193 Haverhill Street North Reading — Photo 1 of 37
$599,900
Investment Analysis — 193 Haverhill Street
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 4.96% cap rate and $29,781/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
2,861
Style
Single Family
Built
1925
Looking for space in a great town where it is at a premium? Opportunity knocks for those ready, willing & able to take on a good-sized project property! Great location half a mile from the elementary, middle, and high schools, good access to major routes and approx. a 15-minute drive to the Reading Train Station into Boston. Loads of room at just over 2800 SF and a large level lot just over half an acre. This a 1920's farmhouse that has a large circa mid-1980's addition that adds the potential for two more large bedrooms and another bathroom (currently has a large shower and a hot tub) with a huge direct access two car garage. Original farmhouse main level has living room with fireplace, dining room, family room w wood stove, kitchen, office, half bath, & hall that leads to the addition. Upstairs are two bedrooms and a full bath. Laundry hook ups were brought up to first-floor connector hallway some years ago. Town has now approved a 4 bedroom septic design for the property! Come take a look at the possibilities today!
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 2,861 sq ft principal dwelling). Lot size: 23,958 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.
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Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • House of Worship
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Property History
$599,900
Sep 9, 2026
MLS® 73574818
$679,000
Jun 26, 2026
MLS® 73521391
$679,000
May 19, 2026
MLS® 73521391
Listing Agent: Michelle Quinn
Listing Office: Insight Realty Group, Inc.
MLS® Number: 73574818