9 Grandview Rd North Reading — Photo 1 of 42
$2,195,000
Investment Analysis — 9 Grandview Rd
North Reading, MA 01864
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01864 carries an estimated $4,200/mo in gross rent — about a 1.18% cap rate and $25,919/yr in estimated NOI at the $2,195,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4
SqFt
5,031
Style
Single Family
Built
2004
RARE LUXURY HOME ON THE LYNNFIELD/NORTH READING LINE! Privately set on 2.76 wooded acres, this magnificent Colonial offers an open-concept main living area, dramatic dining area with wet bar, feature walls, fireplaced family room and home office. The primary suite features a luxurious master bathroom and generous closets. A finished walk-out basement, currently used as a pool room, includes a wet bar, half bath and excellent in-law or multigenerational living potential. Resort-style outdoor living includes a 50,000-gallon saltwater pool and spa, sunken fire pit with seating, expansive patio, composite deck, fenced yard and 3-car garage.
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 5,031 sq ft principal dwelling). Lot size: 120,226 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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator
Neighborhood
Shopping • Park • Golf • Conservation Area • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 12.666666666
Flooring - Hardwood
Dining Room
Lvl First14.083333333 x 22.083333333
Flooring - Hardwood
Kitchen
Lvl First14.5 x 18.5
Flooring - Hardwood
Office
Lvl First12.75 x 15.25
Family Room
Lvl First24.75 x 26.333333333
Master Bedroom
Lvl Second35.083333333 x 22
Flooring - Hardwood
Bedroom 2
Lvl Second15 x 17.166666666
Bedroom 3
Lvl Second12.833333333 x 17.25
Flooring - Stone/Ceramic Tile
Bedroom 4
Lvl Second12.75 x 12.916666666
Flooring - Hardwood
Bathroom 1
Lvl Second13.833333333 x 16.833333333
Bathroom - Full
Bathroom 2
Lvl Second4.75 x 10.75
Bathroom - Full
Bathroom 3
Lvl Second5.666666666 x 8.5
Bathroom - Full
Listing Agent: Christopher Blasczak
Listing Office: Real Broker MA, LLC
MLS® Number: 73567788
