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11 Charles St North Reading — Photo 1 of 10

11 Charles St North Reading — Photo 1 of 10

$2,149,995

Investment Analysis — 11 Charles St

North Reading, MA 01864

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01864 carries an estimated $4,200/mo in gross rent — about a 1.69% cap rate and $36,271/yr in estimated NOI at the $2,149,995 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

4.5

SqFt

5,200

Style

Single Family

Built

2026

Welcome to 11 Charles Street, a brand-new construction home in one of North Reading’s most desirable neighborhoods. Anything but builder-grade and certainly not your typical colonial, this thoughtfully designed home blends style, luxury, flexibility, and everyday function—with construction still underway and an opportunity for buyers to select certain finishes. The open-concept layout features four + bedrooms, 4.5 baths, elevated light-filled ceilings, a chef’s kitchen with high-end appliances, a dreamy oversized walk-in pantry and prep kitchen, and a spacious mudroom built for real life and plenty of space to hide all the shoes and coats. A first-floor primary suite with spa like en suite bath and a separate large potential in-law suite or ADU offer options for extended family, guests, or future needs. Generous bonus and play spaces provide room to work, gather, and grow. Set on 1.26 private acres with a beautiful backyard ready for your vision, this is more than a new home—it’s a chance to create the one you’ve been imagining...a true dream home!

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 5,200 sq ft principal dwelling). Lot size: 54,886 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

Original Price$2,149,995
Annual Taxes$2,033

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms17
Fireplaces1
FlooringTile, Hardwood
BasementFull, Partially Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingNatural Gas
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres1.26
SqFt Lot54,886
Lot FeaturesCleared

Amenities & Appliances

Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Wine Refrigerator • Range Hood

Neighborhood

Park • Walk/Jog Trails • Golf • Bike Path • Conservation Area • Sidewalks

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1Bathroom 2
Basement
Family RoomBedroom 5
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl Basement
Primary Bedroom
Lvl First
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bedroom 5
Lvl Basement
Bathroom 1
Lvl First
Bathroom 2
Lvl First
Bathroom 3
Lvl Second

Property History

Listed
$2,149,995

Sep 16, 2026

MLS® 73578669

Terminated
$649,000

Nov 20, 2025

MLS® 73199427

Listed
$649,000

Feb 5, 2024

MLS® 73199427

Listing Provided By

Listing Agent: Candice Pagliarulo Hodgson

Listing Office: Lyv Realty

MLS® Number: 73578669