Active
80 Days on market
220 Martins Landing #102 North Reading — Photo 1 of 35

220 Martins Landing #102 North Reading — Photo 1 of 35

Recent Drop: $15,000

$479,900
$464,900

$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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$479,900
Annual Taxes$5,492
HOA Fee$381

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms4
FireplacesNone
FlooringCarpet, Flooring - Wall to Wall Carpet
BasementN

Climate & Utilities

HeatingCentral, Forced Air
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionStone
RoofRubber
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

First
Living RoomKitchenPrimary Bedroom
Living Room
Lvl First

14 x 15

Flooring - Wood, Balcony / Deck

Kitchen
Lvl First

14 x 12

Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island

Primary Bedroom
Lvl First

12 x 15

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet

Property History

Price Drop
$464,900

Was $479,900

Aug 26, 2026

MLS® 73541844

Listed
$479,900

Jun 25, 2026

MLS® 73541844

Listing Provided By

Listing Agent: Jodi Fitzgerald

Listing Office: Fitzgerald & Associates

MLS® Number: 73541844