Active Under Contract
10 Days on market
21 Bond Street Reading — Photo 1 of 41

21 Bond Street Reading — Photo 1 of 41

$929,000

Investment Analysis — 21 Bond Street

Reading, MA 01867

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01867 carries an estimated $3,140/mo in gross rent — about a 2.15% cap rate and $19,951/yr in estimated NOI at the $929,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,936

Style

Single Family

Built

1936

CLASSIC CAPE-STYLE CHARM meets modern functionality in this BEAUTIFULLY DESIGNED WEST SIDE home, offering generous living spaces, an IDEAL COMMUTER LOCATION, and exceptional POTENTIAL FOR FUTURE EXPANSION! At the heart of the home is an UPDATED WHITE KITCHEN W/ISLAND, GRANITE COUNTERS & STAINLESS APPLIANCES, offering abundant workspace and a seamless connection to the surrounding living areas—perfect for both everyday living and entertaining. MOVE-IN READY and designed for today’s lifestyle, the home also features a convenient mudroom, attached garage, NEW COMPOSITE DECK, 2 FULL BATHS, and impressively sized bedrooms offering comfort, versatility, and ample storage. Outside, enjoy a sprinkler system and an uncharacteristically private backyard. The expansive walk-out lower level presents an incredible opportunity to create additional finished living space tailored to your needs. With its generous footprint and direct outdoor access, the possibilities are plentiful—a family room, home office, gym, recreation space, or guest accommodations. Ideally positioned near schools, commuter routes, and area amenities, this property offers the perfect combination of classic New England character, a desirable open layout, and remarkable room to grow. Enjoy a MOVE-IN-READY home today with significant potential for the future, plus all the shops and restaurants Reading has to offer—ONLY 11 MILES TO BOSTON!

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 1,936 sq ft principal dwelling). Lot size: 8,494 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.

Property Details

Financials

Original Price$929,000
Annual Taxes$8,686

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms7
Fireplaces2
FlooringWood, Tile, Flooring - Hardwood
BasementFull, Interior Entry

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock
ZoningS15

Property & Lot

Acres0.19
SqFt Lot8,494
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
OfficeBathroom 1
Basement
Family Room
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

23 x 13

Flooring - Hardwood, Chair Rail

Dining Room
Lvl Main,First

13 x 12

Flooring - Hardwood, Wainscoting

Kitchen
Lvl Main,First

15 x 10

Flooring - Wood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Remodeled, Stainless Steel Appliances, Lighting - Overhead

Office
Lvl First

11 x 10

Flooring - Hardwood

Family Room
Lvl Basement

23 x 13

Master Bedroom
Lvl Second

22 x 12

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

13 x 11

Bedroom 3
Lvl Second

13 x 10

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

6 x 6

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Upgraded, Remodeled

Listing Provided By

Listing Agent: Katie Varney

Listing Office: Classified Realty Group

MLS® Number: 73570911