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Reading 01867
25 Maple Ridge Road
Photo of 25 Maple Ridge Road
Sold on Jul 29, 2005

1

Map

$499,900
● House - Off Market

25 Maple Ridge Road

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,054 Ft²
$880,954
RealtyHop Estimate
76.23%
Since Aug 1, 2005
MA-Boston
Primary Model

About This Property

Lovely raised ranch in very desirable westside neighborhood.  Has in-law potential with two ground level entrances. Beautiful curb appeal, meticulously maintained yard with shrubs and perennials. Two picture windows enhance living and family rooms each of which also feature a fireplace.  You could own this home in time to enjoy outdoor living on the screened porch.
Unit Size
2,054 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$243
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1964

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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 #70148300)

Price History

Date / Event Date Event Price
Jul 29, 2005 Sold
Premium
Sold
Feb 21, 2005 Listed $499,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,170
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,123
  • Total Building Area: 2,048
  • Gross Building Area: 2,484
  • Building Area: 2,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,048
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 160000000
  • Parcel: READ M:007.0-0000-0136.0
  • Municipality: READING
  • Latitude: 42.5094
  • Longitude: -71.1119

    Address

  • Full Address: 25 Maple Ridge Rd
  • Address - House Number: 25
  • Address - Street Name: Maple Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C011
  • 4-Digit Zip Code: 3846
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,015,400

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 900,351
  • High Value: 1,058,230
  • Low Value: 742,472

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $866,400
  • Assessed Land Value: $543,200
  • Assessed Improvements Value: $323,200

    Sales

  • Current Sale Recording Date: Dec 11, 2007
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01460622
  • Previous Sale Recording Date: Jul 29, 2005
  • Previous Sale Amount: $499,900
  • Previous Sale Document Type: 48
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

$2,770 /mo

  • 1 Bed
  • 1 Bath
  • 743 ft²
200 Quannapowitt Parkway #A1-G2, 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# 70148300

Frequently Asked Questions

When was property at 25 Maple Ridge Road built and last sold?
The property at 25 Maple Ridge Road was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 25 Maple Ridge Road is $526,344.
What are some comparable homes to 25 Maple Ridge Road?
There are currently no comparable homes to 25 Maple Ridge Road.
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