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CondominiumResidential

240 Martins Lndg

NORTH READING, MA 01864
2020
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 20204 floors50 units950–1,500 ft²
$29M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$572K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$488
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+40.8%vs the North Reading ZIP median sale $/ft² ($347)

Sales Performance

$629K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+12.3%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
2
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
4.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.0%per yeartypical hold 3.2 yrsfrom 7 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
2021202220232025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
2021202220232025

57 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$443K$538K$633K$728K950 ft²1,060 ft²1,170 ft²1,280 ft²1,390 ft²1,500 ft²
1 bd2 bd
1 bed
23 units
2 bed
27 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,335 ft²
8 units
2 bd · 2 ba · 1,490 ft²
8 units
2 bd · 2 ba · 1,500 ft²
8 units
1 bd · 1 ba · 955 ft²
6 units
1 bd · 1 ba · 965 ft²
6 units
1 bd · 1 ba · 1,030 ft²
6 units
1 bd · 1 ba · 1,020 ft²
4 units
2 bd · 2 ba · 1,140 ft²
2 units
One-off layouts
2 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$443K–$475K
7 units
$481K–$504K
6 units
$521K–$530K
11 units
$568K–$579K
3 units
$635K–$655K
5 units
$661K–$688K
7 units
$696K–$728K
11 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$486/ft²
Floor 2
$485/ft²
Floor 3
$488/ft²
Floor 4
$495/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·03
$512/ft²
Line ·08
$506/ft²
Line ·04
$505/ft²
Line ·11
$502/ft²
Line ·05
$498/ft²
Line ·10
$494/ft²
Line ·02
$490/ft²
Line ·12
$486/ft²
Line ·09
$482/ft²
Line ·06
$474/ft²
Line ·07
$462/ft²
Line ·01
$461/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.100%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.46%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.4.8 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.54%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.18%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$539,657
Median tax billThe middle annual property tax bill among the building's units.$7,458
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyMiddlesex
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Gas
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

District: North Reading School District

Neighborhood · ZIP 01864These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.38
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.94
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.87

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.15,861
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,181 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$140,298
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$192,654
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

240 Martins Lndg Apt 101
2 bd · 2 ba · 1,490 ft²
$684K
240 Martins Lndg Apt 102
1 bd · 1 ba · 955 ft²
$449K
240 Martins Lndg Apt 103
1 bd · 1 ba · 955 ft²
$473K
240 Martins Lndg Apt 104
1 bd · 1 ba · 955 ft²
$472K
240 Martins Lndg Apt 105
1 bd · 1 ba · 950 ft²
$481K
240 Martins Lndg Apt 106
2 bd · 2 ba · 1,490 ft²
$702K
240 Martins Lndg Apt 107
2 bd · 2 ba · 1,490 ft²
$680K
240 Martins Lndg Apt 108
1 bd · 1 ba · 1,020 ft²
$521K
240 Martins Lndg Apt 109
1 bd · 1 ba · 1,030 ft²
$525K
240 Martins Lndg Apt 110
1 bd · 1 ba · 1,030 ft²
$499K
240 Martins Lndg Apt 111
1 bd · 1 ba · 1,030 ft²
$523K
240 Martins Lndg Apt 112
1 bd · 1 ba · 1,020 ft²
$497K
240 Martins Lndg Apt 113
2 bd · 2 ba · 1,490 ft²
$688K
240 Martins Lndg Apt 201
2 bd · 2 ba · 1,490 ft²
$635K
240 Martins Lndg Apt 202
1 bd · 1 ba · 955 ft²
$454K
240 Martins Lndg Apt 203
1 bd · 1 ba · 955 ft²
$473K
240 Martins Lndg Apt 204
1 bd · 1 ba · 955 ft²
$443K
240 Martins Lndg Apt 205
2 bd · 2 ba · 1,125 ft²
$576K
240 Martins Lndg Apt 206
2 bd · 2 ba · 1,490 ft²
$696K
240 Martins Lndg Apt 207
2 bd · 2 ba · 1,490 ft²
$661K
240 Martins Lndg Apt 208
1 bd · 1 ba · 1,020 ft²
$522K
240 Martins Lndg Apt 209
1 bd · 1 ba · 1,030 ft²
$524K
240 Martins Lndg Apt 210
1 bd · 1 ba · 1,030 ft²
$524K
240 Martins Lndg Apt 211
1 bd · 1 ba · 1,030 ft²
$524K
240 Martins Lndg Apt 212
1 bd · 1 ba · 1,020 ft²
$521K
240 Martins Lndg # 213
2 bd · 2 ba · 1,490 ft²
$707K
240 Martins Lndg Apt 301
2 bd · 2 ba · 1,500 ft²
$707K
240 Martins Lndg # 302
1 bd · 1 ba · 965 ft²
$475K
240 Martins Lndg Apt 303
1 bd · 1 ba · 965 ft²
$497K
240 Martins Lndg Apt 304
1 bd · 1 ba · 965 ft²
$499K
240 Martins Lndg Apt 305
2 bd · 2 ba · 1,140 ft²
$579K
240 Martins Lndg Apt 306
2 bd · 2 ba · 1,500 ft²
$709K
240 Martins Lndg Apt 307
2 bd · 2 ba · 1,500 ft²
$702K
240 Martins Lndg Apt 308
2 bd · 2 ba · 1,335 ft²
$654K
240 Martins Lndg Apt 309
2 bd · 2 ba · 1,335 ft²
$646K
240 Martins Lndg Apt 310
2 bd · 2 ba · 1,335 ft²
$644K
240 Martins Lndg Apt 311
2 bd · 2 ba · 1,335 ft²
$655K
240 Martins Lndg Apt 312
2 bd · 2 ba · 1,500 ft²
$702K
240 Martins Lndg Apt 401
2 bd · 2 ba · 1,500 ft²
$728K
240 Martins Lndg Apt 402
1 bd · 1 ba · 965 ft²
$504K
240 Martins Lndg Apt 403
1 bd · 1 ba · 965 ft²
$523K
240 Martins Lndg Apt 404
1 bd · 1 ba · 965 ft²
$523K
240 Martins Lndg Apt 405
2 bd · 2 ba · 1,140 ft²
$530K
240 Martins Lndg Apt 406
2 bd · 2 ba · 1,500 ft²
$726K
240 Martins Lndg Apt 407
2 bd · 2 ba · 1,500 ft²
$718K
240 Martins Lndg Apt 408
2 bd · 2 ba · 1,335 ft²
$684K
240 Martins Lndg # 409
2 bd · 2 ba · 1,335 ft²
$568K
240 Martins Lndg Apt 410
2 bd · 2 ba · 1,335 ft²
$668K
240 Martins Lndg Apt 411
2 bd · 2 ba · 1,335 ft²
$670K
240 Martins Lndg Apt 412
2 bd · 2 ba · 1,500 ft²
$718K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 240 Martins Lndg

How many units are in 240 Martins Lndg, North Reading, MA?

240 Martins Lndg, North Reading, MA has 50 residential units across 4 floors, built in 2020, according to county assessor records.

What is a unit at 240 Martins Lndg, North Reading, MA worth?

The median TopHap Estimate across the 50 units at 240 Martins Lndg, North Reading, MA is $571,564. That works out to $488 per square foot. Units run from 950 to 1,500 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 240 Martins Lndg, North Reading, MA expensive for North Reading?

Units at 240 Martins Lndg, North Reading, MA carry a median of $488 per square foot, 41% above the North Reading median of $347 per square foot.

How often do units sell at 240 Martins Lndg, North Reading, MA?

2 units at 240 Martins Lndg, North Reading, MA sold in the last 12 months, out of 57 recorded arms-length sales all time. That is a turnover rate of 4.0% of the building per year. The median sale over that period was $629K.

Have units at 240 Martins Lndg, North Reading, MA appreciated?

Across 7 repeat sales of the same unit, 240 Martins Lndg, North Reading, MA returned a median 2.0% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 3.2 years.

What floor plans does 240 Martins Lndg, North Reading, MA have?

The most common plan at 240 Martins Lndg, North Reading, MA is a 2-bedroom of 1,335 square feet, repeated 8 times, with a median estimate of $654,403. TopHap identifies 8 recurring plans in the building.

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