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Reading 01867
16 Track Road
$439,000
● House - Off Market

16 Track Road

Reading, MA 01867
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$883,214
RealtyHop Estimate
101.19%
Since Apr 1, 2013
MA-Boston
Primary Model

About This Property

Built in 2010, this home features an eat-in-kitchen with granite counters recessed lighting and SS appliances. Gleaming hardwood flooring adorn the living room, dining room, kitchen and hallways. There is a newly installed finished basement with a full bath and tiled flooring. Master Bedroom has dramatic catheral ceiling and walk-in closet. Master Bath has a  granite double sink vanity and a tiled shower. Laundry connection is on second level. Back yard is level and has many possibilities.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$220
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
2010

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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 #71482454)

Price History

Date / Event Date Event Price
Mar 29, 2013 Sold
Premium
Sold
Feb 14, 2013 Listed by Keller Williams Realty Evolution $439,000
Listed by Keller Williams Realty Evolution
Jul 30, 2010 Sold
Premium
Sold
Feb 5, 2010 Listed by Keller Williams Realty Evolution $439,900
Listed by Keller Williams Realty Evolution
Nov 13, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,591
  • Total Building Area: 2,008
  • Gross Building Area: 2,416
  • Building Area: 2,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000105
  • 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: 790000000
  • Parcel: READ M:023.0-0000-0026.0
  • Municipality: READING
  • Latitude: 42.5244
  • Longitude: -71.0858

    Address

  • Full Address: 16 Track Rd
  • Address - House Number: 16
  • Address - Street Name: Track
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 2722
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $880,500

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 846,664
  • High Value: 978,441
  • Low Value: 714,887

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $751,300
  • Assessed Land Value: $341,500
  • Assessed Improvements Value: $409,800

    Sales

  • Current Sale Recording Date: Mar 29, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Jul 30, 2010
  • Previous Sale Amount: $435,000
  • 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:

$849,900

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2173 ft²

Average Home Age

54 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

$4,425 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1P, 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# 71482454

Frequently Asked Questions

When was property at 16 Track Road built and last sold?
The property at 16 Track Road was built in 2010 and last sold on Jan 1, 1970 for $439,000.
How much is this home worth?
The estimated value of the home located at 16 Track Road is $475,883.
What are some comparable homes to 16 Track Road?
There are currently no comparable homes to 16 Track Road.
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