North Reading, MA Flip Analysis
Empirical analysis of 397 closed transactions · 9 profitable flips identified (>15% gain)
397
Total Closed
9
Profitable Flips
3
SFR Flips
6
Condo Flips
$773K
Avg SFR Gain
160%
Avg SFR % Change
Market Context
Overview of all property types in the North Reading market, based on 397 closed transactions.
| Property Type | Profitable Flips | Avg Gross Gain | Avg % Change |
|---|---|---|---|
| SFR Single Family | 3 | $773,333 | 159.6% |
| Condo Condominium | 6 | $166,320 | 38.6% |
Single Family Residence Analysis
3 profitable SFR flips ranked by gross gain. Click any row to expand financial details.
| # | Address | Buy Date | Sell Date | Buy Price | Sell Price | Gross Gain | % Change | Days Held | Year Built | Sqft Change | Buy MLS | Sell MLS |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 180 North St, North Reading MA 01864 | May 23, 2024 | Aug 4, 2025 | $475,000 | $1,580,000 | $1,105,000 | 232.6% | 438 | N/A | +4,370 | 73225329 | 73364582 |
|
Buy Closing Costs
$7,125
Sell Closing + Commission
$94,800
Holding Costs
$34,174
Total Soft Costs
$147,070
Est. Renovation
$655,500
Total Investment
$1,277,570
Est. Net Profit
$302,430
Est. ROI
23.7%
|
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| 2 | 182 North St, North Reading MA 01864 | May 23, 2024 | Sep 17, 2025 | $475,000 | $1,425,000 | $950,000 | 200.0% | 482 | N/A | +3,812 | 73225332 | 73409188 |
|
Buy Closing Costs
$7,125
Sell Closing + Commission
$85,500
Holding Costs
$37,607
Total Soft Costs
$140,496
Est. Renovation
$571,800
Total Investment
$1,187,296
Est. Net Profit
$237,704
Est. ROI
20.0%
|
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| 3 | 4 Jenkins Way, North Reading MA 01864 | Jan 2, 2025 | Sep 16, 2025 | $575,000 | $840,000 | $265,000 | 46.1% | 257 | 1957 | +1,148 | 73311737 | 73378603 |
|
Buy Closing Costs
$8,625
Sell Closing + Commission
$50,400
Holding Costs
$24,273
Total Soft Costs
$91,351
Est. Renovation
$247,080
Total Investment
$913,431
Est. Net Profit
$-73,431
Est. ROI
-8.0%
|
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Purchase Price Band Performance
How purchase price affects flip returns for SFR properties.
| Price Band | Count | Avg Gain | Avg % Change |
|---|---|---|---|
| $400K-$600K | 3 | $773,333 | 159.6% |
Property Vintage Analysis
How property age affects flip profitability in North Reading.
| Decade | Count | Avg Gain | Avg % Change |
|---|---|---|---|
| Pre-1920 | 2 | $1,027,500 | 216.3% |
| 1950-1969 | 1 | $265,000 | 46.1% |
Hold Time Performance
How hold period affects flip ROI in North Reading.
| Hold Period | Count | Avg Gain | Avg % Change | Est. Avg ROI |
|---|---|---|---|---|
| 6-9 months | 1 | $265,000 | 46.1% | -8.0% |
| 12-18 months | 2 | $1,027,500 | 216.3% | 21.9% |
Seasonal Timing
When do the best-performing flips get purchased in North Reading?
Condominium Flips
6 profitable condo flips. Click any row to expand financial details.
| # | Address | Buy Date | Sell Date | Buy Price | Sell Price | Gross Gain | % Change | Days Held | Year Built | Buy MLS | Sell MLS |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 320 Martins Landing, North Reading MA | Dec 22, 2025 | Jan 30, 2026 | $569,999 | $868,920 | $298,921 | 52.4% | 39 | 2025 | 73404206 | 73460208 |
|
Buy Closing Costs
$8,550
Sell Closing + Commission
$52,135
Holding Costs
$4,894
Total Soft Costs
$73,741
Est. Renovation
$130,645
Total Investment
$774,385
Est. Net Profit
$94,535
Est. ROI
12.2%
|
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| 2 | 250 Martins Landing # 103, North Reading MA 01864 | Jul 9, 2025 | Oct 23, 2025 | $425,000 | $695,000 | $270,000 | 63.5% | 106 | 2022 | 73347516 | 73407768 |
|
Buy Closing Costs
$6,375
Sell Closing + Commission
$41,700
Holding Costs
$10,273
Total Soft Costs
$65,055
Est. Renovation
$143,225
Total Investment
$633,280
Est. Net Profit
$61,720
Est. ROI
9.7%
|
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| 3 | 230 Martins Landing # 105, North Reading MA 01864 | Mar 31, 2025 | Sep 11, 2025 | $415,000 | $575,000 | $160,000 | 38.6% | 164 | 2020 | 73321388 | 73390059 |
|
Buy Closing Costs
$6,225
Sell Closing + Commission
$34,500
Holding Costs
$15,570
Total Soft Costs
$62,410
Est. Renovation
$110,950
Total Investment
$588,360
Est. Net Profit
$-13,360
Est. ROI
-2.3%
|
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| 4 | 3 Greenbriar Drive # 305, North Reading MA 01864 | Dec 12, 2024 | Feb 21, 2025 | $262,000 | $370,000 | $108,000 | 41.2% | 71 | 1974 | 73306262 | 73329910 |
|
Buy Closing Costs
$3,930
Sell Closing + Commission
$22,200
Holding Costs
$4,600
Total Soft Costs
$35,212
Est. Renovation
$70,850
Total Investment
$368,062
Est. Net Profit
$1,938
Est. ROI
0.5%
|
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| 5 | 200 Martins Lndg # 105, North Reading MA 01864 | Feb 28, 2025 | Aug 19, 2025 | $419,000 | $500,000 | $81,000 | 19.3% | 172 | 2018 | 73298781 | 73342907 |
|
Buy Closing Costs
$6,285
Sell Closing + Commission
$30,000
Holding Costs
$16,465
Total Soft Costs
$58,541
Est. Renovation
$63,225
Total Investment
$540,766
Est. Net Profit
$-40,766
Est. ROI
-7.5%
|
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| 6 | 240 Martins Landing # 204, North Reading MA 01864 | Feb 26, 2025 | Aug 28, 2025 | $480,000 | $560,000 | $80,000 | 16.7% | 183 | 2021 | 73324293 | 73405390 |
|
Buy Closing Costs
$7,200
Sell Closing + Commission
$33,600
Holding Costs
$19,719
Total Soft Costs
$66,861
Est. Renovation
$80,275
Total Investment
$627,136
Est. Net Profit
$-67,136
Est. ROI
-10.7%
|
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SFR vs Condo Comparison
Profit Trends Over Time
How flip profitability has changed across all property types in North Reading.
| Period | Flip Count | Avg Gross Gain | Avg Net Profit | Avg ROI |
|---|
Raw Data
Download the complete dataset or view all 9 flips with full financial details.
| Type | Address | Buy Date | Sell Date | Days | Buy Price | Sell Price | Gross Gain | % Chg | Beds B/A | Baths B/A | Sqft B/A | Year | Lot | Buy MLS | Sell MLS | Buy Close | Sell Close | Commission | Holding | Soft Costs | Est Reno | Total Inv | Net Profit | ROI |
|---|
Data Source: Analysis based on 397 closed MLS transactions in North Reading, MA. Profitable flips defined as properties bought and re-sold within 730 days with >15% gross gain. Financial estimates use 4.5% commission, standard MA closing costs. Actual renovation costs and net profits vary. Analysis date: 2026-03-06 08:39.