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Reading 01867
16 Beech Street
Photo of 16 Beech Street
Sold on Jun 27, 2005

1

Map

$375,000
● House - Off Market

16 Beech Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,150 Ft²
$624,812
RealtyHop Estimate
76.00%
Since Jul 1, 2005
MA-Boston
Primary Model

About This Property

Sweet cozy home meticulously maintained. 3 bedrooms, 1.5 baths, lower level family room, dining room with slider to deck.  Recent improvements include: 2005 new roof, siding,windows, high power kitchen vent and newly painted interior.  Enjoy picturesque color blooms and newly planted evergreen shrub, cook out, and splash in the above ground pool to cool off in summer. All this on quiet, child-safe street, yet near Center, Park, shoppings and major routes. **Please allow 24 hr offer acceptance.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$309
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1981

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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 #70189950)

Price History

Date / Event Date Event Price
Jul 27, 2021 Sold
Premium
Sold
May 19, 2021 Listed $549,000
Listed
Jun 27, 2005 Sold
Premium
Sold
May 11, 2005 Listed $355,000
Listed
Nov 22, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 2
  • Basement Area: 500
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,599
  • Total Building Area: 1,220
  • Gross Building Area: 1,820
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • 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: 670000000
  • Parcel: READ M:017.0-0000-0253.0
  • Municipality: READING
  • Latitude: 42.5221
  • Longitude: -71.0947

    Address

  • Full Address: 16 Beech St
  • Address - House Number: 16
  • Address - Street Name: Beech
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C005
  • 4-Digit Zip Code: 2730
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $743,900

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 696,715
  • High Value: 819,017
  • Low Value: 574,413

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $634,700
  • Assessed Land Value: $380,800
  • Assessed Improvements Value: $253,900

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1888445
  • Previous Sale Recording Date: Jul 30, 1992
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: 43
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

$2,740 /mo

  • Studio
  • 1 Bath
  • 725 ft²
200 Quannapowitt Parkway #S4, 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# 70189950

Frequently Asked Questions

When was property at 16 Beech Street built and last sold?
The property at 16 Beech Street was built in 1981 and last sold on Jul 26, 2021 for $579,000.
How much is this home worth?
The estimated value of the home located at 16 Beech Street is $563,841.
What are some comparable homes to 16 Beech Street?
There are currently no comparable homes to 16 Beech Street.
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