Canceled
83 Days on market
23 Shore Rd North Reading — Photo 1 of 36

23 Shore Rd North Reading — Photo 1 of 36

Recent Drop: $26,900

$925,900
$899,000

$899,000

Investment Analysis — 23 Shore Rd

North Reading, MA 01864 — Martins Pond

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01864 carries an estimated $3,800/mo in gross rent — about a 2.83% cap rate and $25,484/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

2,364

Style

Single Family

Built

2004

Charming waterfront colonial overlooking Martin's Pond featuring 3 bedrooms, 3 1/2 baths with breathtaking water views & private dock. Enjoy boating, kayaking, canoeing spring, summer, fall & fishing too. Don't forget ice skating/hockey in winter. Something for everyone !Wooden stairs lead to dock surrounded by beautiful perennial gardens. Nearby beach for sun bathing, accessible by canoe adds more summer fun. From farmer's porch enter into open concept dining, living, kitchen ideal for entertaining & everyday living. Spacious kitchen updated 2018 complete with elegant quartz counter, induction stove top & breakfast bar perfect for gathering with family & friends. From living room step through french doors to large deck for morning coffee or spectacular evening sunsets. Primary bedroom has french doors leading to balcony for added enjoyment & relaxation. Roof replaced 2023, water heater 2020. Added bonus-finished basement. Don't miss the opportunity to own waterfront property & make this house your home. Be on vacation all year long here-A true hidden gem.

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 2,364 sq ft principal dwelling). Lot size: 6,098 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$925,900
Annual Taxes$9,172

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms7
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementFull, Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingCentral, Baseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerInspection Required for Sale, Private Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.14
SqFt Lot6,098
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
First
Living RoomFamily Room
Basement
Bathroom 3
Main,First
Dining RoomKitchen
Living Room
Lvl First

Ceiling Fan(s), Flooring - Hardwood, Balcony / Deck, French Doors, Cable Hookup, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

Flooring - Hardwood, Open Floorplan

Kitchen
Lvl Main,First

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances

Family Room
Lvl First
Primary Bedroom
Lvl Second

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Balcony / Deck, Balcony - Exterior, French Doors

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Basement

Bathroom - 3/4, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$899,000

Was $910,000

Jul 24, 2026

MLS® 73539572

Price Drop
$910,000

Was $925,900

Jul 24, 2026

MLS® 73539572

Listed
$925,900

Jun 22, 2026

MLS® 73539572

Listing Provided By

Listing Agent: Judy Cook

Listing Office: Connie Doto Realty Group

MLS® Number: 73539572