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Reading 01867
22 Robin Road
$490,000
● House - Off Market

22 Robin Road

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,528 Ft²
$919,890
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Located in the West Side, this Multi-Level home is situated on a cul de sac and presents an open concept floor plan; fireplace living room; dining room that leads to a 3 season porch; 3 bedrooms including the master bedroom with attached bath plus the main bath on one level. Family room with fire place, laundry and half bath on the lower level.  Roof 2009, Heating System 2009: HW tank 2009.   Convenient location to schools, public transportation and highway.
Unit Size
1,528 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$314
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1960

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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 #71532536)

Price History

Date / Event Date Event Price
Jul 22, 2013 Sold
Premium
Sold
Jun 22, 2013 Sold
Premium
Sold
May 29, 2013 Listed by Boardwalk Real Estate $479,900
Listed by Boardwalk Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,128
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,296
  • Total Building Area: 1,528
  • Gross Building Area: 2,580
  • Building Area: 1,528
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,528
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000489
  • 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: S15

Geography

  • Account Number: 260000000
  • Parcel: READ M:011.0-0000-0055.0
  • Municipality: READING
  • Latitude: 42.5138
  • Longitude: -71.1077

    Address

  • Full Address: 22 Robin Rd
  • Address - House Number: 22
  • Address - Street Name: Robin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C011
  • 4-Digit Zip Code: 3810
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $898,000

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 852,359
  • High Value: 1,001,822
  • Low Value: 702,895

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $766,200
  • Assessed Land Value: $478,700
  • Assessed Improvements Value: $287,500

    Sales

  • Current Sale Recording Date: Jul 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000015
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:

$874,950

Sale Price/ft²

$458

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2140 ft²

Average Home Age

55.1 years

Currently For Sale

36 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# 71532536

Frequently Asked Questions

When was property at 22 Robin Road built and last sold?
The property at 22 Robin Road was built in 1960 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 22 Robin Road is $499,173.
What are some comparable homes to 22 Robin Road?
There are currently no comparable homes to 22 Robin Road.
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