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18 Railroad Ave

North Reading, MA 01864

2 bd 3 ba 1,856 sqft Built 2015 condos
Most recent sale
$635,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $635,000 MLS #72968634
Apr 20, 2022 Listed $599,000 MLS #72968634
Jul 15, 2020 Sold $539,000 MLS #72672377

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $476,500 $476,500 $7,448
2020 $470,000 $470,000 $7,332
2019 $432,900 $432,900 $6,745
2018 $420,500 $420,500 $6,871
2017 $194,900 $194,900 $3,144
2016 $1,000 $1,000 $16

Property facts

Year built
2015
Property type
condos
Stories
3
Beds
2
Baths
3
Living area
1,856 sqft
Lot size
ZIP code
01864
City
North Reading
Street
Railroad Ave
Coordinates
42.57221, -71.08025

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
$5,382
Gross rental yield
10.17%
Implied cap rate
6.61%
Trend-extrapolated value

Frequently asked questions

When did 18 Railroad Ave last sell?
18 Railroad Ave most recently sold on May 31, 2022 for $635,000.
What is the current tax assessment for 18 Railroad Ave?
The most recent total assessment for 18 Railroad Ave (year 2021) is $476,500 with $7,448 in property tax.
How does 18 Railroad Ave's assessment compare to its last sale price?
The current assessment is 25.0% below the last sale price of $635,000.
When was 18 Railroad Ave built?
18 Railroad Ave was built in 2015.
How does 18 Railroad Ave compare to others on Railroad Ave?
We track 6 other properties on Railroad Ave. Browse the list under "Other properties on Railroad Ave" to compare beds, baths, and sale history.
What are the property facts for 18 Railroad Ave?
18 Railroad Ave is a 2 bed, 3 bath, 1,856 sqft condos.
Is 18 Railroad Ave a flip candidate?
No — 18 Railroad Ave does not appear in our flips dataset.
Is 18 Railroad Ave a tax-appeal candidate?
No — 18 Railroad Ave is not currently flagged as a tax-appeal candidate.

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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