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Reading 01867
112 Belmont St
$775,000
● House - Off Market

112 Belmont St

Reading, MA 01867
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,918 Ft²
$873,613
RealtyHop Estimate
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model

About This Property

Start packing!  This lovely home features 8 rooms, 4 bedrooms,  2.5 baths, over 1900 sq. 2 car garage ft on large .50 acre lot in desirable neighborhood.  Enjoy this fantastic floor plan , the first floor features a  large cabinet packed packed eat in kitchen, formal dining room, large fireplaced living room, 3 generous sized bedrooms, master bedroom with 3/4 bath, an additional full bath on first floor.  In the lower level there is a 19x12 family fireplaced family room, a 1/2 bath an another bedroom or in home office.  Gleaming hardwood floors, 3 season porch overlooking beautiful yard. Showings start Sunday 11-1 p.mHome is virtually staged. Offers due Monday by 5pm.
Unit Size
1,918 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$391
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1967

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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: 5 years ago (MLSPIN #72801042)

Price History

Date / Event Date Event Price
May 5, 2021 Sold
Premium
Sold
Mar 19, 2021 Listed by Keller Williams Realty $750,000
Listed by Keller Williams Realty
Nov 18, 1969 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,352
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 2,096
  • Gross Building Area: 3,652
  • Building Area: 2,096
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,096
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: S20

Geography

  • Account Number: 1060000000
  • Parcel: READ M:028.0-0000-0121.0
  • Municipality: READING
  • Latitude: 42.5314
  • Longitude: -71.0953

    Address

  • Full Address: 112 Belmont St
  • Address - House Number: 112
  • Address - Street Name: Belmont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C016
  • 4-Digit Zip Code: 1820
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,042,300

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 908,984
  • High Value: 1,068,377
  • Low Value: 749,591

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $889,300
  • Assessed Land Value: $555,900
  • Assessed Improvements Value: $333,400

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102354
  • Previous Sale Recording Date: Nov 18, 1969
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$879,000

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2233 ft²

Average Home Age

53.5 years

Currently For Sale

27 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

$3,430 /mo

  • 2 Beds
  • 2 Baths
  • 1,097 ft²
200 Quannapowitt Parkway #B1ap - G2, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72801042

Frequently Asked Questions

When was property at 112 Belmont Street built and last sold?
The property at 112 Belmont Street was built in 1967 and last sold on May 5, 2021 for $775,000.
How much is this home worth?
The estimated value of the home located at 112 Belmont Street is $0.
What are some comparable homes to 112 Belmont Street?
There are currently no comparable homes to 112 Belmont Street.
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