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Reading 01867
15 Libby Avenue
$716,000
● House - Off Market

15 Libby Avenue

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,078 Ft²
$4,092
Est. Monthly

About This Property

Don't miss this RARE FIND in READING, a  MOVE-IN READY 4- BEDROOM,  2.5 BATH multi-level on an OVERSIZED LOT! Enter into the SUNROOM with plenty of space for work or play!  Your beautiful LIVING ROOM features HARDWOOD FLOORS a large BAY WINDOW and a FIREPLACE.  The RECENTLY UPDATED kitchen  opens into a LARGE EATING AREA with another BAY WINDOW.  On the SECOND LEVEL you will find 4 BEDROOMS and a RENOVATED FULL BATH.  The lower level features a FAMILY ROOM with TONS OF STORAGE, a kitchenette/bar area, another FULL BATH, a HALF BATH and a WALK OUT to the FABULOUS BACKYARD.  Additional features include a CUSTOM MUD ROOM, GAS HEAT and plenty of OFF STREET PARKING!  Experience everything READING has to offer!
Unit Size
2,078 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$332
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
1957

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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 #73176164)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Nov 15, 2023 In contract -
In contract
Nov 1, 2023 Listed by William Raveis R.E. & Home Services $689,900
Listed by William Raveis R.E. & Home Services
Mar 30, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 862
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 2,078
  • Gross Building Area: 2,802
  • Building Area: 2,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,078
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: S20

Geography

  • Account Number: 930000001
  • Parcel: READ M:023.0-0000-0171.0
  • Municipality: READING
  • Latitude: 42.5277
  • Longitude: -71.0876

    Address

  • Full Address: 15 Libby Ave
  • Address - House Number: 15
  • Address - Street Name: Libby
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C024
  • 4-Digit Zip Code: 1935
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $825,100

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 710,444
  • High Value: 765,426
  • Low Value: 655,462

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $704,000
  • Assessed Land Value: $372,600
  • Assessed Improvements Value: $331,400

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 143420
  • Previous Sale Recording Date: Mar 30, 1994
  • Previous Sale Amount: $188,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

$3,855 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1A-G2B, 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# 73176164

Frequently Asked Questions

When was property at 15 Libby Avenue built and last sold?
The property at 15 Libby Avenue was built in 1957 and last sold on Dec 15, 2023 for $716,000.
How much is this home worth?
The estimated value of the home located at 15 Libby Avenue is $712,516.
What are some comparable homes to 15 Libby Avenue?
There are currently no comparable homes to 15 Libby Avenue.
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