122 Park Street, North Reading, MA, 01864 | $1,075,000

An Iconic North Reading Home is now available. Many possiblities are available for this River Front property with Residential & Local Business zoning. Quaint and comfortable with 3 bedrooms plus a den with closet located on the 1st floor. The kitchen offers granite counters and cherry cabinets with stainless steel appliances as well as a fireplaced dining area. There is a pantry, home office and mudroom. The hardwood floors have been recently refinished, both bathrooms have just been renovated, and the interior of the main house has been freshly painted. Additional living/work space is in the adjoining side of the house. Originally built as a garage, the current owners used it for a small retail ceramic business. It offers a finished and heated bonus room/playroom and add'l finished space on the 2nd floor. Wrapped by the Ipswich River bringing tranquility to this amazing property, Drop a fishing line, launch a conoe or read a book on a blanket or cool off in the pool.

Features

  • Amenities: Shopping, Park, Public School
  • Rooms: 12
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Laundry: In Basement, Washer Hookup
  • Style: Cape
  • Year Built: 1945
  • Heating: Forced Air, Baseboard, Oil
  • Cooling: None
  • Basement: Full
  • Approx Sq. Feet: 4,186
  • Acreage: 1.2
  • Est. Taxes: $10,231
  • Lot Desc: Easements
  • Water Front: Yes
  • Pool: Above Ground
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • MLS#: 73308420
  • Website: https://www.raveis.com
    /mls/73308420/122parkstreet_northreading_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Room Information

Type DescriptionDimensionsLevel
Bedroom 2 Closet, Flooring - Hardwood10.0 x 13.0Second
Bedroom 3 Closet, Flooring - Hardwood10.0 x 17.0Second
Dining Room Flooring - Laminate, Window(s) - Picture13.0 x 13.0First
Kitchen Flooring - Laminate, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded12.0 x 13.0First
Living Room Closet/Cabinets - Custom Built, Flooring - Hardwood22.0 x 13.0First
Master Bedroom Walk-In Closet(s), Flooring - Hardwood11.0 x 21.0Second

William Raveis Family of Services

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Valerie PreviteLuxury Properties Specialist

978.604.6460

valerie.previte@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

122 Park Street, North Reading, MA, 01864

$1,075,000

Valerie Previte

Luxury Properties Specialist

William Raveis Real Estate

Phone: 978.604.6460

valerie.previte@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $860,000 $860,000 $860,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment $853 $853 $853
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,019 $5,436 $7,257
Total Monthly Payment $5,997 $6,414 $8,235

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.