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Reading 01867
3 Harriman Avenue
$489,000
● House - Off Market

3 Harriman Avenue

Reading, MA 01867
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,382 Ft²
$643,705
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Charming Well Maintained Colonial with tons of curb appeal.  We are proud to Welcome you to 3 Harriman Avenue, Reading.  6-7 Rooms, 2 Bedrooms, 1 1/2 baths.  Side Street location, Some Fantastic Updates:  Electrical, Hot Water Tank and Conversion to Gas Heating System 5-6 years ago; Roof 6-7 years ago; Finished Lower Level area 3 years ago.  Wonderful and welcoming front deck and entry to a well maintained home.  Take advantage of the fantastic Barrows Elementary and all around excellent Reading School System.  Over a 1/3 acre backyard and 1 Car Garage complete this home for you.  Walk to town, stores, library and train.
Unit Size
1,382 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$326
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #72472299)

Price History

Date / Event Date Event Price
Sep 12, 2019 Sold
Premium
Sold
Mar 28, 2019 Listed by Century 21 CELLI $449,900
Listed by Century 21 CELLI
Dec 8, 2003 Sold
Premium
Sold
Oct 12, 2003 Listed by Century 21 CELLI $369,900
Listed by Century 21 CELLI

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 482
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,937
  • Total Building Area: 1,623
  • Gross Building Area: 2,108
  • Building Area: 1,623
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,623
  • Heating Fuel Type: 6

    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: 334200

Zoning

  • Zoning: S15

Geography

  • Account Number: 840000000
  • Parcel: READ M:021.0-0000-0282.0
  • Municipality: READING
  • Latitude: 42.5287
  • Longitude: -71.1118

    Address

  • Full Address: 3 Harriman Ave
  • Address - House Number: 3
  • Address - Street Name: Harriman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 2416
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $727,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 741,581
  • High Value: 875,300
  • Low Value: 607,862

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $620,900
  • Assessed Land Value: $457,200
  • Assessed Improvements Value: $163,700

    Sales

  • Current Sale Contract Date: Sep 10, 2019
  • Current Sale Recording Date: Sep 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 138234
  • Previous Sale Recording Date: Dec 08, 2003
  • Previous Sale Amount: $365,000
  • 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:

$879,000

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2134 ft²

Average Home Age

53.8 years

Currently For Sale

34 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

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72472299

Frequently Asked Questions

When was property at 3 Harriman Avenue built and last sold?
The property at 3 Harriman Avenue was built in 1920 and last sold on Sep 10, 2019 for $489,000.
How much is this home worth?
The estimated value of the home located at 3 Harriman Avenue is $449,290.
What are some comparable homes to 3 Harriman Avenue?
There are currently no comparable homes to 3 Harriman Avenue.
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