
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl FirstCeiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Deck - Exterior, Recessed Lighting
Dining Room
Lvl FirstFlooring - Hardwood, Chair Rail, Decorative Molding
Kitchen
Lvl FirstFlooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Lighting - Pendant
Office
Lvl FirstFlooring - Hardwood, Chair Rail, Pocket Door
Family Room
Lvl BasementExterior Access, Recessed Lighting, Slider, Flooring - Engineered Hardwood
Master Bedroom
Lvl Main,FirstBathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Lighting - Sconce, Lighting - Pendant, Decorative Molding
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - 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 SecondBathroom - Full, Bathroom - With Tub, Closet, Flooring - Stone/Ceramic Tile
Listing Agent: Vita Realty Group
Listing Office: Compass
MLS® Number: 73573034
