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Reading 01867
30 Landers Rd
$715,000
● House - Off Market

30 Landers Rd

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,785 Ft²
$966,498
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model

About This Property

Located at the end of a quiet Cul-de-sac and nestled on over a half acre, this totally renovated Split Entry awaits new owners! New quartz counter and stainless steel applianced kitchen with hardwood floors. Open floor plan on main level. Dining area opens to livingroom with fireplace. Sliders from dining area lead to a nice deck that overlooks a private backyard. Lower level offers a beautifully finished familyroom, with a second firpelace. Two new tiled bathrooms, New Central A/C system. Newer roof, upadated heating system and windows.         Property is not occupied.   Offers will be reviewed on Monday March 30 5:00 P.M..  To view video tour:   https://youtu.be/3GhKHBZhn8Y
Unit Size
1,785 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$392
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
1972

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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 #72637740)

Price History

Date / Event Date Event Price
May 6, 2020 Sold
Premium
Sold
Mar 25, 2020 Listed by Boardwalk Real Estate $699,900
Listed by Boardwalk Real Estate
Dec 20, 2019 Sold
Premium
Sold
Oct 24, 2019 Listed by Boardwalk Real Estate $599,900
Listed by Boardwalk Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2019
  • 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: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 778
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,901
  • Total Building Area: 1,463
  • Gross Building Area: 2,604
  • Building Area: 1,463
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,463
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000549
  • 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: S20

Geography

  • Account Number: 1550000000
  • Parcel: READ M:038.0-0000-0165.0
  • Municipality: READING
  • Latitude: 42.5429
  • Longitude: -71.116

    Address

  • Full Address: 30 Landers Rd
  • Address - House Number: 30
  • Address - Street Name: Landers
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C013
  • 4-Digit Zip Code: 1233
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,007,900

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 934,344
  • High Value: 1,079,768
  • Low Value: 788,920

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $860,000
  • Assessed Land Value: $513,300
  • Assessed Improvements Value: $346,700

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67572
  • Previous Sale Recording Date: Dec 20, 2019
  • Previous Sale Contract Date: Dec 13, 2019
  • Previous Sale Amount: $560,000
  • 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:

$849,900

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2173 ft²

Average Home Age

54 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72637740

Frequently Asked Questions

When was property at 30 Landers Road built and last sold?
The property at 30 Landers Road was built in 1972 and last sold on Apr 30, 2020 for $715,000.
How much is this home worth?
The estimated value of the home located at 30 Landers Road is $717,081.
What are some comparable homes to 30 Landers Road?
There are currently no comparable homes to 30 Landers Road.
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