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Reading 01867
328 Charles Street
Photo of 328 Charles Street
Sold on Jul 19, 2010

1

Map

$440,000
● House - Off Market

328 Charles Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,572 Ft²
$929,820
RealtyHop Estimate
102.18%
Since Aug 1, 2010
MA-Boston
Primary Model

About This Property

Don't miss this great opportunity to own a 4-bedroom Garrison on a large corner lot, convenient to the Killam elementary school.  You will notice a pride of ownership as you tour this home which features a large, fireplaced living room, H/W floors, a built-in dining room cabinet, beautiful windows, new roof and heating system.  Imagine watching the flowers grow this spring from the cozy sun room.  Your ideas and updates would truly turn this home into a gem.
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$293
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1956

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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: 2 years ago (MLSPIN #71059161)

Price History

Date / Event Date Event Price
Oct 15, 2020 Sold
Premium
Sold
Aug 26, 2020 Listed $899,900
Listed
Jul 19, 2010 Sold
Premium
Sold
Apr 6, 2010 Listed $459,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 2
  • Basement Area: 672
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,399
  • Total Building Area: 2,953
  • Gross Building Area: 3,388
  • Building Area: 2,953
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,953
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000468
  • 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: 1620000000
  • Parcel: READ M:041.0-0000-0004.0
  • Municipality: READING
  • Latitude: 42.541
  • Longitude: -71.0917

    Address

  • Full Address: 328 Charles St
  • Address - House Number: 328
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C016
  • 4-Digit Zip Code: 1806
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,246,400

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,171,101
  • High Value: 1,378,276
  • Low Value: 963,925

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,063,500
  • Assessed Land Value: $477,500
  • Assessed Improvements Value: $586,000

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 187417
  • Previous Sale Recording Date: Jul 19, 2010
  • Previous Sale Amount: $440,000
  • 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:

$865,000

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2135 ft²

Average Home Age

57.1 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

$4,675 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71059161

Frequently Asked Questions

When was property at 328 Charles Street built and last sold?
The property at 328 Charles Street was built in 1956 and last sold on Oct 8, 2020 for $960,000.
How much is this home worth?
The estimated value of the home located at 328 Charles Street is $0.
What are some comparable homes to 328 Charles Street?
There are currently no comparable homes to 328 Charles Street.
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