
220 Martins Landing #102 North Reading — Photo 1 of 35
Recent Drop: $15,000
$464,900
Investment Analysis — 220 Martins Landing #102
North Reading, MA 01864
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01864 carries an estimated $2,670/mo in gross rent — about a 3.07% cap rate and $14,286/yr in estimated NOI at the $464,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
955
Style
Condominium
Built
2019
GREAT NEW PRICE! The lifestyle to suit your needs! Martins Landing is a 55+ community with an easy way of living! No more maintenance, snow removal, remembering to take out the garbage on a certain night etc. This first floor unit is east facing and receives a great amount of sunlight! When it rains, don't worry you are covered! Take the elevator down one flight to your heated garage space! The condo fee includes the clubhouse which has different activities. There is a walking trail around the complex where you can meet others along with their pups! Yes, dogs are allowed. This is all about ease of living and downsizing without sacrificing quality! Did I mention this is the ONLY unit available in this price range with a garage?
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Plumbed For Ice Maker
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 15
Flooring - Wood, Balcony / Deck
Kitchen
Lvl First14 x 12
Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island
Primary Bedroom
Lvl First12 x 15
Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Property History
$464,900
Was $479,900
Aug 26, 2026
MLS® 73541844
$479,900
Jun 25, 2026
MLS® 73541844
Listing Agent: Jodi Fitzgerald
Listing Office: Fitzgerald & Associates
MLS® Number: 73541844