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240 Martins Lndg

North Reading, MA 01864

2 bd 2 ba 1,480 sqft Built 2021 condos
Most recent sale
$570,165
Nov 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2021 Sold $570,165 MLS #72782990

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $750,600 $750,600 $9,803
2024 $767,300 $767,300 $10,136
2023 $585,300 $585,300 $8,188

Property facts

Year built
2021
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,480 sqft
Lot size
ZIP code
01864
City
North Reading
Street
Martins Lndg
Coordinates
42.58152, -71.13034

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,292
Gross rental yield
9.03%
Implied cap rate
5.87%
Trend-extrapolated value

Frequently asked questions

When did 240 Martins Lndg last sell?
240 Martins Lndg most recently sold on Nov 15, 2021 for $570,165.
What is the current tax assessment for 240 Martins Lndg?
The most recent total assessment for 240 Martins Lndg (year 2025) is $750,600 with $9,803 in property tax.
How does 240 Martins Lndg's assessment compare to its last sale price?
The current assessment is 31.6% above the last sale price of $570,165.
When was 240 Martins Lndg built?
240 Martins Lndg was built in 2021.
How does 240 Martins Lndg compare to others on Martins Lndg?
We track 8 other properties on Martins Lndg. Browse the list under "Other properties on Martins Lndg" to compare beds, baths, and sale history.
What are the property facts for 240 Martins Lndg?
240 Martins Lndg is a 2 bed, 2 bath, 1,480 sqft condos.
Is 240 Martins Lndg a flip candidate?
No — 240 Martins Lndg does not appear in our flips dataset.
Is 240 Martins Lndg a tax-appeal candidate?
Yes — 240 Martins Lndg appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$710.7K
2026 Q4
$708K
ZIP 01864 — Median Price History + Forecast

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