8 Janice Ave North Reading — Photo 1 of 40
Recent Drop: $80,112
$2,394,888
Investment Analysis — 8 Janice Ave
North Reading, MA 01864
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01864 carries an estimated $4,200/mo in gross rent — about a 0.63% cap rate and $15,079/yr in estimated NOI at the $2,394,888 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5.5
SqFt
7,600
Style
Single Family
Built
2008
Experience luxury living at this exceptional Mediterranean-inspired estate set on 5 private acres in North Reading. Offering 7,600 sq ft of refined living space, this custom residence features 5 bedrooms, 5.5 baths, heated tile floors throughout, soaring ceilings, and an open-concept design ideal for entertaining. The designer kitchen showcases custom cabinetry, oversized island seating, and seamless flow to expansive living and dining spaces. A luxurious first-floor primary suite features a spa-like bath, soaking tub, walk-in shower, an oversized closet, and a private balcony. A second primary suite, finished walkout lower level, home theater, and in-law suite with a full kitchen provide exceptional flexibility. The gated entrance, circular drive, fountain, terracotta roof, brick-and-stone exterior, walkout patio, and 4-car garage with two lifts and a limousine bay complete this extraordinary private estate just minutes from major highways and Boston.
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 7,600 sq ft principal dwelling). Lot size: 232,610 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Dishwasher • Range • Refrigerator
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14 x 14
Flooring - Stone/Ceramic Tile, Open Floorplan, Lighting - Overhead
Dining Room
Lvl Main,First25 x 19
Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Recessed Lighting, Remodeled
Kitchen
Lvl Main,First17 x 17
Flooring - Stone/Ceramic Tile, Balcony / Deck, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Recessed Lighting
Family Room
Lvl Main,Basement27 x 16
Flooring - Stone/Ceramic Tile, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl Main,First29 x 24
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bedroom 2
Lvl Second17 x 21
Bedroom 3
Lvl Second25 x 13
Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl Second19 x 16
Closet, Flooring - Hardwood, Recessed Lighting
Bedroom 5
Lvl Basement11 x 35
Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 1
Lvl Main,First5 x 7
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Main,First17 x 10
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Double Vanity, Recessed Lighting, Soaking Tub
Bathroom 3
Lvl Second18 x 8
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Double Vanity, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead, Soaking Tub
Property History
$2,394,888
Was $2,395,000
Aug 5, 2026
MLS® 73536345
$2,395,000
Was $2,475,000
Jul 7, 2026
MLS® 73536345
$2,475,000
Jun 15, 2026
MLS® 73536345
$1,450,000
Feb 3, 2011
MLS® 71183714
$1,450,000
Jan 31, 2011
MLS® 71183714
$1,450,000
Jan 30, 2011
MLS® 71116421
$4,500
Nov 10, 2010
MLS® 71121655
$4,500
Aug 10, 2010
MLS® 71121655
$1,450,000
Jul 30, 2010
MLS® 71116421
Listing Agent: Christopher Gianatassio
Listing Office: CDG Realty Group
MLS® Number: 73536345