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Reading 01867
125 Grove St
$680,000
● House - Off Market

125 Grove St

Reading, MA 01867
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,220 Ft²
$1,200,305
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

This one-of-a-kind Craftsman house sits on over an acre of land, creating your own private wooded oasis.  On the market for only the second time in its hundred year history, it features period details such as French doors, built-ins and original gumwood trim.   Newly updated kitchen and bathrooms, all new electrical wiring, newer roof, newer windows, heating system and hot water heater complete the blend of old and modern.  Move right in and enjoy!
Unit Size
2,220 Ft²
Days on Market
-
Land Size
1.31 acres
Price per sqft
$315
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1916

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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 #71913522)

Price History

Date / Event Date Event Price
Mar 7, 2016 Sold
Premium
Sold
Oct 2, 2015 Listed by eXp Realty $699,900
Listed by eXp Realty
Aug 24, 2009 Sold
Premium
Sold
Jun 26, 2009 Listed by eXp Realty $469,900
Listed by eXp Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,454
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,064
  • Total Building Area: 3,284
  • Gross Building Area: 4,422
  • Building Area: 3,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,284
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001310
  • 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: S15

Geography

  • Account Number: 1350000000
  • Parcel: READ M:032.0-0000-0191.0
  • Municipality: READING
  • Latitude: 42.5373
  • Longitude: -71.1211

    Address

  • Full Address: 125 Grove St
  • Address - House Number: 125
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C031
  • 4-Digit Zip Code: 1419
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,265,100

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,140,609
  • High Value: 1,320,237
  • Low Value: 960,982

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,079,400
  • Assessed Land Value: $561,600
  • Assessed Improvements Value: $517,800

    Sales

  • Current Sale Recording Date: Mar 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35298
  • Previous Sale Recording Date: Aug 24, 2009
  • Previous Sale Amount: $484,000
  • 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

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2112 ft²

Average Home Age

58.9 years

Currently For Sale

43 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71913522

Frequently Asked Questions

When was property at 125 Grove Street built and last sold?
The property at 125 Grove Street was built in 1916 and last sold on Jan 1, 1970 for $680,000.
How much is this home worth?
The estimated value of the home located at 125 Grove Street is $712,761.
What are some comparable homes to 125 Grove Street?
There are currently no comparable homes to 125 Grove Street.
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