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Reading 01867
3 Evergreen Road
Photo of 3 Evergreen Road
Sold on Dec 30, 2005

1

Map

$420,000
● House - Off Market

3 Evergreen Road

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,931 Ft²
$808,416
RealtyHop Estimate
79.69%
Since Jan 1, 2006
MA-Boston
Primary Model

About This Property

Bright, sunny, lovingly cared for, oversized Cape on large level lot in wonderful family n'hood, just a short walk to popular Killam School. Expansive eat-in kit offers extra cabinets & counter space for entertaining. Pretty FP'd LR with bay area opens to spacious DR. Two porches add to living area & enjoyment. Newer windows, roof, lighting & wall-to-wall carpet on 1st flr. With loads of space, this home also features 2 1/2 BA's, 3-4 BR's & LL just waiting for your finishing touches. Great yard
Unit Size
1,931 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$233
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1941

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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 #70268575)

Price History

Date / Event Date Event Price
Dec 4, 2020 Sold
Premium
Sold
Oct 1, 2020 Listed $639,900
Listed
Dec 30, 2005 Sold
Premium
Sold
Sep 28, 2005 Listed $449,900
Listed
Jun 29, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 796
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,954
  • Total Building Area: 2,386
  • Gross Building Area: 3,064
  • Building Area: 2,386
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,386
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000343
  • 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: S20

Geography

  • Account Number: 1440000000
  • Parcel: READ M:034.0-0000-0160.0
  • Municipality: READING
  • Latitude: 42.5378
  • Longitude: -71.094

    Address

  • Full Address: 3 Evergreen Rd
  • Address - House Number: 3
  • Address - Street Name: Evergreen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C016
  • 4-Digit Zip Code: 1835
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $906,800

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 863,299
  • High Value: 1,014,681
  • Low Value: 711,917

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $773,700
  • Assessed Land Value: $480,900
  • Assessed Improvements Value: $292,800

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 230203
  • Previous Sale Recording Date: Dec 30, 2005
  • Previous Sale Amount: $420,000
  • 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

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

$2,615 /mo

  • Studio
  • 1 Bath
  • 588 ft²
200 Quannapowitt Parkway #S3, 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# 70268575

Frequently Asked Questions

When was property at 3 Evergreen Road built and last sold?
The property at 3 Evergreen Road was built in 1941 and last sold on Dec 2, 2020 for $624,000.
How much is this home worth?
The estimated value of the home located at 3 Evergreen Road is $663,534.
What are some comparable homes to 3 Evergreen Road?
There are currently no comparable homes to 3 Evergreen Road.
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