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Reading 01867
22 Wescroft Road
$612,000
● House - Off Market

22 Wescroft Road

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,751 Ft²
$920,533
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

This is the move-in ready home you have been waiting for with a great location to schools, town and train. Walking distance to Barrows Elementary School. Situated on a corner lot, this oversized cape with three bedrooms features an updated kitchen with quartz countertops, beautiful hardwood floors. There are also some hidden surprises, like a large storage room off one of the upstairs bedrooms. This is not your average cape. A must see this weekend! Offers due at 5 p.m. on Tuesday, June 6.
Unit Size
1,751 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$337
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1939

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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: 4 months ago (MLSPIN #72172629)

Price History

Date / Event Date Event Price
Jul 14, 2017 Sold
Premium
Sold
May 30, 2017 Listed by www.EntryOnly.com $589,900
Listed by www.EntryOnly.com
Dec 30, 2014 Sold
Premium
Sold
Nov 21, 2014 Listed by www.EntryOnly.com $399,000
Listed by www.EntryOnly.com

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Area: 672
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,818
  • Total Building Area: 1,751
  • Gross Building Area: 2,716
  • Building Area: 1,751
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,751
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • 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: 370000000
  • Parcel: READ M:010.0-0000-0238.0
  • Municipality: READING
  • Latitude: 42.5174
  • Longitude: -71.1211

    Address

  • Full Address: 22 Wescroft Rd
  • Address - House Number: 22
  • Address - Street Name: Wescroft
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C026
  • 4-Digit Zip Code: 3365
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $860,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 858,869
  • High Value: 1,009,474
  • Low Value: 708,264

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $733,800
  • Assessed Land Value: $462,300
  • Assessed Improvements Value: $271,500

    Sales

  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 110157
  • Previous Sale Recording Date: Dec 30, 2014
  • Previous Sale Amount: $410,001
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72172629

Frequently Asked Questions

When was property at 22 Wescroft Road built and last sold?
The property at 22 Wescroft Road was built in 1939 and last sold on Jan 1, 1970 for $612,000.
How much is this home worth?
The estimated value of the home located at 22 Wescroft Road is $603,955.
What are some comparable homes to 22 Wescroft Road?
There are currently no comparable homes to 22 Wescroft Road.
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