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Reading 01867
290 Ash Street
$540,000
● House - Off Market

290 Ash Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,644 Ft²
$780,089
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Proof that great things come in small packages! Lovingly taken care of and updated for today, this classic split entry is turn-key. Enjoy cooking in your upgraded kitchen with whisky glazed cabinetry, granite countertops and stainless steel appliances. Relax on the back deck, overlooking your fenced in rear yard perfect for barbeques and play. Central air for the summer and crackling fireplace for the winter. This 'like new' home is practically maintenance free, with vinyl siding, newer composite deck, sprinkler system and gutter helmet system. Fantastic location right outside of Reading center with restaurants, shopping and commuter rail and an easy commute to Rte 128 or Rte 93. Recent updates include deck,front door, roof, high efficiency heating system, and kitchen.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$304
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1987

Payment Calculator

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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 #72162137)

Price History

Date / Event Date Event Price
Jul 6, 2017 Sold
Premium
Sold
May 10, 2017 Listed by William Raveis R.E. & Home Services $499,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,310
  • Total Building Area: 1,649
  • Gross Building Area: 2,252
  • Building Area: 1,649
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,649
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000443
  • 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: 280000000
  • Parcel: READ M:012.0-0000-0091.0
  • Municipality: READING
  • Latitude: 42.5154
  • Longitude: -71.0992

    Address

  • Full Address: 290 Ash St
  • Address - House Number: 290
  • Address - Street Name: Ash
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C020
  • 4-Digit Zip Code: 3625
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $856,500

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 811,069
  • High Value: 937,306
  • Low Value: 684,832

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $730,800
  • Assessed Land Value: $407,500
  • Assessed Improvements Value: $323,300

    Sales

  • Current Sale Recording Date: Jul 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 104750
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

2112 ft²

Average Home Age

58.9 years

Currently For Sale

43 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

$2,715 /mo

  • 1 Bed
  • 1 Bath
  • 831 ft²
200 Quannapowitt Parkway #A10J, 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# 72162137

Frequently Asked Questions

When was property at 290 Ash Street built and last sold?
The property at 290 Ash Street was built in 1987 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 290 Ash Street is $524,256.
What are some comparable homes to 290 Ash Street?
There are currently no comparable homes to 290 Ash Street.
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