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Reading 01867
121 Willow Street
$710,000
● House - Off Market

121 Willow Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,540 Ft²
$1,115,571
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

NOT ORDINARY!  The George Hartwell Home is listed on the National Historic Registry.  Rich in detail and steeped in history.  Gracious and spacious describe this oversized Arts and Crafts style bungalow. 4 plus bedrooms, 3 full baths and 2 half baths with room for the extended family.  To meditate on life's rewards, relax in the separate hot tub/spa room overlooking beautiful yard and patio. Finished basement includes game room, office, laundry and half bath. Lovely wood floors, moldings and period features with every update for the modern family.   Like a private park, stately trees offer complete privacy, and plenty of room for summer fun!  One of the most admired homes when driving around Reading!  Don't hesitate to see this wonderful home!
Unit Size
3,540 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$189
Property Type
House
Property Taxes
$658
HOA Dues
-
Year Built
1917

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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 #72041550)

Price History

Date / Event Date Event Price
Sep 30, 2016 Sold
Premium
Sold
Jul 21, 2016 Listed by Premier Realty Group, Inc. $669,900
Listed by Premier Realty Group, Inc.
Oct 1, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 2,052
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 69,696
  • Total Building Area: 3,540
  • Gross Building Area: 6,302
  • Building Area: 3,540
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,540
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001600
  • 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: S20

Geography

  • Account Number: 980000000
  • Parcel: READ M:020.0-0000-0309.0
  • Municipality: READING
  • Latitude: 42.5282
  • Longitude: -71.1254

    Address

  • Full Address: 121 Willow St
  • Address - House Number: 121
  • Address - Street Name: Willow
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C034
  • 4-Digit Zip Code: 1551
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,228,500

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,164,446
  • High Value: 1,347,828
  • Low Value: 981,064

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,048,200
  • Assessed Land Value: $512,200
  • Assessed Improvements Value: $536,000

    Sales

  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 174267
  • Previous Sale Recording Date: Oct 01, 1997
  • Previous Sale Amount: $275,000
  • 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:

$849,900

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2197 ft²

Average Home Age

55.6 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# 72041550

Frequently Asked Questions

When was property at 121 Willow Street built and last sold?
The property at 121 Willow Street was built in 1917 and last sold on Jan 1, 1970 for $710,000.
How much is this home worth?
The estimated value of the home located at 121 Willow Street is $727,647.
What are some comparable homes to 121 Willow Street?
There are currently no comparable homes to 121 Willow Street.
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