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Reading 01867
15 Lindsay Lane
$1,230,000
● House - Off Market

15 Lindsay Lane

Reading, MA 01867
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,274 Ft²
$1,374,327
RealtyHop Estimate
19.61%
Since Apr 1, 2021
MA-Boston
Primary Model

About This Property

Without question, one of the most well designed, STYLISH, and functional homes in one of Reading's PREMIER NEIGHBORHOODS. This 4 bed COLONIAL features DAZZLING eat in kitchen with new appliances, oversized GRANITE island, and amazing natural light. From your kitchen you could unwind either in your FIREPLACED family room or head outside to your PATIO that includes FIRE-PIT. Master bedroom features impressive vaulted ceilings and oversized bath with jacuzzi tub. All four bedrooms have En-suite baths and oversized closets. Thoughtful upkeep shows throughout the home, don't miss BRAND NEW BOUDERUS heating system! The sky is the limit with the nearly 900sqft of living space in the lower level; keep it as a MEDIA room and gym or cater this space to your specific needs perfect for today's changing times!
Unit Size
3,274 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$351
Property Type
House
Property Taxes
$1,057
HOA Dues
-
Year Built
1992

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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: 5 years ago (MLSPIN #72779872)

Price History

Date / Event Date Event Price
Mar 26, 2021 Sold
Premium
Sold
Jan 28, 2021 Listed by Premier Realty Group, Inc. $1,149,000
Listed by Premier Realty Group, Inc.
Jun 3, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 6
  • Basement Area: 1,932
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,382
  • Total Building Area: 4,240
  • Gross Building Area: 5,892
  • Building Area: 4,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000468
  • 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: S20

Geography

  • Account Number: 1570000001
  • Parcel: READ M:039.0-0000-0133.0
  • Municipality: READING
  • Latitude: 42.5441
  • Longitude: -71.1096

    Address

  • Full Address: 15 Lindsay Ln
  • Address - House Number: 15
  • Address - Street Name: Lindsay
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Reading
  • Carrier Code: C013
  • 4-Digit Zip Code: 1267
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,535,300

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,327,806
  • High Value: 1,546,260
  • Low Value: 1,109,352

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,310,000
  • Assessed Land Value: $518,800
  • Assessed Improvements Value: $791,200

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68145
  • Previous Sale Recording Date: Jun 03, 2005
  • Previous Sale Amount: $875,000
  • 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:

$857,450

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2112 ft²

Average Home Age

58.9 years

Currently For Sale

43 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: 5 years ago
Data Source: MLS PIN, MLS# 72779872

Frequently Asked Questions

When was property at 15 Lindsay Lane built and last sold?
The property at 15 Lindsay Lane was built in 1992 and last sold on Mar 26, 2021 for $1,230,000.
How much is this home worth?
The estimated value of the home located at 15 Lindsay Lane is $0.
What are some comparable homes to 15 Lindsay Lane?
There are currently no comparable homes to 15 Lindsay Lane.
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