
320 Martins Landing #307 North Reading — Photo 1 of 26
Recent Drop: $50,000
$724,995
Investment Analysis — 320 Martins Landing #307
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 3.11% cap rate and $22,525/yr in estimated NOI at the $724,995 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,579
Style
Condominium
Built
2026
Welcome to the Ivywood at Martins Landing, North Reading’s premier 55+ community—and your final opportunity to own brand-new construction in this sought-after neighborhood! This stunning residence offers peaceful wooded views and an exceptional lifestyle with access to a clubhouse, outdoor grilling patio, and scenic walking trails. Inside, 13 oversized windows fill the open-concept living, dining, and kitchen areas with natural light, creating the perfect space for entertaining and everyday living. The gourmet kitchen features quartz countertops, modern appliances, and a spacious 9-foot island. The luxurious primary suite easily accommodates a king-sized bed and sitting area, and includes a walk-in closet and private bath. A second bedroom, full guest bath, laundry room with cabinetry, generous storage, and a private balcony overlooking the trees complete this beautiful home where comfort and convenience meet resort-style living.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Washer • Dryer
Neighborhood
Shopping • Highway Access • Adult Community
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood, Balcony - Exterior, Open Floorplan
Dining Room
Lvl FirstFlooring - Wood, Open Floorplan
Kitchen
Lvl FirstFlooring - Wood, Kitchen Island, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl FirstBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstFlooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstFlooring - Stone/Ceramic Tile
Property History
$724,995
Was $774,995
Sep 3, 2026
MLS® 73551099
$774,995
Jul 16, 2026
MLS® 73551099
$799,995
Jul 13, 2026
MLS® 73525170
$799,995
May 27, 2026
MLS® 73525170
$799,995
Jan 2, 2026
MLS® 73461057
$799,995
Dec 9, 2025
MLS® 73461057
$779,310
Jul 15, 2025
MLS® 73375919
$779,310
May 15, 2025
MLS® 73375919
$854,310
May 5, 2025
MLS® 73352250
$854,310
Mar 31, 2025
MLS® 73352250
Listing Agent: Erin Sullivan
Listing Office: Pulte Homes of New England
MLS® Number: 73551099