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Reading 01867
25 Forest St
Photo of 25 Forest St
Sold on Aug 19, 2011

1

Map

$428,000
● House - Off Market

25 Forest St

Reading, MA 01867
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,740 Ft²
$910,330
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Your search is over, this well maintained home sits on an oversized corner lot well off the street, with large private backyard and in ground pool. The screened front porch is a great place to sit back relax and watch the world go by. The interior of the home has an open concept with an arts and craft flare and mission style details. Gleaming hardwood floors and entertainers size kitchen. Three good size bedrooms upstairs as well as a fourth bedroom or home office on the first floor WELCOME HOME
Unit Size
1,740 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$252
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1880

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71245337)

Price History

Date / Event Date Event Price
Aug 13, 2020 Sold
Premium
Sold
Jun 24, 2020 Listed by Classified Realty Group $639,999
Listed by Classified Realty Group
Aug 19, 2011 Sold
Premium
Sold
Jun 8, 2011 Listed by Classified Realty Group $439,000
Listed by Classified Realty Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 1,038
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 24,664
  • Total Building Area: 1,740
  • Gross Building Area: 3,218
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000566
  • 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: 1580000000
  • Parcel: READ M:039.0-0000-0156.0
  • Municipality: READING
  • Latitude: 42.5413
  • Longitude: -71.1057

    Address

  • Full Address: 25 Forest St
  • Address - House Number: 25
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C013
  • 4-Digit Zip Code: 1217
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $958,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 879,715
  • High Value: 1,070,742
  • Low Value: 688,688

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $817,700
  • Assessed Land Value: $516,100
  • Assessed Improvements Value: $301,600

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136939
  • Previous Sale Recording Date: Aug 19, 2011
  • Previous Sale Amount: $428,000
  • Previous Sale Document Type: 27
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

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2197 ft²

Average Home Age

55.6 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

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 741 ft²
200 Quannapowitt Parkway #A1, 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# 71245337

Frequently Asked Questions

When was property at 25 Forest Street built and last sold?
The property at 25 Forest Street was built in 1880 and last sold on Aug 12, 2020 for $731,025.
How much is this home worth?
The estimated value of the home located at 25 Forest Street is $648,651.
What are some comparable homes to 25 Forest Street?
There are currently no comparable homes to 25 Forest Street.
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