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Reading 01867
17 Springvale Road
$751,000
● House - Off Market

17 Springvale Road

Reading, MA 01867
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,980 Ft²
$1,214,290
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model

About This Property

Spacious center entrance 4 bedroom, 3.5 bath Colonial built in 2000 and located in a desirable west side neighborhood. Fire placed living room, formal dining room, eat in kitchen with french doors leading to a three season porch that overlooks the large private back yard. Second floor offers a master bedroom with a walk in closet and bathroom, two additional bedrooms also with large closets and a full bath. Third floor suite with a bedroom, closet, bathroom plus a large unfinished room for additional storage and a  family room in the lower level.  A wide staircase, spacious second floor hallway, hardwood floors, central air, a two car attached garage and more. Walking distance to the elementary and middle school, commuter rail and Reading center.  See attached amenity sheet.
Unit Size
1,980 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$353
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
2000

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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 #71837521)

Price History

Date / Event Date Event Price
Jul 21, 2015 Sold
Premium
Sold
May 15, 2015 Listed by Boardwalk Real Estate $699,900
Listed by Boardwalk Real Estate
Jan 15, 2002 Sold
Premium
Sold
Oct 22, 2001 Listed by Boardwalk Real Estate $499,900
Listed by Boardwalk Real Estate
Jun 21, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,402
  • Total Building Area: 2,728
  • Gross Building Area: 5,202
  • Building Area: 2,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTCROFT PARK
  • Land Acres: 0000000606
  • 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

  • Parcel: READ M:010.0-0000-0295.0
  • Municipality: READING
  • Latitude: 42.5179
  • Longitude: -71.1225

    Address

  • Full Address: 17 Springvale Rd
  • Address - House Number: 17
  • Address - Street Name: Springvale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C026
  • 4-Digit Zip Code: 3364
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,370,000

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,287,093
  • High Value: 1,489,789
  • Low Value: 1,084,396

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,168,900
  • Assessed Land Value: $522,400
  • Assessed Improvements Value: $646,500

    Sales

  • Current Sale Recording Date: Jul 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118061
  • Previous Sale Recording Date: Jan 15, 2002
  • Previous Sale Amount: $515,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71837521

Frequently Asked Questions

When was property at 17 Springvale Road built and last sold?
The property at 17 Springvale Road was built in 2000 and last sold on Jan 1, 1970 for $751,000.
How much is this home worth?
The estimated value of the home located at 17 Springvale Road is $709,861.
What are some comparable homes to 17 Springvale Road?
There are currently no comparable homes to 17 Springvale Road.
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