Park Colony sits at 40 Main St. in North Reading, MA, near the corner of Main Street and Summer Street. This low-rise building has 1 story and consists of 37 condominium units. Construction completed in 1974. The nearby Shawsheen River adds a scenic touch to the area, creating a pleasant setting.
Unit sizes range from 922 to 1,022 square feet and have either 1 or 2 bedrooms. Prices for the units fall between $310,000 and $318,000. The average closed price over the past year is $310,000, with the average price per square foot at $487. These units spend about 36 days on the market.
The building comes with various amenities to support an active lifestyle. There is a pool, tennis courts, and recreational facilities for residents. The property also has laundry facilities, bike paths, and easy access to public transportation. Nearby areas include parks and golf options for outdoor enjoyment.
Dining options nearby include restaurants like Beyond Bagels and Joe Fish Seafood Restaurant. Papa Gino's also provides a casual dining experience. The surroundings combine local spots with opportunities for relaxation and leisure.
Park Colony presents a straightforward living experience with solid features. Balancing comfort and convenience, this building welcomes a range of lifestyles. Residents enjoy both the tranquility of a low-rise structure and access to vibrant community amenities.
Park Colony sits at 40 Main St. in North Reading, MA, near the corner of Main Street and Summer Street. This low-rise building has 1 story and consists of 37 condominium units. Construction completed in 1974. The nearby Shawsheen River adds a scenic touch to the area, creating a pleasant setting.
Unit sizes range from 922 to 1,022 square feet and have either 1 or 2 bedrooms. Prices for the units fall between $310,000 and $318,000. The average closed price over the past year is $310,000, with the average price per square foot at $487. These units spend about 36 days on the market.
The building comes with various amenities to support an active lifestyle. There is a pool, tennis courts, and recreational facilities for residents. The property also has laundry facilities, bike paths, and easy access to public transportation. Nearby areas include parks and golf options for outdoor enjoyment.
Dining options nearby include restaurants like Beyond Bagels and Joe Fish Seafood Restaurant. Papa Gino's also provides a casual dining experience. The surroundings combine local spots with opportunities for relaxation and leisure.
Park Colony presents a straightforward living experience with solid features. Balancing comfort and convenience, this building welcomes a range of lifestyles. Residents enjoy both the tranquility of a low-rise structure and access to vibrant community amenities.
Description
Park Colony sits at 40 Main St. in North Reading, MA, near the corner of Main Street and Summer Street. This low-rise building has 1 story and consists of 37 condominium units. Construction completed in 1974. The nearby Shawsheen River adds a scenic touch to the area, creating a pleasant setting.
Unit sizes range from 922 to 1,022 square feet and have either 1 or 2 bedrooms. Prices for the units fall between $310,000 and $318,000. The average closed price over the past year is $310,000, with the average price per square foot at $487. These units spend about 36 days on the market.
The building comes with various amenities to support an active lifestyle. There is a pool, tennis courts, and recreational facilities for residents. The property also has laundry facilities, bike paths, and easy access to public transportation. Nearby areas include parks and golf options for outdoor enjoyment.
Dining options nearby include restaurants like Beyond Bagels and Joe Fish Seafood Restaurant. Papa Gino's also provides a casual dining experience. The surroundings combine local spots with opportunities for relaxation and leisure.
Park Colony presents a straightforward living experience with solid features. Balancing comfort and convenience, this building welcomes a range of lifestyles. Residents enjoy both the tranquility of a low-rise structure and access to vibrant community amenities.
Park Colony Key Stats Last 12 months
Avg. Listed Price-
Avg. Sale Price$310,000($487/Sqft.)
Year over year list price0.00%
Year over year sale price0.03%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market36 days
Average HOA fees per sqft$2 /monthly
Key Stats
Year over year list price0.00%
Year over year sale price0.03%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market36 days
Average HOA fees per sqft$2 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
Medium
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
Medium
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
Living at Park Colony comes with some delightful perks. Imagine spending your weekends unwinding at the sparkling pool or some friendly competition at the tennis courts. If you're a golf enthusiast, you'll appreciate the close proximity to great courses. Additionally, enjoy leisurely strolls with access to bike paths or take a moment to relax in nearby parks. And for those busy days, laundry facilities are right on-site! The building’s strategic location also ensures easy access to highways and public transportation.
Amenities Description
Living at Park Colony comes with some delightful perks. Imagine spending your weekends unwinding at the sparkling pool or some friendly competition at the tennis courts. If you're a golf enthusiast, you'll appreciate the close proximity to great courses. Additionally, enjoy leisurely strolls with access to bike paths or take a moment to relax in nearby parks. And for those busy days, laundry facilities are right on-site! The building’s strategic location also ensures easy access to highways and public transportation.
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
-
Visitors Parking
Amenities
Pool
Laundry
Tennis Court(s)
Storage
Balcony
Policies
Park Colony offers a reasonable set of building policies, easing the minds of first-time buyers. With some restrictions in place, you can feel secure knowing your living environment will maintain quality standards.
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
Building Name
Avg price per square foot
AVG HOA FEE per square foot (Monthly)
Park Colony
$487/sqft.
$2 /sqft.
40 Main St
$487/sqft.
$2 /sqft.
44 Main St
$442/sqft.
$2 /sqft.
Park Colony Condominium
$442/sqft.
$2 /sqft.
Park Colony Condominiums
$473/sqft.
$2 /sqft.
38 Main St
$473/sqft.
$2 /sqft.
Nearby Schools
E Ethel Little School
B+
Public|Grades PK–5
7 Barberry Rd|0.62 miles away
Wood End Elementary School
B
Public|Grades KG–5
85 Sunset Rock Ln|1.08 miles away
North Reading Middle School
A-
Public|Grades 6–8
189 Park St|1.41 miles away
North Reading High School
A
Public|Grades 9–12
189 Park St|1.42 miles away
L D Batchelder
A
Public|Grades KG–5
175 Park St|1.56 miles away
The May Center School for Autism Developmntl Disabilties
--
Private|Grades KG–12
50 Concord St Ste ...|1.66 miles away
Schools
What to know about schools
Description
E Ethel Little School
B+
Public|Grades PK–5
7 Barberry Rd|Less than 1 Mile Away
Wood End Elementary School
B
Public|Grades KG–5
85 Sunset Rock Ln|1.08 Miles Away
North Reading Middle School
A-
Public|Grades 6–8
189 Park St|1.41 Miles Away
North Reading High School
A
Public|Grades 9–12
189 Park St|1.42 Miles Away
L D Batchelder
A
Public|Grades KG–5
175 Park St|1.56 Miles Away
The May Center School for Autism Developmntl Disabilties
This neighborhood indicates a good mix of people which makes it a good place for families. About 20.12% are children aged 0–14, 14.59% are young adults between 15–29, 23.17% are adults aged 30–44, 21.74% are in the 45–59 range and 20.38% are seniors aged 60 and above.
Commuting options are also varying where 74.55% of residents relying on driving, while others prefer public transit around 3.09%, walking around 1.92%, biking around 0.01%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 75.83% of units owner occupied and 24.17% are rented.
The neighborhood offers different household types. About 43.69% are single family homes and 6.56% are multi family units. Around 25.59% are single-person households, while 74.41% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 36.49% of residents have bachelor’s degrees. Around 18.68% have high school or college education. Another 4.83% hold diplomas while 23.77% have completed postgraduate studies. The remaining are 16.24% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 20.12% are children aged 0–14, 14.59% are young adults between 15–29, 23.17% are adults aged 30–44, 21.74% are in the 45–59 range and 20.38% are seniors aged 60 and above.
Commuting options are also varying where 74.55% of residents relying on driving, while others prefer public transit around 3.09%, walking around 1.92%, biking around 0.01%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 75.83% of units owner occupied and 24.17% are rented.
The neighborhood offers different household types. About 43.69% are single family homes and 6.56% are multi family units. Around 25.59% are single-person households, while 74.41% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 36.49% of residents have bachelor’s degrees. Around 18.68% have high school or college education. Another 4.83% hold diplomas while 23.77% have completed postgraduate studies. The remaining are 16.24% with other types of qualifications.
Age Demographics
20.12%(0 - 14 years old)
14.59%(15 - 29 years old)
23.17%(30 - 44 years old)
21.74%(45 - 59 years old)
20.38%(60+ years old)
Commute
3.09%
Transit
1.92%
Walk
74.55%
Drive
0.01%
Bike
Housing Ownership
75.83%
Owner Occupied
24.17%
Rental Units
Household Types
43.69%
Single Family
6.56%
Multi Family
25.59%
Single Person
74.41%
Multi Person
Education
Bachelors Degree36.49%
High School College18.68%
Diploma4.83%
Post Graduate23.77%
Others16.24%
Education
Diploma4.83%
Post Graduate23.77%
Others16.24%
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