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Reading 01867
105 Sanborn Ln
$335,000
● House - Off Market

105 Sanborn Ln

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,310 Ft²
$779,687
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

GREAT LOCATION! WITHIN WALKING DISTANCE TO SCHOOL. OVERSIZED SPLIT LEVEL ON 1 ACRE LOT.THREE LARGE BEDROOMS. POSSIBLE FOURTH BEDROOM IN LOWER LEVEL W/WINDOW/CLOSET. A 15x16 3 SEASON PORCH (WOOD STOVE)OFF OF LARGE KITCHEN. LARGE LIVING ROOM WITH PELLET STOVE. HOOK UP FOR POSSIBLE 3RD BATHROOM IN BSMT. 1 FULL BATH AND MASTER BATH IN BEDROOM. LOTS AND LOTS OF POTENTIAL!!
Unit Size
1,310 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$286
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
2011

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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 years ago (MLSPIN #70763986)

Price History

Date / Event Date Event Price
Oct 19, 2009 Sold
Premium
Sold
May 20, 2008 Listed by LAER Realty Partners $375,000
Listed by LAER Realty Partners

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,434
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,002
  • Total Building Area: 4,104
  • Gross Building Area: 7,882
  • Building Area: 4,104
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 4,104
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • 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: 334300

Zoning

  • Zoning: S20

Geography

  • Account Number: 2340000000
  • Parcel: READ M:055.0-0000-0058.0
  • Municipality: READING
  • Latitude: 42.5576
  • Longitude: -71.1148

    Address

  • Full Address: 105 Sanborn Ln
  • Address - House Number: 105
  • Address - Street Name: Sanborn
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Reading
  • Carrier Code: C012
  • 4-Digit Zip Code: 1012
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,432,900

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 85
  • Final Value: 1,248,113
  • High Value: 1,406,143
  • Low Value: 1,090,084

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,222,600
  • Assessed Land Value: $524,900
  • Assessed Improvements Value: $697,700

    Sales

  • Current Sale Recording Date: Oct 19, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00202091
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:

$865,000

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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70763986

Frequently Asked Questions

When was property at 105 Sanborn Lane built and last sold?
The property at 105 Sanborn Lane was built in 2011 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 105 Sanborn Lane is $0.
What are some comparable homes to 105 Sanborn Lane?
There are currently no comparable homes to 105 Sanborn Lane.
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