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Reading 01867
31 Avon Street
$305,000
● House - Off Market

31 Avon Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,375 Ft²
$687,402
RealtyHop Estimate
114.88%
Since Mar 1, 2003
MA-Boston
Primary Model

About This Property

CHARMING COL. NATURAL WOODWORK THROUGHOUT. FORMAL LR WITH FRENCH DOOR TO 1ST FLOOR DEN. COVERED DECK. FORMAL DR WITH WINDOW SEAT. EAT IN KITCHEN. LARGE ATTIC. SHED AND FENCED IN YARD.1ST OPEN HOUSE SUNDAY 10/6. AGENT TO ACCOMP. BUYER
Unit Size
1,375 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$233
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1925

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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 #30654134)

Price History

Date / Event Date Event Price
Dec 8, 2020 Sold
Premium
Sold
Feb 14, 2003 Sold
Premium
Sold
Oct 4, 2002 Listed by Larkin & Larkin Real Estate $319,900
Listed by Larkin & Larkin Real Estate
Dec 4, 1997 Sold
Premium
Sold
Nov 3, 1997 Listed by Boardwalk Real Estate $187,900
Listed by Boardwalk Real Estate
CHARMING DUTCH COLONIAL W/ NATURAL WOODWORK THRU OUT. FORMAL FRONT TO BACK FP/LR W/ FRENCH DOOR TO 1ST FLR DEN AND SLIDERS TO A COVERED DECK. FORMAL DR W/ WINDOW SEAT, EAT IN KIT.3 BRS UP, 1 1/2 BTHS,LG ATTIC & HSE FAN. SHED & FNCED YD

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 724
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,307
  • Total Building Area: 1,375
  • Gross Building Area: 2,271
  • Building Area: 1,375
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,375
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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: S15

Geography

  • Account Number: 430000000
  • Parcel: READ M:012.0-0000-0101.0
  • Municipality: READING
  • Latitude: 42.5166
  • Longitude: -71.1028

    Address

  • Full Address: 31 Avon St
  • Address - House Number: 31
  • Address - Street Name: Avon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C020
  • 4-Digit Zip Code: 3633
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $737,300

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 731,726
  • High Value: 852,111
  • Low Value: 611,341

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,100
  • Assessed Land Value: $386,900
  • Assessed Improvements Value: $242,200

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 232434
  • Previous Sale Recording Date: Feb 14, 2003
  • Previous Sale Amount: $305,000
  • 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:

$849,900

Sale Price/ft²

$457

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

$2,565 /mo

  • Studio
  • 1 Bath
  • 589 ft²
200 Quannapowitt Parkway #S1, 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# 30654134

Frequently Asked Questions

When was property at 31 Avon Street built and last sold?
The property at 31 Avon Street was built in 1925 and last sold on Nov 23, 2020 for $308,499.
How much is this home worth?
The estimated value of the home located at 31 Avon Street is $340,586.
What are some comparable homes to 31 Avon Street?
There are currently no comparable homes to 31 Avon Street.
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