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45 Johanna Drive Reading — Photo 1 of 40

45 Johanna Drive Reading — Photo 1 of 40

$899,900

Investment Analysis — 45 Johanna Drive

Reading, MA 01867

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01867 carries an estimated $3,470/mo in gross rent — about a 2.59% cap rate and $23,282/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,106

Style

Single Family

Built

1973

Ideally situated at the end of a cul-de-sac, this tree-lined street and beautiful neighborhood is the "perfect" setting for this immaculate 3-4 bedroom home. Offering easy access to major routes AND Reading's bustling downtown, where shops, restaurants and the commuter rail await, you will love being able to take advantage of all that Reading has to offer. This home has everything you want...CENTRAL AIR, a beautiful newer kitchen, hardwood floors, a "magical" screened porch, 2 full baths, a garage, laundry room, a HUGE family room with a gorgeous fireplace, custom moldings and finishes, a beautiful back yard and more, more, more. Recent updates make this a "turn-key" property, where you can just move in, place your furniture and enjoy every moment. The open concept living room and dining room feature a magnificent custom-built wall-unit that will make for amazing entertaining, and is truly the focal point of this space. The newer kitchen provides an inviting HUGE island with storage and seating, while all the finishes are just so tasteful. The screened porch alone is worth the price of admission...a peaceful retreat that brings the outside in...it's so lovely you may never want to leave it. With a BRAND-NEW roof, NEW exterior paint, NEW carpeting in bedrooms and family room, be sure to put this beauty at the top of your list. Proudly offered to those seeking a special place to call "home" for years to come.

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 2,106 sq ft principal dwelling). Lot size: 13,334 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.

Open Houses

Property Details

Financials

Original Price$899,900
Annual Taxes$8,364

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Wood
BasementNone

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRes.

Property & Lot

Acres0.31
SqFt Lot13,334
Lot FeaturesCul-De-Sac, Level

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Wine Refrigerator • Vacuum System

Neighborhood

Public Transportation • Shopping • Park • Conservation Area • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1
Basement
Family RoomBedroom 4Bathroom 2
Living Room
Lvl First

15.6 x 15.6

Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Remodeled, Crown Molding

Dining Room
Lvl First

12 x 10.6

Flooring - Hardwood, Open Floorplan, Remodeled, Slider, Lighting - Overhead, Crown Molding

Kitchen
Lvl First

12 x 11.6

Flooring - Hardwood, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Chair Rail, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances, Wine Chiller, Lighting - Pendant, Pocket Door

Family Room
Lvl Basement

22 x 25.6

Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Slider, Decorative Molding

Primary Bedroom
Lvl First

11.6 x 14.9

Flooring - Wall to Wall Carpet, Remodeled, Closet - Double

Bedroom 2
Lvl First

12 x 9.9

Bedroom 3
Lvl First

10.6 x 15.6

Flooring - Wall to Wall Carpet, Remodeled, Closet - Double

Bedroom 4
Lvl Basement

12 x 13.6

Flooring - Wall to Wall Carpet, Closet - Double

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled, Lighting - Sconce

Bathroom 2
Lvl Basement

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled, Lighting - Sconce, Beadboard, Pedestal Sink

Listing Provided By

Listing Agent: Rick Nazzaro

Listing Office: Colonial Manor Realty

MLS® Number: 73582128