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Reading 01867
14 Gardner Road
$780,000
● House - Off Market

14 Gardner Road

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,878 Ft²
$658,703
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Wonderful Colonial with character and charm located right outside of downtown Reading! Spacious living room with hardwood floors and a fireplace connects to a lovely sun room or study through French doors. Fantastically classic and classy dining room with built in storage and a chandelier. Head right into your kitchen or through the breezeway past a full bathroom and into an enormous family room or 1st floor Master Bedroom with skylight and lots of windows for incredible natural light. Upstairs are three bedrooms, all with hardwood floors and another full bathroom. Flat, fenced-in yard really rounds out this delightful property ready for it's next owner.
Unit Size
1,878 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$346
Property Type
House
Property Taxes
$613
HOA Dues
-
Year Built
1928

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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 #72966670)

Price History

Date / Event Date Event Price
May 17, 2022 Sold
Premium
Sold
Apr 14, 2022 Listed by Premier Realty Group, Inc. $650,000
Listed by Premier Realty Group, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 7
  • Basement Area: 1,190
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,656
  • Total Building Area: 1,878
  • Gross Building Area: 3,216
  • Building Area: 1,878
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,878
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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: 334400

Zoning

  • Zoning: S15

Geography

  • Account Number: 770000000
  • Parcel: READ M:022.0-0000-0138.0
  • Municipality: READING
  • Latitude: 42.5257
  • Longitude: -71.0964

    Address

  • Full Address: 14 Gardner Rd
  • Address - House Number: 14
  • Address - Street Name: Gardner
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C029
  • 4-Digit Zip Code: 2750
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $775,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 796,179
  • High Value: 935,791
  • Low Value: 656,567

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $661,800
  • Assessed Land Value: $361,900
  • Assessed Improvements Value: $299,900

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 73878
  • Previous Sale Recording Date: Dec 19, 2014
  • 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

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2135 ft²

Average Home Age

57.1 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

$3,620 /mo

  • 2 Beds
  • 2 Baths
  • 1,057 ft²
200 Quannapowitt Parkway #B16B, 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# 72966670

Frequently Asked Questions

When was property at 14 Gardner Road built and last sold?
The property at 14 Gardner Road was built in 1928 and last sold on May 17, 2022 for $780,000.
How much is this home worth?
The estimated value of the home located at 14 Gardner Road is $683,047.
What are some comparable homes to 14 Gardner Road?
There are currently no comparable homes to 14 Gardner Road.
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