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Reading 01867
11 Appleton Ln
$450,000
● House - Off Market

11 Appleton Ln

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,715 Ft²
$851,908
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Open House Saturday May 24th 12-1:30    Great cul de sac neighborhood, this home has plenty of space for a growing family.  First floor family room with cathedral ceiling and skylights.  Lower level playroom plus an office and a bedroom ideal for family or guests. Pretty living room and dining room that is open to the kitchen with a breakfast bar. Lots of natural light.   Special features include: built in book cases and window seat in the familyroom, Large deck for the barbeque, Central air conditioning, wired speakers, wireless hub in attic, a delightful stone patio surrounded by perrenial gardens, fenced yard. Good storage and all the closets have closet organizers.   A commuter's dream: quiet neighborhood but in walking distance to transportation and just minutes from highways. Call today for a private showing.
Unit Size
1,715 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$274
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1989

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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 #71651537)

Price History

Date / Event Date Event Price
Jul 7, 2014 Sold
Premium
Sold
Mar 28, 2014 Listed by Boardwalk Real Estate $469,900
Listed by Boardwalk Real Estate

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,190
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,357
  • Total Building Area: 1,715
  • Gross Building Area: 2,429
  • Building Area: 1,715
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,715
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 603E
  • Land Acres: 0000000330
  • 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: 334400

Zoning

  • Zoning: S15

Geography

  • Account Number: 890000000
  • Parcel: READ M:022.0-0000-0324.0
  • Municipality: READING
  • Latitude: 42.5281
  • Longitude: -71.0946

    Address

  • Full Address: 11 Appleton Ln
  • Address - House Number: 11
  • Address - Street Name: Appleton
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Reading
  • Carrier Code: C029
  • 4-Digit Zip Code: 2669
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $944,300

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 879,062
  • High Value: 1,033,208
  • Low Value: 724,916

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $805,700
  • Assessed Land Value: $478,800
  • Assessed Improvements Value: $326,900

    Sales

  • Current Sale Recording Date: Jul 07, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1675138
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

2129 ft²

Average Home Age

56.3 years

Currently For Sale

40 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

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 843 ft²
200 Quannapowitt Parkway #A5aP, 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# 71651537

Frequently Asked Questions

When was property at 11 Appleton Lane built and last sold?
The property at 11 Appleton Lane was built in 1989 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 11 Appleton Lane is $488,310.
What are some comparable homes to 11 Appleton Lane?
There are currently no comparable homes to 11 Appleton Lane.
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