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Reading 01867
251 Ash Street
$392,500
● House - Off Market

251 Ash Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
99,999 Ft²
$869,874
RealtyHop Estimate
117.52%
Since Feb 1, 2003
MA-Boston
Primary Model

About This Property

NO WORK NEEDED HERE. JUST MOVE INTO THIS PRISTINE HOME LOADED W/CHARM & CHARACTER. PRETTY LIVING RM, CAPTAIN STAIR CASE LOTS OF BUILT-IN'S, FAMILYRM/DINING RM COMB W/BEE HIVE OVEN. WALK IN ATTIC IDEAL FOR EXPANSION. BEAUTIFUL LOT
Unit Size
99,999 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$4
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1832

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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 #30661700)

Price History

Date / Event Date Event Price
Dec 31, 2002 Sold
Premium
Sold
Oct 24, 2002 Listed by Boardwalk Real Estate $399,900
Listed by Boardwalk Real Estate
Jun 28, 1999 Sold
Premium
Sold
Mar 15, 1999 Listed by Boardwalk Real Estate $269,500
Listed by Boardwalk Real Estate
May 16, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1832
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 7
  • Basement Area: 1,229
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,671
  • Total Building Area: 1,701
  • Gross Building Area: 3,495
  • Building Area: 1,701
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,701
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000337
  • 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: S15

Geography

  • Account Number: 270000000
  • Parcel: READ M:012.0-0000-0050.0
  • Municipality: READING
  • Latitude: 42.5168
  • Longitude: -71.1009

    Address

  • Full Address: 251 Ash St
  • Address - House Number: 251
  • Address - Street Name: Ash
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C020
  • 4-Digit Zip Code: 3627
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $859,000

    Appraisal Valuation

  • Standard Deviation: 0.2175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 762,824
  • High Value: 928,798
  • Low Value: 596,850

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $732,900
  • Assessed Land Value: $414,500
  • Assessed Improvements Value: $318,400

    Sales

  • Current Sale Recording Date: Dec 31, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1837
  • Previous Sale Recording Date: Jun 28, 1999
  • Previous Sale Amount: $266,500
  • 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:

$857,450

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2129 ft²

Average Home Age

56.3 years

Currently For Sale

40 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

$4,180 /mo

  • 2 Beds
  • 2 Baths
  • 1,155 ft²
200 Quannapowitt Parkway #B9J, 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# 30661700

Frequently Asked Questions

When was property at 251 Ash Street built and last sold?
The property at 251 Ash Street was built in 1832 and last sold on Jan 1, 1970 for $392,500.
How much is this home worth?
The estimated value of the home located at 251 Ash Street is $3,275,522.
What are some comparable homes to 251 Ash Street?
There are currently no comparable homes to 251 Ash Street.
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