
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl BasementPrimary Bedroom
Lvl FirstBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBedroom 5
Lvl BasementBathroom 1
Lvl FirstBathroom 2
Lvl FirstBathroom 3
Lvl SecondProperty History
$2,149,995
Sep 16, 2026
MLS® 73578669
$649,000
Nov 20, 2025
MLS® 73199427
$649,000
Feb 5, 2024
MLS® 73199427
Listing Agent: Candice Pagliarulo Hodgson
Listing Office: Lyv Realty
MLS® Number: 73578669