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Reading 01867
11 Mount Vernon Street
$570,000
● House - Off Market

11 Mount Vernon Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,139 Ft²
$948,866
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

IN TOWN LOCATION - Beautifully renovated Colonial near train, shops, and restaurants. Open floor plan on the main level features a living room, dining room, sunroom, eat-in custom kitchen, full bathroom and mudroom.  Second floor consists of 3 bedrooms, full bathroom with Asian Soaking Tub and abundant closet space.  A bedroom and office complete the third floor.  Numerous upgrades throughout including sliding french and pocket doors, hardwood flooring, skylights, and Runtal wall-mounted radiators.  Backyard is an outdoor oasis with terraced perennial gardens and brick patio. Excellent home for entertaining!
Unit Size
2,139 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$252
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1880

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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 #71731621)

Price History

Date / Event Date Event Price
May 1, 2015 Sold
Premium
Sold
Aug 20, 2014 Listed by Hammond Residential Real Estate $539,000
Listed by Hammond Residential Real Estate
Aug 5, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 951
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,802
  • Total Building Area: 2,139
  • Gross Building Area: 3,819
  • Building Area: 2,139
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,139
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • 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: 750000000
  • Parcel: READ M:021.0-0000-0207.0
  • Municipality: READING
  • Latitude: 42.5249
  • Longitude: -71.1066

    Address

  • Full Address: 11 Mount Vernon St
  • Address - House Number: 11
  • Address - Street Name: Mount Vernon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 2536
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $963,100

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 926,339
  • High Value: 1,127,490
  • Low Value: 725,188

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $821,800
  • Assessed Land Value: $425,700
  • Assessed Improvements Value: $396,100

    Sales

  • Current Sale Recording Date: May 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1697894
  • Previous Sale Recording Date: Aug 05, 2004
  • Previous Sale Amount: $400,000
  • 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

$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# 71731621

Frequently Asked Questions

When was property at 11 Mt Vernon Street built and last sold?
The property at 11 Mt Vernon Street was built in 1880 and last sold on Jan 1, 1970 for $570,000.
How much is this home worth?
The estimated value of the home located at 11 Mt Vernon Street is $568,625.
What are some comparable homes to 11 Mt Vernon Street?
There are currently no comparable homes to 11 Mt Vernon Street.
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