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Reading 01867
141 Pearl Street
Photo of 141 Pearl Street

1

Map

$288,000
● House - Off Market

141 Pearl Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$1,784
Est. Monthly

About This Property

Great opportunity to own a home in Reading. This is a well maintained Cape Cod style home w/gleaming hardwood floors, newer windows, roof and heat/hot water.  Large first floor Master Bedroom and updated bath and kitchen. Lower level ready for family fun. Bank approval needed and all offers north of $288K will be strongly considered by bank.  Showings on Sunday's between 11-1 or weekdays by appointment only.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$286
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1946

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 months ago (MLSPIN #71195005)

Price History

Date / Event Date Event Price
Sep 4, 2013 Sold
Premium
Sold
Jul 26, 2013 Listed by Rapid Results Realty, LLC $359,900
Listed by Rapid Results Realty, LLC
Mar 3, 2011 Listed by Rapid Results Realty, LLC $288,000
Listed by Rapid Results Realty, LLC
Apr 7, 2006 Sold
Premium
Sold
Feb 14, 2006 Listed by Rapid Results Realty, LLC $334,900
Listed by Rapid Results Realty, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,672
  • Total Building Area: 1,270
  • Gross Building Area: 2,256
  • Building Area: 1,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,270
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • 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: 1310000000
  • Parcel: READ M:028.0-0000-0203.0
  • Municipality: READING
  • Latitude: 42.5333
  • Longitude: -71.0995

    Address

  • Full Address: 141 Pearl St
  • Address - House Number: 141
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C015
  • 4-Digit Zip Code: 1733
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $771,500

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 707,395
  • High Value: 823,777
  • Low Value: 591,012

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $658,300
  • Assessed Land Value: $443,900
  • Assessed Improvements Value: $214,400

    Sales

  • Current Sale Recording Date: Sep 04, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000019
  • Previous Sale Recording Date: Apr 07, 2006
  • Previous Sale Amount: $340,500
  • 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

2129 ft²

Average Home Age

56.3 years

Currently For Sale

40 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

$2,825 /mo

  • 1 Bed
  • 1 Bath
  • 714 ft²
200 Quannapowitt Parkway #A1J, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 71195005

Frequently Asked Questions

When was property at 141 Pearl Street built and last sold?
The property at 141 Pearl Street was built in 1946 and last sold on Jan 1, 1970 for $359,900.
How much is this home worth?
The estimated value of the home located at 141 Pearl Street is $389,080.
What are some comparable homes to 141 Pearl Street?
There are currently no comparable homes to 141 Pearl Street.
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