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Reading 01867
1230 Main Street
$350,000
● House - Off Market

1230 Main Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999,999 Ft²
$756,630
RealtyHop Estimate
101.82%
Since Nov 1, 2003
MA-Boston
Primary Model

About This Property

A FEW COSMETICS WILL MAKE THIS YOUR OWN. GREAT HOME FOR OUT- DOOR ENJOYMENT. PRETTY LARGE YARD W/AG POOL, MATURE PLANT- INGS (PUSSY WILLOW, DOGWOOD, BLACK CEDAR & PEAR TREES) MAKE FOR PRIVACY. HW FLRS, FP'D LR & FR, CT BA, PORCH, 2 CAR GAR.
Unit Size
999,999 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$0
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1968

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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 years ago (MLSPIN #30747227)

Price History

Date / Event Date Event Price
Oct 14, 2003 Sold
Premium
Sold
Jul 18, 2003 Listed by Colonial Manor Realty $374,900
Listed by Colonial Manor Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 1,371
  • Gross Building Area: 2,502
  • Building Area: 1,371
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,371
  • Heating Fuel Type: 3

    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: 334300

Zoning

  • Zoning: S20

Geography

  • Account Number: 1950000000
  • Parcel: READ M:045.0-0000-0076.0
  • Municipality: READING
  • Latitude: 42.5491
  • Longitude: -71.1046

    Address

  • Full Address: 1230 Main St
  • Address - House Number: 1230
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C018
  • 4-Digit Zip Code: 1155
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $763,600

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 698,447
  • High Value: 807,310
  • Low Value: 589,584

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $651,500
  • Assessed Land Value: $404,500
  • Assessed Improvements Value: $247,000

    Sales

  • Current Sale Recording Date: Oct 14, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1328
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

$4,525 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
200 Quannapowitt Parkway #C1B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30747227

Frequently Asked Questions

When was property at 1230 Main Street built and last sold?
The property at 1230 Main Street was built in 1968 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 1230 Main Street is $0.
What are some comparable homes to 1230 Main Street?
There are currently no comparable homes to 1230 Main Street.
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