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Reading 01867
177 Pine Ridge Rd
$450,000
● House - Off Market

177 Pine Ridge Rd

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,763 Ft²
$852,370
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Oversized Cape with beautiful backyard oasis, steps to Struges Park & sited in idyllic neighborhood. Eat in kitchen featuring French sliders out to oversized back deck. Welcoming LR is centered around wood burning fireplace featuring large picture window w/ view of park.  LR, DR & 1st fl BD feature gleaming HWFs. Three bedrooms upstairs. Updates include KIT appliances,roof, double pane windows, heating system, central AC, freshly painted interior & vinyl exterior. Bonus Finished Basement w/ FP.
Unit Size
1,763 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$255
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71544556)

Price History

Date / Event Date Event Price
Aug 12, 2013 Sold
Premium
Sold
Jun 20, 2013 Listed by RE/MAX Leading Edge $450,000
Listed by RE/MAX Leading Edge
Jul 31, 2003 Sold
Premium
Sold
Dec 6, 1996 Sold
Premium
Sold
Sep 29, 1996 Listed by Boardwalk Real Estate $229,900
Listed by Boardwalk Real Estate
CHARMING 7+ ROOM WEST SIDE CAPE OFFERS A LARGE EAT IN KIT, FORMAL FP/LR,FORMAL DR PLUS 1ST FLR DEN (ALL W/ HW FLRS). 3 BEDROOMS ON 2ND FLR PLUS FULL BATH ON 1ST & 2ND FLR. LL HAS FP/FR. NEWER HEATING SYSTEM & HOT H2O TANK. LG SHED FOR STOR

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,233
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,983
  • Total Building Area: 2,351
  • Gross Building Area: 3,702
  • Building Area: 2,351
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,351
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 80000000
  • Parcel: READ M:003.0-0000-0052.0
  • Municipality: READING
  • Latitude: 42.5055
  • Longitude: -71.1159

    Address

  • Full Address: 177 Pine Ridge Rd
  • Address - House Number: 177
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C017
  • 4-Digit Zip Code: 3739
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $936,300

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 938,067
  • High Value: 1,102,560
  • Low Value: 773,575

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $798,900
  • Assessed Land Value: $470,200
  • Assessed Improvements Value: $328,700

    Sales

  • Current Sale Recording Date: Aug 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000165
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Amount: $394,400
  • Previous Sale Document Type: 48
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:

$857,450

Sale Price/ft²

$456

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71544556

Frequently Asked Questions

When was property at 177 Pine Ridge Road built and last sold?
The property at 177 Pine Ridge Road was built in 1955 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 177 Pine Ridge Road is $471,728.
What are some comparable homes to 177 Pine Ridge Road?
There are currently no comparable homes to 177 Pine Ridge Road.
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