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Reading 01867
15 Robin Rd
$775,000
● House - Off Market

15 Robin Rd

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,787 Ft²
$750,747
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Spacious 3 bed, 2 bath split level/raised ranch in a Reading cul-de-sac with hardwood floors in the open concept fireplaced living room flowing into a modern kitchen with stainless steel appliances, granite countertops and island, french doors leading to family room with vaulted ceiling currently used as a guest bedroom/office. Primary bedroom with full private bathroom, 2 additional bedrooms, and a second full bathroom complete this level. Finished fireplaced room on the lower level. Two car garage, large back yard, this home has it all, don't miss out! Showings begin at open house Saturday 2:00-3:30 and Sunday 12:00-1:30. Offer Deadline Monday 5:00pm
Unit Size
1,787 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$408
Property Type
House
Property Taxes
$714
HOA Dues
-
Year Built
1961

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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 #72983278)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Redfin Corp. $729,900
Listed by Redfin Corp.
Aug 29, 2014 Sold
Premium
Sold
Jun 20, 2014 Listed by Redfin Corp. $525,000
Listed by Redfin Corp.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,787
  • Gross Building Area: 2,668
  • Building Area: 1,787
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,787
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 334100

Zoning

  • Zoning: S15

Geography

  • Account Number: 260000000
  • Parcel: READ M:011.0-0000-0053.0
  • Municipality: READING
  • Latitude: 42.5134
  • Longitude: -71.108

    Address

  • Full Address: 15 Robin Rd
  • Address - House Number: 15
  • Address - Street Name: Robin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C011
  • 4-Digit Zip Code: 3811
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $849,900

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 852,433
  • High Value: 1,001,910
  • Low Value: 702,957

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $725,200
  • Assessed Land Value: $463,000
  • Assessed Improvements Value: $262,200

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104086
  • Previous Sale Recording Date: Aug 29, 2014
  • Previous Sale Amount: $513,500
  • Previous Sale Document Type: O

    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:

$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

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 843 ft²
200 Quannapowitt Parkway #A5aP, 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# 72983278

Frequently Asked Questions

When was property at 15 Robin Road built and last sold?
The property at 15 Robin Road was built in 1961 and last sold on Jul 8, 2022 for $775,000.
How much is this home worth?
The estimated value of the home located at 15 Robin Road is $745,018.
What are some comparable homes to 15 Robin Road?
There are currently no comparable homes to 15 Robin Road.
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