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Reading 01867
171 Woburn Street
$436,000
● House - Off Market

171 Woburn Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,336 Ft²
$706,490
RealtyHop Estimate
68.25%
Since Jun 1, 2016
MA-Boston
Primary Model

About This Property

YOU will LOVE this GRACIOUS and CHARMING OLD STYLE NEW ENGLAND COLONIAL  in MOVE-IN CONDITION offering WONDERFUL OPPORTUNITY to LIVE in READING.  BEAUTIFULLY MAINTAINED and UPDATED, for STYLE and EASE.  FIREPLACED LIVING ROOM, FORMAL DINING ROOM, DEN and UPDATED KITCHEN on FIRST FLOOR, GORGEOUS HARDWOOD FLOORS THROUGHOUT.  THREE BEDROOMS (smallest is unheated)  ALL of THIS JUST steps to PARKER MIDDLE SCHOOL,  READING CENTER, & COMMUTER RAIL & BUS STOP.
Unit Size
1,336 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$314
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1931

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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 months ago (MLSPIN #71978571)

Price History

Date / Event Date Event Price
Jun 1, 2016 Sold
Premium
Sold
Mar 29, 2016 Listed by LAER Realty Partners $419,900
Listed by LAER Realty Partners
Sep 30, 2008 Sold
Premium
Sold
Jul 17, 2008 Listed by LAER Realty Partners $349,900
Listed by LAER Realty Partners
Jul 20, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Basement Area: 766
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,393
  • Total Building Area: 1,336
  • Gross Building Area: 2,138
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • 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: 334200

Zoning

  • Zoning: S15

Geography

  • Account Number: 510000000
  • Parcel: READ M:016.0-0000-0204.0
  • Municipality: READING
  • Latitude: 42.5214
  • Longitude: -71.1124

    Address

  • Full Address: 171 Woburn St
  • Address - House Number: 171
  • Address - Street Name: Woburn
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 3506
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $711,900

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 698,380
  • High Value: 820,974
  • Low Value: 575,786

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $607,400
  • Assessed Land Value: $385,400
  • Assessed Improvements Value: $222,000

    Sales

  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86818
  • Previous Sale Recording Date: Sep 30, 2008
  • Previous Sale Amount: $342,900
  • 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:

$869,900

Sale Price/ft²

$458

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2110 ft²

Average Home Age

56.2 years

Currently For Sale

38 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

$3,480 /mo

  • 2 Beds
  • 2 Baths
  • 1,085 ft²
200 Quannapowitt Parkway #B3B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71978571

Frequently Asked Questions

When was property at 171 Woburn Street built and last sold?
The property at 171 Woburn Street was built in 1931 and last sold on Jan 1, 1970 for $436,000.
How much is this home worth?
The estimated value of the home located at 171 Woburn Street is $435,775.
What are some comparable homes to 171 Woburn Street?
There are currently no comparable homes to 171 Woburn Street.
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