220 Martins Landing #411 North Reading — Photo 1 of 33
Recent Drop: $31,000
$618,900
Investment Analysis — 220 Martins Landing #411
North Reading, MA 01864
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01864 carries an estimated $3,170/mo in gross rent — about a 2.50% cap rate and $15,470/yr in estimated NOI at the $618,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,335
Style
Condominium
Built
2018
Meticulously maintained and extensively upgraded 2-bedroom, 2-bath residence in the highly desirable 55+ Martins Landing community. Features include a beautifully updated kitchen with quartz countertops, extended island, soft-close cabinetry, and custom ShelfGenie storage, along with newer Whirlpool appliances. The primary bath offers a NewPro walk-in shower and updated quartz vanity. Additional upgrades include recessed lighting, luxury vinyl flooring, decorative accent walls, glass doors, whole-condo Kind Water filtration system (2025), HVAC ionizer, and surge protector. Truly move-in ready with thoughtful improvements and modern finishes throughout.
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 MLS and other third-party data may be inaccurate or out of date.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 • Disposal • Microwave • Refrigerator • Washer • Dryer • Water Treatment • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Highway Access • Adult Community
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Balcony - Exterior, Open Floorplan, Recessed Lighting, Flooring - Engineered Hardwood
Dining Room
Lvl FirstWainscoting, Lighting - Overhead, Flooring - Engineered Hardwood
Kitchen
Lvl FirstCountertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Flooring - Engineered Hardwood
Primary Bedroom
Lvl FirstBathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Window(s) - Bay/Bow/Box, Recessed Lighting, Flooring - Engineered Hardwood
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Property History
$618,900
Was $629,900
Jul 13, 2026
MLS® 73484044
$629,900
Was $635,000
Jun 10, 2026
MLS® 73484044
$635,000
Was $649,900
May 20, 2026
MLS® 73484044
$649,900
Mar 9, 2026
MLS® 73484044
Listing Agent: Viken Dumeciyan
Listing Office: eXp Realty LLC
MLS® Number: 73484044