Single Family Residence at 38 Peter Rd, North Reading MA 01864
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42 photos

$825,000

38 Peter Rd, North Reading MA 01864
North Reading, MA 01864
Listed by Kanniard Residential Group
Bedrooms
4
Bathrooms
2
Living area
2,150 sqft
Year built
1964

About this home

Beautiful ranch style home located in a highly desirable neighborhood.  This property has received many improvements over the past 10 years and is in excellent condition!  Featuring an open-concept floor plan with an eat-in kitchen flowing into a living room with a fireplace.  The kitchen has been updated with white shaker-style cabinetry, granite countertops, and stainless steel appliances.  All of the bedrooms have hardwood floors including the spacious owners suite that has it's own private bathroom, walk in closet, and a covered balcony.  The finished lower level offers plenty of room to entertain and walks out to the back yard with a modern patio. The 2 car garage is generous in size and has an adjacent workshop and storage area. This easy to maintain home is equipped with a young heat pump for heating and A/C, quality replacement windows installed in 2017, and a newer electric panel installed in 2022. The sellers will install a brand new septic system prior to closing!

Highlights

Fireplace

Property details

MLS
MLS Property Information Network
MLS #
73574432
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
42
On market date
September 9, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
8
Lot size
1.1 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
J Turner Hood
0.58 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
356
Student:teacher ratio
12.3:1
District
North Reading
Middle
North Reading Middle
1.66 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
564
Student:teacher ratio
11.3:1
District
North Reading
High
North Reading High
1.72 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
9.5:1
District
North Reading

Walkability

Blended score for North Reading's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

26
Car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Google Places amenity density
20 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools2
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in North Reading, from live MLS data.

On the market 42 days -- 34 fewer days than North Reading's current average of 76 days.
For reference, the median list price across 109 active listings in North Reading right now is $730,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,118/mo
$165,000 down
$660,000 loan
Principal & interest$4,281
Property tax (est.)$688
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.