
472 Summer Avenue Reading — Photo 1 of 34
$2,149,000
Investment Analysis — 472 Summer Avenue
Reading, MA 01867
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01867 carries an estimated $3,470/mo in gross rent — about a 0.27% cap rate and $5,858/yr in estimated NOI at the $2,149,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
4,930
Style
Single Family
Built
2026
This spectacular new construction home in one of Readings desirable neighborhoods, is poised on a rare 33,824 acre lot and set across from Leach Park. This spacious home offers a sophisticated design which blends seamlessly with every day functionality, offering 12 rooms, 5 bedrooms, 3.5 baths and a large 3 car attached garage. A striking stone front porch, an expansive open concept floor plan and a thoughtfully designed kitchen with a large center island, a walk in pantry and Bosch appliances. The comfortable family room centered around a gas fireplace transitions to the large covered rear deck which has a dedicated gas line for grilling. A formal dining room, living room, office, half bath and a large foyer completes the first floor. The upper level has 4 bedrooms and 2 full baths which includes a luxury primary suite with a spacious bedroom, bathroom and two walk in closets. The walk out lower level features a secondary living space which includes another large family room, the 5th bedroom, a media room or work out space and access to the beautifully landscaped exterior and patio. Built with meticulous attention to detail and high end finishes throughout. The specification list, floor plans and plot pan is attached, please see for more details.
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 4,930 sq ft principal dwelling). Lot size: 33,824 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
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 14
Flooring - Hardwood
Dining Room
Lvl First17 x 15
Flooring - Hardwood
Kitchen
Lvl First17 x 14
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Slider, Stainless Steel Appliances, Storage
Family Room
Lvl First22 x 22
Flooring - Hardwood
Primary Bedroom
Lvl Second22 x 15
Bathroom - Full, Bathroom - Double Vanity/Sink
Bedroom 2
Lvl Second14 x 13
Bedroom 3
Lvl Second15 x 12
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second14 x 12.8
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl SecondBathroom - Full
Listing Agent: Sumi Sinnatamby
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73582457


