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Reading 01867
14 Bancroft Ave
Photo of 14 Bancroft Ave
Sold on Jun 12, 2025

28

Map

Photo of 14 Bancroft Ave
Photo of 14 Bancroft Ave
$725,000
● House - Off Market

14 Bancroft Ave

Reading, MA 01867
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,470 Ft²
$4,331
Est. Monthly
6.16%
Cap Rate

About This Property

The Symmonds-Abbott house has had just three owners, with the current owners having lived in this home for 46 years. This 8 room, 4 bedroom home with 1.5 baths is ideally located within a short distance to the Commuter rail, Library, Schools and all the stores, restaurants and events the charming downtown has to offer. Large front porch for three season living, a wood burning fireplace in the living room, built in china cabinet in the dining room, three large window seats, front and back staircases and an unfinished walk up attic. This property has character throughout. Some upgrades~ Hot Water Tank 2016 ~ Gas Furnace & Roof 2017 ~ 3 mini splits 2021 ~ Chimney rebuilt 2022 ~ Full bath 2023 ~ Shingles (front left ) 2024 ~ (dormers) 2018 ~  Electrical updated 2025.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$510
Property Type
House
Property Taxes
$648
HOA Dues
-
Year Built
1900

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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: 2 years ago (MLSPIN #73364206)

Price History

Date / Event Date Event Price
Jun 12, 2025 Sold
Premium
Sold
Apr 30, 2025 In contract -
In contract
Apr 24, 2025 Listed $749,900
Listed
Jun 15, 1979 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1947
  • 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: 16
  • 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: 900
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,569
  • Total Building Area: 1,470
  • Gross Building Area: 3,320
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000105
  • 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: S15

Geography

  • Account Number: 740000000
  • Parcel: READ M:021.0-0000-0176.0
  • Municipality: READING
  • Latitude: 42.5241
  • Longitude: -71.1078

    Address

  • Full Address: 14 Bancroft Ave
  • Address - House Number: 14
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 2509
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $768,800

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 759,064
  • High Value: 883,947
  • Low Value: 634,180

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $656,000
  • Assessed Land Value: $399,000
  • Assessed Improvements Value: $257,000

    Sales

  • Current Sale Recording Date: Jun 15, 1979
  • Current Sale Price:
    Premium
  • Current 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

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: 2 years ago
Data Source: MLS PIN, MLS# 73364206

Frequently Asked Questions

When was property at 14 Bancroft Avenue built and last sold?
The property at 14 Bancroft Avenue was built in 1900 and last sold on Jan 1, 1970 for $46,000.
How much is this home worth?
The estimated value of the home located at 14 Bancroft Avenue is $0.
What are some comparable homes to 14 Bancroft Avenue?
There are currently no comparable homes to 14 Bancroft Avenue.
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