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Reading 01867
195 Main St
Photo of 195 Main St

1

Map

$269,900
● House - Off Market

195 Main St

Reading, MA 01867
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,066 Ft²
$1,643
Est. Monthly

About This Property

Meticulously cared for and beautifully updated colonial. The open floor plan features a large front to back master bedroom and living room, large sunny eat in kitchen, office, hardwood floors throughout, new bath, large closets, and scenic patio overlooking conservation. Convenient to Boston, major routes, local shopping & theater, excellent schools, Stone Zoo, Middlesex Fells & plenty of indoor/outdoor recreation.
Unit Size
1,066 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$253
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1890

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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 #71192712)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
May 27, 2020 Listed by RE/MAX Heritage, LLC $429,000
Listed by RE/MAX Heritage, LLC
Oct 28, 2016 Sold
Premium
Sold
Sep 8, 2016 Listed by RE/MAX Heritage, LLC $349,900
Listed by RE/MAX Heritage, LLC
Apr 10, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 448
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,571
  • Total Building Area: 1,066
  • Gross Building Area: 1,626
  • Building Area: 1,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,066
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • 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: 334400

Zoning

  • Zoning: S15

Geography

  • Account Number: 200000000
  • Parcel: READ M:007.0-0000-0265.0
  • Municipality: READING
  • Latitude: 42.5113
  • Longitude: -71.1037

    Address

  • Full Address: 195 Main St
  • Address - House Number: 195
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C014
  • 4-Digit Zip Code: 3601
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $626,000

    Appraisal Valuation

  • Standard Deviation: 0.2422
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 602,919
  • High Value: 748,975
  • Low Value: 456,862

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,100
  • Assessed Land Value: $344,100
  • Assessed Improvements Value: $190,000

    Sales

  • Current Sale Contract Date: Jul 09, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 128166
  • Previous Sale Recording Date: Oct 28, 2016
  • Previous Sale Amount: $346,500
  • 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:

$849,900

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2173 ft²

Average Home Age

54 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,605 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1aB, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 71192712

Frequently Asked Questions

When was property at 195 Main Street built and last sold?
The property at 195 Main Street was built in 1890 and last sold on Jul 9, 2020 for $444,000.
How much is this home worth?
The estimated value of the home located at 195 Main Street is $435,877.
What are some comparable homes to 195 Main Street?
There are currently no comparable homes to 195 Main Street.
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