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9 Shay Ln North Reading — Photo 1 of 42

9 Shay Ln North Reading — Photo 1 of 42

$2,349,000

Investment Analysis — 9 Shay Ln

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 0.65% cap rate and $15,239/yr in estimated NOI at the $2,349,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

4.5

SqFt

5,727

Style

Single Family

Built

2021

This is the one that checks every box—and then adds a few you didn’t know you wanted. Lightly lived in, impeccably maintained, and thoughtfully customized over its five short years, this exceptional home delivers a rare combination of style, space, and standout amenities. A dramatic water-vapor fireplace makes a memorable first impression in the entry, while the gorgeous kitchen opens seamlessly to the fireplaced living room, creating an effortless hub for everyday living and entertaining. An oversized island and generous walk-in pantry add both style and function to this impressive space. The luxurious first-floor primary suite takes center stage, complete with two oversized walk-in closets and a beautifully appointed bath. Upstairs, a spectacular true GREAT room provides an impressive gathering space, joined by three additional bedrooms—including a private en-suite—and convenient second-floor laundry. The finished lower level is truly in a class of its own, featuring a game room, home gym, spacious family room, and a private at-home spa complete with a steam shower, sauna, and cold plunge. With direct exterior access, the lower level seamlessly extends the living space and makes everyday wellness, recreation, and entertaining effortless. Outside, a private pickleball court and hot tub create an enviable backdrop for gathering with friends and enjoying the best of your own backyard. Tucked along a sidewalk-lined cul-de-sac yet just moments from I-93, this is a home that delivers a lot—and comes with a seriously impressive list of extras.

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 5,727 sq ft principal dwelling). Lot size: 43,237 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$2,349,000
Annual Taxes$23,064.93

Parking

Garage3
Off-Street11

Interior Specifications

Total Rooms14
Fireplaces1
FlooringTile, Hardwood, Engineered Hardwood, Flooring - Hardwood, Flooring - Engineered Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air, Dual
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.99
SqFt Lot43,237
Lot FeaturesCul-De-Sac, Wooded

Amenities & Appliances

Tankless Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Wine Refrigerator • Vacuum System • Range Hood • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenOfficeBathroom 1Bathroom 2
Basement
Family Room
Main,First
Master Bedroom
Living Room
Lvl First

Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Deck - Exterior, Recessed Lighting

Dining Room
Lvl First

Flooring - Hardwood, Chair Rail, Decorative Molding

Kitchen
Lvl First

Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Lighting - Pendant

Office
Lvl First

Flooring - Hardwood, Chair Rail, Pocket Door

Family Room
Lvl Basement

Exterior Access, Recessed Lighting, Slider, Flooring - Engineered Hardwood

Master Bedroom
Lvl Main,First

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Lighting - Sconce, Lighting - Pendant, Decorative Molding

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Pendant, Pocket Door

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - With Tub, Closet, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Vita Realty Group

Listing Office: Compass

MLS® Number: 73573034