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Reading 01867
22 Collins Avenue
$524,000
● House - Off Market

22 Collins Avenue

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,482 Ft²
$979,384
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Put this one on your must see list.  This well designed 4 bedroom oversized cape is located on a fabulous cul-de-sac.  This unique home features a formal living room, dining room with sliders to a 3 season porch, family room with fireplace off the kitchen and a fieldstone entrance. You will be pleasantly surprised with the 4 oversized bedrooms and office/hobby room. Newer siding, windows, and complete interior painting.
Unit Size
2,482 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$211
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1967

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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 #70557236)

Price History

Date / Event Date Event Price
May 30, 2007 Sold
Premium
Sold
Apr 11, 2007 Listed by Carlson GMAC Real Estate $524,000
Listed by Carlson GMAC Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 6
  • Basement Area: 1,318
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,258
  • Total Building Area: 3,388
  • Gross Building Area: 5,398
  • Building Area: 3,388
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,388
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000970
  • 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: 334300

Zoning

  • Zoning: S20

Geography

  • Account Number: 2230000000
  • Parcel: READ M:051.0-0000-0124.0
  • Municipality: READING
  • Latitude: 42.5547
  • Longitude: -71.1091

    Address

  • Full Address: 22 Collins Ave
  • Address - House Number: 22
  • Address - Street Name: Collins
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C018
  • 4-Digit Zip Code: 1017
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,319,900

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,219,081
  • High Value: 1,433,648
  • Low Value: 1,004,514

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,126,200
  • Assessed Land Value: $579,900
  • Assessed Improvements Value: $546,300

    Sales

  • Current Sale Recording Date: May 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01444650
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:

$866,500

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2107 ft²

Average Home Age

60.3 years

Currently For Sale

42 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

$2,825 /mo

  • 1 Bed
  • 1 Bath
  • 714 ft²
200 Quannapowitt Parkway #A1J, 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# 70557236

Frequently Asked Questions

When was property at 22 Collins Avenue built and last sold?
The property at 22 Collins Avenue was built in 1967 and last sold on Jan 1, 1970 for $524,000.
How much is this home worth?
The estimated value of the home located at 22 Collins Avenue is $559,330.
What are some comparable homes to 22 Collins Avenue?
There are currently no comparable homes to 22 Collins Avenue.
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