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Reading 01867
11 Pinevale Avenue
Photo of 11 Pinevale Avenue
Sold on Apr 29, 2010

1

Map

$335,000
● House - Off Market

11 Pinevale Avenue

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,308 Ft²
$687,517
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

PRICE REDUCTION! Solid 1920's Colonial on a quiet side street in the Joshua Eaton School District. Some of the recent updates include a new electrical service, 2nd floor carpets, dining room wall a/c, granite kitchen counters  and appliances. Lots of closet storage, natural woodwork, pretty hardwood floors and a spacious formal dining room. Convenient location with easy highway access. (2004 Refrigerator, washer & dryer included and also curtains will remain).
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$256
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1927

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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 #71030568)

Price History

Date / Event Date Event Price
Apr 29, 2010 Sold
Premium
Sold
Feb 9, 2010 Listed $334,900
Listed
May 28, 2004 Sold
Premium
Sold
Feb 23, 2004 Listed $359,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 684
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,896
  • Total Building Area: 1,308
  • Gross Building Area: 2,214
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000112
  • 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: 334100

Zoning

  • Zoning: S15

Geography

  • Account Number: 350000000
  • Parcel: READ M:011.0-0000-0219.0
  • Municipality: READING
  • Latitude: 42.5148
  • Longitude: -71.1045

    Address

  • Full Address: 11 Pinevale Ave
  • Address - House Number: 11
  • Address - Street Name: Pinevale
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C014
  • 4-Digit Zip Code: 3828
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $698,600

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 706,982
  • High Value: 834,463
  • Low Value: 579,502

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $596,100
  • Assessed Land Value: $363,400
  • Assessed Improvements Value: $232,700

    Sales

  • Current Sale Recording Date: Apr 29, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00068172
  • Previous Sale Recording Date: May 28, 2004
  • Previous Sale Amount: $350,000
  • 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,115 /mo

  • 1 Bed
  • 1 Bath
  • 893 ft²
200 Quannapowitt Parkway #A6, 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# 71030568

Frequently Asked Questions

When was property at 11 Pinevale Avenue built and last sold?
The property at 11 Pinevale Avenue was built in 1927 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 11 Pinevale Avenue is $355,824.
What are some comparable homes to 11 Pinevale Avenue?
There are currently no comparable homes to 11 Pinevale Avenue.
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