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Reading 01867
230 Grove St
$430,000
● House - Off Market

230 Grove St

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,439 Ft²
$801,331
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Welcome to Reading! An architectural gem ideally situated on a large (30,000 sf+) wooded lot abutting conservation land. Beautifully kept, warm & welcoming, this home can be yours just in time for the holidays! Tastefully done in Pottery Barn hues, it is move-in ready for the new owners .BRAND NEW HEATING SYSTEM ~ Many recent updates include: the kitchen, hardwood floors, electric panel/service, remodeled half bath, the roof, new rear walkway and more! The large eat-in kitchen provides more than ample cabinet space, granite counters and the always appreciated 2nd kitchen sink for the "foodies" among you. The 1st floor office and the 2nd floor nursery provides flexibility of use.
Unit Size
1,439 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$306
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1920

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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 #71748236)

Price History

Date / Event Date Event Price
Dec 30, 2014 Sold
Premium
Sold
Sep 24, 2014 Listed by RE/MAX Leading Edge $439,900
Listed by RE/MAX Leading Edge
Oct 22, 2012 Sold
Premium
Sold
Aug 17, 2012 Listed by RE/MAX Leading Edge $369,900
Listed by RE/MAX Leading Edge
Aug 29, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,671
  • Total Building Area: 1,439
  • Gross Building Area: 2,604
  • Building Area: 1,439
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,439
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000704
  • 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: 1330000000
  • Parcel: READ M:038.0-0000-0004.0
  • Municipality: READING
  • Latitude: 42.5409
  • Longitude: -71.1254

    Address

  • Full Address: 230 Grove St
  • Address - House Number: 230
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C031
  • 4-Digit Zip Code: 1422
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $963,600

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 820,317
  • High Value: 964,162
  • Low Value: 676,472

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $822,200
  • Assessed Land Value: $537,900
  • Assessed Improvements Value: $284,300

    Sales

  • Current Sale Recording Date: Dec 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 201340
  • Previous Sale Recording Date: Oct 22, 2012
  • Previous Sale Amount: $372,000
  • 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:

$857,450

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2112 ft²

Average Home Age

58.9 years

Currently For Sale

43 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71748236

Frequently Asked Questions

When was property at 230 Grove Street built and last sold?
The property at 230 Grove Street was built in 1920 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 230 Grove Street is $455,778.
What are some comparable homes to 230 Grove Street?
There are currently no comparable homes to 230 Grove Street.
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