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Reading 01867
26 Torre St
$985,000
● House - Off Market

26 Torre St

Reading, MA 01867
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,688 Ft²
$1,289,211
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

NEW CONSTRUCTION Colonial with 5 Bedrooms and 3.5 Bathrooms. A fabulous Kitchen that contains Quartzite Countertops and stainless steel appliances. Hardwood floors throughout the kitchen, dining room and second floor Bedrooms. Carpet in the Family Room above the garage and third floor bedrooms. A spacious Master bedroom and luxurious bath with a walk-in closet, tiled double shower, and double vanity. Two additional second floor Bedrooms with a bathroom and two 3rd floor bedrooms. Professionally landscaped front and back yard with an exterior front porch and large backyard wood deck. Moments from the beautiful Lake Quannapowitt and downtown Reading filled with restaurants, shops, and other amenities! Call listing agent today to visit this beautiful home!
Unit Size
3,688 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$271
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #72686995)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Jul 8, 2020 Listed by Lillian Montalto Signature Properties $999,999
Listed by Lillian Montalto Signature Properties
May 9, 2019 Sold
Premium
Sold
Dec 12, 2018 Listed by Lillian Montalto Signature Properties $359,000
Listed by Lillian Montalto Signature Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,320
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 18,400
  • Total Building Area: 4,434
  • Gross Building Area: 6,768
  • Building Area: 4,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,434
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000422
  • 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: 790000000
  • Parcel: READ M:023.0-0000-0015.0
  • Municipality: READING
  • Latitude: 42.5249
  • Longitude: -71.0864

    Address

  • Full Address: 26 Torre St
  • Address - House Number: 26
  • Address - Street Name: Torre
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 2720
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,317,100

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,349,491
  • High Value: 1,571,513
  • Low Value: 1,127,470

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,123,800
  • Assessed Land Value: $380,000
  • Assessed Improvements Value: $743,800

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 177411
  • Previous Sale Recording Date: May 09, 2019
  • Previous Sale Contract Date: May 09, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: O
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

2107 ft²

Average Home Age

60.3 years

Currently For Sale

42 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

$4,125 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1P, 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# 72686995

Frequently Asked Questions

When was property at 26 Torre Street built and last sold?
The property at 26 Torre Street was built in 2020 and last sold on Sep 29, 2020 for $985,000.
How much is this home worth?
The estimated value of the home located at 26 Torre Street is $1,018,898.
What are some comparable homes to 26 Torre Street?
There are currently no comparable homes to 26 Torre Street.
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