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Reading 01867
198 Haverhill Street
$530,000
● House - Off Market

198 Haverhill Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,291 Ft²
$613,214
RealtyHop Estimate
17.97%
Since May 1, 2021
MA-Boston
Primary Model

About This Property

Don't miss out on your chance to build fast equity purchasing this 3+ bedroom home located in an area of higher-priced properties.   This home comes equipped with a newly installed sewer line and now it is just waiting for that new owner who has the vision to bring this property into today's updated standards.  Located in an area with easy access to major highways, public transportation, close to schools and most conveniences makes this property a great buy in today's marketplace. This property will be shown by appointment only at our two open houses scheduled Saturday, March 20th, from 2-5 PM and Sunday, March 21st from  2-5PM.  Covid protocol will be adhered too.
Unit Size
1,291 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$403
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
1954

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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: 5 years ago (MLSPIN #72800033)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Mar 17, 2021 Listed by Vadala Real Estate $519,800
Listed by Vadala Real Estate

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,010
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,499
  • Total Building Area: 1,291
  • Gross Building Area: 2,152
  • Building Area: 1,291
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,291
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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: S20

Geography

  • Account Number: 1460000000
  • Parcel: READ M:035.0-0000-0069.0
  • Municipality: READING
  • Latitude: 42.5348
  • Longitude: -71.0855

    Address

  • Full Address: 198 Haverhill St
  • Address - House Number: 198
  • Address - Street Name: Haverhill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 1957
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $729,300

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 641,729
  • High Value: 760,906
  • Low Value: 522,551

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,300
  • Assessed Land Value: $396,200
  • Assessed Improvements Value: $226,100

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97201
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:

$879,900

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2220 ft²

Average Home Age

51.8 years

Currently For Sale

22 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

$3,620 /mo

  • 2 Beds
  • 2 Baths
  • 1,057 ft²
200 Quannapowitt Parkway #B16B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72800033

Frequently Asked Questions

When was property at 198 Haverhill Street built and last sold?
The property at 198 Haverhill Street was built in 1954 and last sold on Apr 29, 2021 for $530,000.
How much is this home worth?
The estimated value of the home located at 198 Haverhill Street is $534,561.
What are some comparable homes to 198 Haverhill Street?
There are currently no comparable homes to 198 Haverhill Street.
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