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Reading 01867
24 Bay State Rd.
Photo of 24 Bay State Rd.
Sold on Jun 28, 2004

1

Map

$420,000
● House - Off Market

24 Bay State Rd.

Reading, MA 01867
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,056 Ft²
$811,082
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model

About This Property

Character & charm spacious nine + rms. Formal living + dining rm.,kitchen opens to family rm.& deck,first floor br. & office, four good sized br. on second, hardwood floors just refinished, almost half acre with barn. On dead end St., near highway + lake Quannapowit. Country living with all the conveniences!
Unit Size
2,056 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$209
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1900

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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 #70022336)

Price History

Date / Event Date Event Price
Jun 28, 2004 Sold
Premium
Sold
Apr 21, 2004 Listed $429,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 659
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,099
  • Total Building Area: 1,851
  • Gross Building Area: 3,403
  • Building Area: 1,851
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,851
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000461
  • 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: S20

Geography

  • Account Number: 950000000
  • Parcel: READ M:023.0-0000-0195.0
  • Municipality: READING
  • Latitude: 42.5265
  • Longitude: -71.0849

    Address

  • Full Address: 24 Bay State Rd
  • Address - House Number: 24
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C024
  • 4-Digit Zip Code: 1907
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,800

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 780,030
  • High Value: 916,810
  • Low Value: 643,249

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $713,100
  • Assessed Land Value: $384,800
  • Assessed Improvements Value: $328,300

    Sales

  • Current Sale Recording Date: Jun 28, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 166834
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:

$865,000

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2135 ft²

Average Home Age

57.1 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,115 /mo

  • 1 Bed
  • 1 Bath
  • 893 ft²
200 Quannapowitt Parkway #A6, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70022336

Frequently Asked Questions

When was property at 24 Bay State Road built and last sold?
The property at 24 Bay State Road was built in 1900 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 24 Bay State Road is $433,654.
What are some comparable homes to 24 Bay State Road?
There are currently no comparable homes to 24 Bay State Road.
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