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Everett 02149 Glendale
101 Reed Ave
$345,000
● House - Off Market

101 Reed Ave

Everett, MA 02149
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,026 Ft²
$514,490
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

RENOVATED & ready to move right into. Sell your tools and paint brushes, you won't need any of it here.  Instead of pricing at market value, seller chose to list at a discounted price to MOVE IT QUICKLY! There will likely be offers made over list price within first week. Submit your offer ASAP and allow up to 48 hours for SELLER response. This one has it all with a flowing open floor plan featuring a brand new kitchen with upgraded maple cabinets, granite counters, stainless appliances, hardwood floors throughout that are GLEAMING, 1st floor laundry, a bath on each floor that are both newly renovated, brand new roof, brand new heating system, and updated plumbing and electrical. Free 1 yr home warranty if you close within 45 days or from offer acceptance.
Unit Size
1,026 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$292
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1900

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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 #71951219)

Price History

Date / Event Date Event Price
Mar 4, 2016 Sold
Premium
Sold
Jan 21, 2016 Listed by Proactive Realty $300,000
Listed by Proactive Realty
Sep 28, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 513
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,770
  • Total Building Area: 1,026
  • Gross Building Area: 2,057
  • Building Area: 1,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,026
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORRIS B HALL
  • Land Acres: 0000000064
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Everett School District
  • Census Tract: 342502

Zoning

  • Zoning: DD

Geography

  • Account Number: M00002 00
  • Parcel: EVER M:M0 B:02 L:000217
  • Block: 2
  • Lot: 217
  • Municipality: EVERETT
  • Latitude: 42.4109
  • Longitude: -71.0462

    Address

  • Full Address: 101 Reed Ave
  • Address - House Number: 101
  • Address - Street Name: Reed
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Everett
  • Carrier Code: C027
  • 4-Digit Zip Code: 3939
  • Zip Code: 02149

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $667,100

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 628,439
  • High Value: 734,224
  • Low Value: 522,654

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $582,100
  • Assessed Land Value: $218,600
  • Assessed Improvements Value: $363,500

    Sales

  • Current Sale Recording Date: Mar 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34463
  • Previous Sale Recording Date: Sep 28, 2015
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: O
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 Glendale

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$392

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2044 ft²

Average Home Age

104.5 years

Currently For Sale

25 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 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71951219

Frequently Asked Questions

When was property at 101 Reed Avenue built and last sold?
The property at 101 Reed Avenue was built in 1900 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 101 Reed Avenue is $314,469.
What are some comparable homes to 101 Reed Avenue?
There are currently no comparable homes to 101 Reed Avenue.
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