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Reading 01867
11 Mark Avenue
$518,000
● House - Off Market

11 Mark Avenue

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,067 Ft²
$911,236
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Quality built full shed Cape Cod with unique floor plan.  Charming country kitchen leads to dining room with fireplace. Spacious living room is loaded with recessed lighting and built in shelving. This four bedroom features two master bedrooms, one on each floor! Beautiful sunroom offers seasonal views of private backyard. Filled with natural light,  gleaming hardwood flooring and custom details, this property should not be missed.  Set on a large lot on a side street, additional amenities include:  two car detached garage with work area and full basement with potential to expand!  Location is close to schools, major routes, country club and more!
Unit Size
2,067 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$254
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1957

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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 #71885327)

Price History

Date / Event Date Event Price
Sep 22, 2015 Sold
Premium
Sold
Aug 6, 2015 Listed by Century 21 Commonwealth $524,000
Listed by Century 21 Commonwealth
Jun 21, 2010 Sold
Premium
Sold
Apr 9, 2010 Listed by Century 21 Commonwealth $489,000
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,353
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,153
  • Total Building Area: 2,067
  • Gross Building Area: 4,112
  • Building Area: 2,067
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,067
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000600
  • 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: S15

Geography

  • Account Number: 1210000000
  • Parcel: READ M:032.0-0000-0041.0
  • Municipality: READING
  • Latitude: 42.5351
  • Longitude: -71.1201

    Address

  • Full Address: 11 Mark Ave
  • Address - House Number: 11
  • Address - Street Name: Mark
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C031
  • 4-Digit Zip Code: 1556
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $880,600

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 858,740
  • High Value: 992,397
  • Low Value: 725,084

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $751,400
  • Assessed Land Value: $448,800
  • Assessed Improvements Value: $302,600

    Sales

  • Current Sale Recording Date: Sep 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 161497
  • Previous Sale Recording Date: Jun 21, 2010
  • Previous Sale Amount: $480,000
  • 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:

$865,000

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2135 ft²

Average Home Age

57.1 years

Currently For Sale

35 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 months ago
Data Source: MLS PIN, MLS# 71885327

Frequently Asked Questions

When was property at 11 Mark Avenue built and last sold?
The property at 11 Mark Avenue was built in 1957 and last sold on Jan 1, 1970 for $518,000.
How much is this home worth?
The estimated value of the home located at 11 Mark Avenue is $547,787.
What are some comparable homes to 11 Mark Avenue?
There are currently no comparable homes to 11 Mark Avenue.
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