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Reading 01867
212 Pearl St
$482,000
● House - Off Market

212 Pearl St

Reading, MA 01867
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,376 Ft²
$909,766
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

FEELS LIKE HOME!  Spacious Garrison Colonial on a corner lot between Pearl Street and Condor Road cul-de-sac.  Kitchen boasts GRANITE counters and STAINLESS STEEL appliances.  Festive sized dining room made for laughter & noise can easily accommodate 10+ guests! Spacious Bedrooms plus a 1st level bedroom ideal for a guest bedroom or au-pair! GAS HEAT! Updates include, newer furnace, 2nd level heat / AC, kitchen, bath, and carpeting.   Great backyard for games and fun! A wonderful place to call home for the growing family!
Unit Size
2,376 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$210
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1950

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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 #71688073)

Price History

Date / Event Date Event Price
Sep 29, 2014 Sold
Premium
Sold
May 28, 2014 Listed by RE/MAX Leading Edge $499,000
Listed by RE/MAX Leading Edge
Dec 3, 2001 Sold
Premium
Sold
Aug 6, 2001 Listed by RE/MAX Leading Edge $384,900
Listed by RE/MAX Leading Edge

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 7
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,501
  • Total Building Area: 2,376
  • Gross Building Area: 3,568
  • Building Area: 2,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,376
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000333
  • 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: 1300000000
  • Parcel: READ M:034.0-0000-0008.0
  • Municipality: READING
  • Latitude: 42.5362
  • Longitude: -71.1001

    Address

  • Full Address: 212 Pearl St
  • Address - House Number: 212
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C015
  • 4-Digit Zip Code: 1735
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,039,000

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 932,201
  • High Value: 1,095,665
  • Low Value: 768,737

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $886,500
  • Assessed Land Value: $457,100
  • Assessed Improvements Value: $429,400

    Sales

  • Current Sale Recording Date: Sep 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 148065
  • Previous Sale Recording Date: Dec 03, 2001
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 27
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:

$874,900

Sale Price/ft²

$458

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2049 ft²

Average Home Age

55 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

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 843 ft²
200 Quannapowitt Parkway #A5aP, 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# 71688073

Frequently Asked Questions

When was property at 212 Pearl Street built and last sold?
The property at 212 Pearl Street was built in 1950 and last sold on Jan 1, 1970 for $482,000.
How much is this home worth?
The estimated value of the home located at 212 Pearl Street is $529,216.
What are some comparable homes to 212 Pearl Street?
There are currently no comparable homes to 212 Pearl Street.
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