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Reading 01867
28 Wilson Street
$475,000
● House - Off Market

28 Wilson Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$703,137
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

COMFORT & CONVENIENCE!  Welcome to 28 Wilson Road, a MOVE-IN READY RANCH IN READING! Featuring an open layout, gleaming hardwood floors and bright white kitchen with granite counters and stainless steel appliances.  The flat, fenced in yard is perfect for barbecues!  Comforting CENTRAL AIR! Convenient Storage Shed! and GAS HEAT!  This home also offers POTENTIAL FOR MORE SPACE, with the ability to finish the basement!  Located down the street from Hunt park and playground and convenient to shopping and restaurants downtown!  This home has many updates and has been very well cared for providing efficient and low-maintenance living. Ideal for those downsizing, those looking for single level living, or anyone looking for a starter home in a great location!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$471
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1958

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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: 6 months ago (MLSPIN #72327778)

Price History

Date / Event Date Event Price
Jul 6, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Leading Edge Real Estate $474,900
Listed by Leading Edge Real Estate
Apr 28, 2016 Sold
Premium
Sold
Mar 9, 2016 Listed by Leading Edge Real Estate $369,000
Listed by Leading Edge Real Estate
Sep 29, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,545
  • Total Building Area: 1,260
  • Gross Building Area: 1,779
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000127
  • 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: 770000000
  • Parcel: READ M:022.0-0000-0153.0
  • Municipality: READING
  • Latitude: 42.5258
  • Longitude: -71.097

    Address

  • Full Address: 28 Wilson St
  • Address - House Number: 28
  • Address - Street Name: Wilson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C029
  • 4-Digit Zip Code: 2729
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $693,400

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 683,023
  • High Value: 806,183
  • Low Value: 559,862

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,600
  • Assessed Land Value: $377,600
  • Assessed Improvements Value: $214,000

    Sales

  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99993
  • Previous Sale Recording Date: Apr 28, 2016
  • Previous Sale Amount: $392,500
  • 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:

$879,900

Sale Price/ft²

$455

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2092 ft²

Average Home Age

54.4 years

Currently For Sale

24 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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72327778

Frequently Asked Questions

When was property at 28 Wilson Street built and last sold?
The property at 28 Wilson Street was built in 1958 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 28 Wilson Street is $477,873.
What are some comparable homes to 28 Wilson Street?
There are currently no comparable homes to 28 Wilson Street.
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