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Reading 01867
25 Larch Lane
Photo of 25 Larch Lane
Sold on Dec 1, 2009

1

Map

$333,200
● House - Off Market

25 Larch Lane

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,050 Ft²
$669,342
RealtyHop Estimate
109.23%
Since Jan 1, 2010
MA-Boston
Primary Model

About This Property

Great Opportunity to live in Reading.  Nice 3 bedroom, 2 Bath Ranch in quiet location.  Wonderful lot and yard.  Features include Central Air, Hardwood Floors, Garage, Eat in Kitchen,  Finished lower level with full bath and 3 Season porch. Freshly painted Master Bedroom. Priced below assesed value, will not last.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$305
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #70990157)

Price History

Date / Event Date Event Price
Dec 1, 2009 Sold
Premium
Sold
Oct 16, 2009 Listed $319,900
Listed
Jun 30, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,050
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,214
  • Total Building Area: 1,785
  • Gross Building Area: 2,486
  • Building Area: 1,785
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,785
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000326
  • 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: 1340000001
  • Parcel: READ M:038.0-0000-0037.0
  • Municipality: READING
  • Latitude: 42.5413
  • Longitude: -71.1234

    Address

  • Full Address: 25 Larch Ln
  • Address - House Number: 25
  • Address - Street Name: Larch
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Reading
  • Carrier Code: C031
  • 4-Digit Zip Code: 1425
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $796,400

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 738,900
  • High Value: 860,466
  • Low Value: 617,334

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $679,500
  • Assessed Land Value: $454,300
  • Assessed Improvements Value: $225,200

    Sales

  • Current Sale Recording Date: Dec 01, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00231573
  • Previous Sale Recording Date: Jun 30, 1998
  • Previous Sale Amount: $227,500
  • 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:

$866,500

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2069 ft²

Average Home Age

60.3 years

Currently For Sale

41 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: 5 months ago
Data Source: MLS PIN, MLS# 70990157

Frequently Asked Questions

When was property at 25 Larch Lane built and last sold?
The property at 25 Larch Lane was built in 1963 and last sold on Jan 1, 1970 for $333,200.
How much is this home worth?
The estimated value of the home located at 25 Larch Lane is $334,583.
What are some comparable homes to 25 Larch Lane?
There are currently no comparable homes to 25 Larch Lane.
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