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Reading 01867
13 Colburn
$450,000
● House - Off Market

13 Colburn

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,121 Ft²
$671,375
RealtyHop Estimate
47.55%
Since Mar 1, 2019
MA-Boston
Primary Model

About This Property

LOCATION ,LOCATION, LOCATION, READING MA, HIGHLY SOUGHT AFTER AREA, CLOSE TO SCHOOLS, PARK, YMCA, EASY ACCESS TO THE HIGHWAY OR TRAIN STATION. WONDERFULLY MAINTAINED AND UPDATED  COLONIAL, GRANITE KITCHEN, WOOD FLOORS, MASTER BEDROOM WITH WALK-IN CLOSET. .3 SEASON PORCH TO EXTEND YOUR ENTERTAINING SPACE, NICE SIZED YARD FOR ALL KINDS OF OUTSIDE ACTIVITIES AND GARDENING.  DON'T LET THIS ONE GET AWAY!!!
Unit Size
1,121 Ft²
Days on Market
-
Land Size
-
Price per sqft
$406
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
1925

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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 #72435524)

Price History

Date / Event Date Event Price
Mar 21, 2019 No longer available -
No longer available
Feb 27, 2019 Sold
Premium
Sold
Feb 21, 2019 Listed by Keller Williams - Nashua $450,000
Listed by Keller Williams - Nashua
SINGLE FAMILY HOME,3 BEDROOMS 1 AND 3/4 BATHS SCREEN PORCH GRANITE COUNTER TOPS The manager has listed the unit size as 1121 square feet.
Dec 31, 2018 Listed by Keller Williams Realty $455,000
Listed by Keller Williams Realty
Dec 8, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 448
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Total Building Area: 1,121
  • Gross Building Area: 1,953
  • Building Area: 1,121
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,121
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 1540000000
  • Parcel: READ M:039.0-0000-0059.0
  • Municipality: READING
  • Latitude: 42.5404
  • Longitude: -71.1131

    Address

  • Full Address: 13 Colburn Rd
  • Address - House Number: 13
  • Address - Street Name: Colburn
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C013
  • 4-Digit Zip Code: 1625
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $679,100

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 636,570
  • High Value: 739,417
  • Low Value: 533,723

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,400
  • Assessed Land Value: $449,400
  • Assessed Improvements Value: $130,000

    Sales

  • Current Sale Contract Date: Feb 21, 2019
  • Current Sale Recording Date: Feb 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 14
  • Current Sale Input Document Number: 23965
  • Previous Sale Recording Date: Dec 08, 2016
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: O
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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72435524

Frequently Asked Questions

When was property at 13 Colburn Road built and last sold?
The property at 13 Colburn Road was built in 1925 and last sold on Feb 21, 2019 for $450,000.
How much is this home worth?
The estimated value of the home located at 13 Colburn Road is $460,471.
What are some comparable homes to 13 Colburn Road?
There are currently no comparable homes to 13 Colburn Road.
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