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Reading 01867
10 Grand Street
$515,000
● House - Off Market

10 Grand Street

Reading, MA 01867
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,485 Ft²
$777,661
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Location! This charming Cape style home offers a spacious living room with a wood burning fireplace, a nice sized dining room with a built china cabinet, an eat in kitchen with granite counter tops and SS appliances. The second floor offers two bedrooms and one bath plus a finished room in the lower level with a gas fire place. Hardwood floors , a screened in porch off the living room, breezeway, a large private yard and a one car garage are some additional features of this house. A nice home in a lovely neighborhood situated a short distance from the commuter rail, bus, library, shops & restaurants. Convenient access to all major highways. Please note specific showing times allowed. Roof 2013:  kitchen 2007: Harvey windows 2007: Heating Buderus system 2002: Hot water tank 2014.
Unit Size
1,485 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$336
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72204978)

Price History

Date / Event Date Event Price
Sep 22, 2017 Sold
Premium
Sold
Jul 27, 2017 Listed by Century 21 Commonwealth $499,000
Listed by Century 21 Commonwealth
Aug 1, 2003 Sold
Premium
Sold
Jun 18, 2003 Listed by Century 21 Commonwealth $379,900
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2023
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 880
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,318
  • Total Building Area: 1,980
  • Gross Building Area: 2,979
  • Building Area: 1,980
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,980
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: READING SD
  • Census Tract: 334200

Zoning

  • Zoning: S15

Geography

  • Account Number: 730000000
  • Parcel: READ M:021.0-0000-0099.0
  • Municipality: READING
  • Latitude: 42.5255
  • Longitude: -71.1118

    Address

  • Full Address: 10 Grand St
  • Address - House Number: 10
  • Address - Street Name: Grand
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 2411
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $904,400

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 769,954
  • High Value: 937,146
  • Low Value: 602,761

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $771,700
  • Assessed Land Value: $431,000
  • Assessed Improvements Value: $340,700

    Sales

  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 153917
  • Previous Sale Recording Date: Aug 01, 2003
  • Previous Sale Amount: $386,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Reading

Stats & Trends

Median Asking:

$866,500

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2107 ft²

Average Home Age

60.3 years

Currently For Sale

42 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,715 /mo

  • 1 Bed
  • 1 Bath
  • 831 ft²
200 Quannapowitt Parkway #A10J, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72204978

Frequently Asked Questions

When was property at 10 Grand Street built and last sold?
The property at 10 Grand Street was built in 1925 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 10 Grand Street is $496,645.
What are some comparable homes to 10 Grand Street?
There are currently no comparable homes to 10 Grand Street.
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