19 Riverside Drive North Reading — Photo 1 of 41
$1,349,888
Investment Analysis — 19 Riverside Drive
North Reading, MA 01864
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01864 carries an estimated $3,800/mo in gross rent — about a 1.42% cap rate and $19,162/yr in estimated NOI at the $1,349,888 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
4,194
Style
Single Family
Built
2018
River views, elevator access, three finished levels, and room to dream—this exceptional 2018-built North Reading home is truly one of a kind. Step into an expansive foyer framed by a welcoming sitting area and an elegant dining room with coffered ceiling. Beyond, the open-concept kitchen steals the show with seamless soapstone counters, illuminated white cabinetry, and a generous island, flowing into a charming breakfast nook with ceiling fan overflowing to a composite deck to enjoy peaceful Ipswich River views. The vaulted living room invites you to linger beside the gas fireplace. Upstairs, two spacious bedrooms share a full bath, while the luxurious primary suite features a walk-in closet and spa-inspired bath with double vanity, roll-in shower, and jet soaking tub. The finished lower level takes versatility to another level—half bath, private office with surround sound, walk-out living space, and an enormous great room ready for a gym, studio, media room, recreation space, or future guest/nanny suite with its own entrance! There is even more room for expansion in the Walk Up Attic! Explore the possibilities - Immaculate, beautifully crafted, and filled with thoughtful details—this is more than a home; it’s a forever home opportunity. Upgrades include Generator, leaf guards, Sump Pump, whole house water filter, Radon mitigaiton System, Surround sound, Central Vac, & More. Open House Saturday 8/15 at 11:00 AM
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 4,194 sq ft principal dwelling). Lot size: 14,680 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
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Tankless Water Heater • Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range • Plumbed For Ice Maker
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First25.416666666 x 18.916666666
Closet, Exterior Access, Recessed Lighting, Gas Stove, Breezeway, Half Vaulted Ceiling(s), Flooring - Engineered Hardwood
Dining Room
Lvl Main,FirstCoffered Ceiling(s), Open Floorplan, Wainscoting, Lighting - Overhead, Archway, Decorative Molding, Flooring - Engineered Hardwood
Kitchen
Lvl Main,First16.5 x 11.333333333
Bathroom - Half, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Sconce
Office
Lvl Basement11.083333333 x 10.916666666
Flooring - Wall to Wall Carpet, Lighting - Overhead
Family Room
Lvl Basement30.166666666 x 11.166666666
Closet, Handicap Accessible, Exterior Access, Recessed Lighting, Storage, Flooring - Engineered Hardwood
Master Bedroom
Lvl Second14.416666666 x 14.916666666
Bathroom - Half, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bedroom 2
Lvl Second12.25 x 14.916666666
Bedroom 3
Lvl Second16.5 x 13.333333333
Closet, Flooring - Wall to Wall Carpet, Handicap Accessible, Handicap Equipped, Lighting - Overhead
Bathroom 1
Lvl First5.583333333 x 8.25
Bathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Overhead
Bathroom 2
Lvl Second7.833333333 x 9.833333333
Bathroom - Full, Bathroom - Tiled With Tub, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Overhead
Bathroom 3
Lvl Second9 x 9.75
Bathroom - Half, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Handicap Accessible, Handicap Equipped, Jacuzzi / Whirlpool Soaking Tub, Lighting - Sconce, Lighting - Overhead
Listing Agent: Alexis Winnell
Listing Office: Manderley Real Estate
MLS® Number: 73562128