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Reading 01867
3 Whittier Road
$178,000
● House - Off Market

3 Whittier Road

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
$801,459
RealtyHop Estimate
333.46%
Since Sep 1, 1996
MA-Boston
Primary Model

About This Property

GREAT OPPORTUNITY TO GET INTO BIRCH MEADOW AREA OF READING AT AN AFFORDABLE PRICE. 7 ROOM 4 BDRM 2 BATH CAPE ON 8500 SQ FT; THIS HOME NEEDS TLC BUT IS A GREAT HOME FOR FIRST TIME BUYERS.  WILL NOT LAST. EASY TO SHOW ON LOCKBOX
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1945

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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 years ago (MLSPIN #30114791)

Price History

Date / Event Date Event Price
Jan 26, 2005 Sold
Premium
Sold
May 28, 2003 Sold
Premium
Sold
Apr 15, 2003 Listed by Century 21 Advance Realty $419,900
Listed by Century 21 Advance Realty
Aug 30, 1996 Sold
Premium
Sold
Jul 2, 1996 Listed by Century 21 Advance Realty $184,900
Listed by Century 21 Advance Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1975
  • 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: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,424
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,398
  • Total Building Area: 2,581
  • Gross Building Area: 3,663
  • Building Area: 2,581
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,581
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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: 334300

Zoning

  • Zoning: S15

Geography

  • Account Number: 1400000000
  • Parcel: READ M:039.0-0000-0036.0
  • Municipality: READING
  • Latitude: 42.5402
  • Longitude: -71.1061

    Address

  • Full Address: 3 Whittier Rd
  • Address - House Number: 3
  • Address - Street Name: Whittier
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C013
  • 4-Digit Zip Code: 1657
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $939,700

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 938,983
  • High Value: 1,104,251
  • Low Value: 773,715

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $801,800
  • Assessed Land Value: $457,200
  • Assessed Improvements Value: $344,600

    Sales

  • Current Sale Recording Date: Jan 26, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16685
  • Previous Sale Recording Date: May 28, 2003
  • Previous Sale Amount: $425,000
  • 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

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2197 ft²

Average Home Age

55.6 years

Currently For Sale

35 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

$3,620 /mo

  • 2 Beds
  • 2 Baths
  • 1,057 ft²
200 Quannapowitt Parkway #B16B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30114791

Frequently Asked Questions

When was property at 3 Whittier Road built and last sold?
The property at 3 Whittier Road was built in 1945 and last sold on Jan 1, 1970 for $525,000.
How much is this home worth?
The estimated value of the home located at 3 Whittier Road is $436,820.
What are some comparable homes to 3 Whittier Road?
There are currently no comparable homes to 3 Whittier Road.
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