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Reading 01867
18 Kingston Street
$587,500
● House - Off Market

18 Kingston Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,876 Ft²
$943,060
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Located in the library district, this charming Colonial is situated on a quiet side street. The first floor offers an open concept lay out with a spacious living room/dining room combination and a half bath. The  kitchen has a six burner Therrmador stove, double oven and Maple cabinets. Four bedrooms on the second floor offer plenty of room, a full bath and the  finished third floor currently used as a play room with ample storage. The Roof, electrical, kitchen, bath and windows were  updated 8 years ago.  Some of the other features include a front porch, deck, hardwood floors, french doors and more. Located within walking distance to the public transportation, library, shops and restaurants with easy access to all highways.
Unit Size
1,876 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$293
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1915

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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 #71955959)

Price History

Date / Event Date Event Price
Mar 31, 2016 Sold
Premium
Sold
Feb 4, 2016 Listed by Boardwalk Real Estate $549,900
Listed by Boardwalk Real Estate
May 31, 2012 Sold
Premium
Sold
Apr 19, 2012 Listed by Boardwalk Real Estate $479,900
Listed by Boardwalk Real Estate
Dec 2, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 868
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,233
  • Total Building Area: 2,310
  • Gross Building Area: 4,080
  • Building Area: 2,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,310
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 750000000
  • Parcel: READ M:021.0-0000-0200.0
  • Municipality: READING
  • Latitude: 42.5261
  • Longitude: -71.1069

    Address

  • Full Address: 18 Kingston St
  • Address - House Number: 18
  • Address - Street Name: Kingston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 2526
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $985,200

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 943,302
  • High Value: 1,108,713
  • Low Value: 777,891

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $840,600
  • Assessed Land Value: $427,200
  • Assessed Improvements Value: $413,400

    Sales

  • Current Sale Recording Date: Mar 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48998
  • Previous Sale Recording Date: May 31, 2012
  • Previous Sale Amount: $488,000
  • Previous Sale Document Type: O
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

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2069 ft²

Average Home Age

60.3 years

Currently For Sale

41 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

$4,525 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
200 Quannapowitt Parkway #C1B, 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# 71955959

Frequently Asked Questions

When was property at 18 Kingston Street built and last sold?
The property at 18 Kingston Street was built in 1915 and last sold on Jan 1, 1970 for $587,500.
How much is this home worth?
The estimated value of the home located at 18 Kingston Street is $569,500.
What are some comparable homes to 18 Kingston Street?
There are currently no comparable homes to 18 Kingston Street.
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