116 ParkNorth Reading, MA 01864

  • Mixed-use properties
  • 2,126 SF
Off market
$8,325,540 Estimated

Property Details for 116 Park

Year built
1790
Lot size
0.83 AC
Property size (Sq ft)
2,126 SF
Zone code
LB
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
NREA M:054.0 B:0000 L:0112.0
APU
NREAM0540B0000L01120

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $351,491
    6.5%
    $324,454
    7%
    $301,278
  • Comparable approach

    Method
    Valuation
    Relative Method
    $277,783
    Geo Method
    $277,783
  • Alternative Use

    Use
    Valuation
    Residential
    $402,322
    Hospitality
    $368,525
    Educational
    $306,609
    Medical
    $317,153
    Retail
    $476,947
116 Park, North Reading, Massachusetts
Leaflet | © OpenStreetMap contributors

Location Insight

City
North Reading
County
Middlesex
State
Massachusetts
Latitude
42.574
Longitude
-71.0727
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,107
$388,700
$452,100
$840,800
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