
37 Northridge Drive #37 North Reading — Photo 1 of 34
$545,900
Investment Analysis — 37 Northridge Drive #37
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 $16,972/yr in estimated NOI at the $545,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,184
Style
Condominium
Built
1999
Don't miss this Beautiful Condo at the Village at Northridge -- a 55+ community. This Bright & Sunny unit is in Fabulous Condition and Absolutely Move-In Ready! Lots of Expensive and Important Updates have been done here--Hardwood Flooring throughout, New Windows & Slider, Newer AC Condenser, Furnace, Hot Water Heater and Insulated Garage Door and Opener. Living Level Is Open-Concept with Gas Fireplace, Cathedral Ceiling & Skylight. A Balcony off the Living Room overlooks a Peaceful Quiet grassy area. Kitchen is updated with Granite Counters and Stainless Appliances. A Spacious Main Bedroom features a Cathedral Ceiling with Ceiling Fan and a Gorgeous Updated Bathroom with Oversized Walk-In Shower. A special bonus is the Cedar Closet with Custom Cabinetry. The 2nd Bedroom is also very Good Sized with a Closet with Custom Cabinets and Mirrored Sliding Doors. Right next to this bedroom is the 2nd Bathroom with Tub & Shower which has also been Updated. As you walk through, you will notice that Interior Doors have been Upgraded to Solid Wood. Extra Insulation has been added to the Attic and most Walls for Energy Efficiency and Quiet Enjoyment. Stairwell can easily accommodate a Chair Lift! This unit is Truly a GEM! There will be No Open Houses--so schedule your Private Showing today!
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second16.75 x 15.5
Skylight, Cathedral Ceiling(s), Flooring - Hardwood, Balcony - Exterior
Dining Room
Lvl Second14.083333333 x 6
Cathedral Ceiling(s), Flooring - Hardwood
Kitchen
Lvl Second8.5 x 9.666666666
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook
Primary Bedroom
Lvl Second11.833333333 x 17.916666666
Bathroom - 3/4, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Cedar Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 2
Lvl Second10.75 x 12.416666666
Bathroom 1
Lvl Second7 x 9.083333333
Bathroom - 3/4, Bathroom - Tiled With Shower Stall
Bathroom 2
Lvl Second7.666666666 x 7.5
Bathroom - Full, Bathroom - Tiled With Tub & Shower
Property History
$545,900
Aug 26, 2026
MLS® 73568488
$3,400
Aug 26, 2026
MLS® 73558767
$3,400
Aug 4, 2026
MLS® 73558767
Listing Agent: Paula Tuttle
Listing Office: Moore-Tuttle & Company
MLS® Number: 73568488