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Reading 01867
12 Clover Circle
$874,500
● House - Off Market

12 Clover Circle

Reading, MA 01867
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,566 Ft²
$994,678
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Great opportunity to move into this lovely 8 Room Colonial on a cul-de-sac in Reading.   Cherry kitchen with granite & breakfast bar open into large dining area makes way for great family meals & great entertaining too.  Two sided fireplace separates 2 seating areas & leads to a terrific 3 season room with hot tub & sliders out to a beautiful landscaped level yard,  complete with large area for recreation as well as a rear garden area for fruits, vegetables & flowers. Finished lower level offers more room for fun & games & storage.
Unit Size
2,566 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$341
Property Type
House
Property Taxes
$975
HOA Dues
-
Year Built
1985

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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 #72861825)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed by Z. Realty $875,000
Listed by Z. Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,358
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,160
  • Total Building Area: 3,245
  • Gross Building Area: 5,122
  • Building Area: 3,245
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,245
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000463
  • 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: S20

Geography

  • Account Number: 1970000000
  • Parcel: READ M:046.0-0000-0127.0
  • Municipality: READING
  • Latitude: 42.5485
  • Longitude: -71.095

    Address

  • Full Address: 12 Clover Cir
  • Address - House Number: 12
  • Address - Street Name: Clover
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 1165
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,335,400

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,154,948
  • High Value: 1,357,471
  • Low Value: 952,424

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,139,400
  • Assessed Land Value: $585,800
  • Assessed Improvements Value: $553,600

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 194555
  • Previous Sale Recording Date: Jun 28, 2017
  • 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

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,157 ft²
200 Quannapowitt Parkway #B13, 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# 72861825

Frequently Asked Questions

When was property at 12 Clover Circle built and last sold?
The property at 12 Clover Circle was built in 1985 and last sold on Aug 31, 2021 for $874,500.
How much is this home worth?
The estimated value of the home located at 12 Clover Circle is $0.
What are some comparable homes to 12 Clover Circle?
There are currently no comparable homes to 12 Clover Circle.
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