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Reading 01867
30 Meadowbrook Lane
$340,000
● House - Off Market

30 Meadowbrook Lane

Reading, MA 01867
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$1,417,123
RealtyHop Estimate
299.19%
Since Mar 1, 1998
MA-Boston
Primary Model

About This Property

CLASSIC 8 RM CENTER ENTRANCE HOME WITH EURO KITCHEN W/SCENIC WINDOWS AND SKYLIGHT. LOWER LEVEL FP FR, 1ST FLOOR STUDY ON CUL DE SAC. FABULOUS VIEWS FROM EVERY WINDOW AND FROM BALCONY AND DECK.
Unit Size
-
Days on Market
-
Land Size
0.37 acres
Price per sqft
-
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1950

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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 #30196301)

Price History

Date / Event Date Event Price
Mar 3, 2000 Sold
Premium
Sold
Feb 25, 1998 Sold
Premium
Sold
Dec 5, 1997 Listed by Colonial Manor Realty $355,000
Listed by Colonial Manor Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 816
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,400
  • Total Building Area: 2,386
  • Gross Building Area: 3,618
  • Building Area: 2,386
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,386
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000376
  • 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: 1520000000
  • Parcel: READ M:038.0-0000-0089.0
  • Municipality: READING
  • Latitude: 42.5435
  • Longitude: -71.1248

    Address

  • Full Address: 30 Meadow Brook Ln
  • Address - House Number: 30
  • Address - Street Name: Meadow Brook
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Reading
  • Carrier Code: C031
  • 4-Digit Zip Code: 1235
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,040,200

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 983,874
  • High Value: 1,156,399
  • Low Value: 811,348

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $887,500
  • Assessed Land Value: $461,900
  • Assessed Improvements Value: $425,600

    Sales

  • Current Sale Recording Date: Mar 03, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 25, 1998
  • Previous Sale Amount: $340,000
  • 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:

$869,900

Sale Price/ft²

$458

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2136 ft²

Average Home Age

55.6 years

Currently For Sale

38 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30196301

Frequently Asked Questions

When was property at 30 Meadow Brook Lane built and last sold?
The property at 30 Meadow Brook Lane was built in 1950 and last sold on Jan 1, 1970 for $369,900.
How much is this home worth?
The estimated value of the home located at 30 Meadow Brook Lane is $0.
What are some comparable homes to 30 Meadow Brook Lane?
There are currently no comparable homes to 30 Meadow Brook Lane.
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