Active
87 Days on market
320 Martins Landing #401 North Reading — Photo 1 of 40

320 Martins Landing #401 North Reading — Photo 1 of 40

Recent Drop: $80,000

$879,995
$799,995

$799,995

Investment Analysis — 320 Martins Landing #401

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 2.78% cap rate and $22,225/yr in estimated NOI at the $799,995 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,579

Style

Condominium

Built

2026

Brand new construction at Martins Landing, an exclusive 55+ community in North Reading. The Lincoln home design offers elegant one-level living from a desirable corner location, blending comfort and convenience. The spacious kitchen features abundant cabinetry, stainless steel appliances, and a large center island—perfect for cooking and entertaining. Sun-filled living areas are enhanced by windows throughout, creating a bright and welcoming atmosphere. Relax in the private owner’s suite with walk-in closet and ensuite bath. A second bedroom and full bath provide ideal space for guests, a home office, or den. Enjoy resort-style amenities including a clubhouse, grilling areas, scenic walking trails, and social spaces. Set against lush wooded surroundings with a charming historic town center nearby, Martins Landing offers active adult living just 20 miles from Boston. Last opportunity to make Martins Landing your next home!

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 MLS and other third-party data may be inaccurate or out of date.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

Immersive Experience

Open Houses

Property Details

Financials

Original Price$879,995
Annual Taxes$13.02
HOA Fee$556

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile, Carpet
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerOther

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoningr

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Washer • Dryer

Neighborhood

Shopping • Highway Access • Adult Community

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

Flooring - Wood, Open Floorplan

Dining Room
Lvl First

Flooring - Wood, Open Floorplan

Kitchen
Lvl First

Flooring - Wood, Kitchen Island, Open Floorplan, Recessed Lighting

Master Bedroom
Lvl First

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Flooring - Stone/Ceramic Tile

Property History

Price Drop
$799,995

Was $839,995

Sep 3, 2026

MLS® 73537662

Price Drop
$839,995

Was $849,995

Aug 28, 2026

MLS® 73537662

Price Drop
$849,995

Was $879,995

Jul 16, 2026

MLS® 73537662

Listed
$879,995

Jun 17, 2026

MLS® 73537662

Terminated
$874,995

Apr 20, 2026

MLS® 73464722

Listed
$874,995

Jan 2, 2026

MLS® 73464722

Terminated
$849,820

Sep 25, 2025

MLS® 73412432

Listed
$849,820

Aug 1, 2025

MLS® 73412432

Listing Provided By

Listing Agent: Erin Sullivan

Listing Office: Pulte Homes of New England

MLS® Number: 73537662