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Reading 01867
189 South Street
Photo of 189 South Street
Sold on Jul 25, 2011

1

Map

$525,000
● House - Off Market

189 South Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,428 Ft²
$1,100,914
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

A Lot Of Livability In This Beautiful Spacious Family Home!  Cook up great meals for your family in this updated kitchen.  Hardwood floors.  A list of amenities include updated baths, bonus room in the basement with heat and air conditioning.  Enjoy fun in the sun in this large backyard with above ground pool.  All this in move-in condition.
Unit Size
2,428 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$220
Property Type
House
Property Taxes
$532
HOA Dues
-
Year Built
1978

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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: 3 months ago (MLSPIN #71194125)

Price History

Date / Event Date Event Price
Jul 26, 2011 Sold
Premium
Sold
Mar 2, 2011 Listed by Century 21 North Shore $535,000
Listed by Century 21 North Shore

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 1,176
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,807
  • Total Building Area: 2,629
  • Gross Building Area: 5,195
  • Building Area: 2,629
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,629
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000569
  • 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: S20

Geography

  • Account Number: 20000000
  • Parcel: READ M:003.0-0000-0014.0
  • Municipality: READING
  • Latitude: 42.5049
  • Longitude: -71.1156

    Address

  • Full Address: 189 South St
  • Address - House Number: 189
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C017
  • 4-Digit Zip Code: 3934
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,076,400

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,022,324
  • High Value: 1,202,260
  • Low Value: 842,387

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $918,400
  • Assessed Land Value: $465,000
  • Assessed Improvements Value: $453,400

    Sales

  • Current Sale Recording Date: Jul 26, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000157
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:

$879,000

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2178 ft²

Average Home Age

56.3 years

Currently For Sale

28 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 71194125

Frequently Asked Questions

When was property at 189 South Street built and last sold?
The property at 189 South Street was built in 1978 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 189 South Street is $566,493.
What are some comparable homes to 189 South Street?
There are currently no comparable homes to 189 South Street.
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