Wall to Wall Carpet
Master Bedroom
Lvl First13 x 12
Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl FirstFlooring - Hardwood
Bedroom 5
Lvl Basement17 x 13
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl SecondBathroom - Full
Listing Agent: The Kennedy Team
Listing Office: Classified Realty Group
MLS® Number: 73537182
