21 Bond Street Reading — Photo 1 of 41
$929,000
Investment Analysis — 21 Bond Street
Reading, MA 01867
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01867 carries an estimated $3,140/mo in gross rent — about a 2.15% cap rate and $19,951/yr in estimated NOI at the $929,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,936
Style
Single Family
Built
1936
Welcome to 21 BOND STREET, a charming Royal Barry Wills–style Cape offering classic New England character, beautiful updates, and a convenient Reading location. With approximately 1,936 square feet of living space, this well-maintained home features hardwood floors throughout and a spacious front-to-back living room with fireplace, creating a warm and inviting space for both everyday living and entertaining. The new white kitchen offers a fresh, timeless look and blends beautifully with the character of the home. Upstairs, you’ll find three nicely sized bedrooms, while 1.5 baths complete the comfortable and functional floor plan. Set on approximately 0.20 acres, the property also features a detached two-car garage offering additional parking and storage. Conveniently located near downtown Reading, commuter routes, shopping, dining, and local amenities, 21 Bond Street combines the charm of a classic Cape with the updates and space today’s buyers are looking for. A special home in a wonderful Reading location!
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 1,936 sq ft principal dwelling). Lot size: 8,494 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
Range • Dishwasher • Refrigerator • Washer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First23 x 13
Flooring - Hardwood, Chair Rail
Dining Room
Lvl Main,First13 x 12
Flooring - Hardwood, Wainscoting
Kitchen
Lvl Main,First15 x 10
Flooring - Wood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Remodeled, Stainless Steel Appliances, Lighting - Overhead
Office
Lvl First11 x 10
Flooring - Hardwood
Family Room
Lvl Basement23 x 13
Primary Bedroom
Lvl Second22 x 12
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second13 x 11
Bedroom 3
Lvl Second13 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl First6 x 6
Bathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Upgraded, Remodeled
Listing Agent: Katie Varney
Listing Office: Classified Realty Group
MLS® Number: 73570911
