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Reading 01867
25 Temple Street
$481,600
● House - Off Market

25 Temple Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,525 Ft²
$715,244
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Great bones + Great location = Great investment. So many possibilities for this CHARMING COLONIAL  set on 15,480 sf lot that abuts Parker Middle School and Conservation Land.  Bring your imagination! Outstanding features include: HARDWOOD floors, WALK TO TOWN and COMMUTER RAIL , 4 BEDROOMS all on a pretty side street with updated homes. Home has been in this family for 165 years and the original owner built Temple Street.
Unit Size
1,525 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$328
Property Type
House
Property Taxes
$616
HOA Dues
-
Year Built
1866

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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 #72476998)

Price History

Date / Event Date Event Price
Sep 18, 2019 Sold
Premium
Sold
Apr 4, 2019 Listed by Classified Realty Group $499,900
Listed by Classified Realty Group

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1866
  • Effective Year Built: 1975
  • 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: 16
  • 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: 833
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,481
  • Total Building Area: 1,525
  • Gross Building Area: 2,916
  • Building Area: 1,525
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,525
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000355
  • 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: 334200

Zoning

  • Zoning: S15

Geography

  • Account Number: 610000000
  • Parcel: READ M:016.0-0000-0335.0
  • Municipality: READING
  • Latitude: 42.5224
  • Longitude: -71.1135

    Address

  • Full Address: 25 Temple St
  • Address - House Number: 25
  • Address - Street Name: Temple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 2831
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $872,300

    Appraisal Valuation

  • Standard Deviation: 0.2288
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 693,751
  • High Value: 852,514
  • Low Value: 534,988

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $744,300
  • Assessed Land Value: $459,100
  • Assessed Improvements Value: $285,200

    Sales

  • Current Sale Contract Date: Sep 13, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 141910
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:

$849,900

Sale Price/ft²

$457

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

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, 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# 72476998

Frequently Asked Questions

When was property at 25 Temple Street built and last sold?
The property at 25 Temple Street was built in 1866 and last sold on Sep 13, 2019 for $481,600.
How much is this home worth?
The estimated value of the home located at 25 Temple Street is $512,656.
What are some comparable homes to 25 Temple Street?
There are currently no comparable homes to 25 Temple Street.
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