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Reading 01867
33 Springvale Road
$271,000
● House - Off Market

33 Springvale Road

Reading, MA 01867
bedrooms
2 Beds
bathrooms
1 Bath
square feet
999,999 Ft²
$672,431
RealtyHop Estimate
146.40%
Since Jan 1, 2002
MA-Boston
Primary Model

About This Property

GREAT STARTER OR RETIREMENT HOME IN POPULAR WESTSIDE N'HOOD OF MORE EXPENSIVE PROPERTIES. CHARMING FP'D LR WITH HONEY PINE MANTLE & DETAILING. EAT-IN KIT WITH LARGE SMALL-PANED WINDOW. YARD BOASTS MANY PERENNIALS & WHITE PICKET FENCE.
Unit Size
999,999 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$0
Property Type
House
Property Taxes
$218
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 #30563744)

Price History

Date / Event Date Event Price
Dec 27, 2001 Sold
Premium
Sold
Nov 28, 2001 Listed by Colonial Manor Realty $272,900
Listed by Colonial Manor Realty
Jan 5, 1995 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 998
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,799
  • Total Building Area: 2,256
  • Gross Building Area: 3,344
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTCROFT PARK
  • Land Acres: 0000000202
  • 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: 334100

Zoning

  • Zoning: S15

Geography

  • Account Number: 370000000
  • Parcel: READ M:010.0-0000-0292.0
  • Municipality: READING
  • Latitude: 42.5174
  • Longitude: -71.1234

    Address

  • Full Address: 33 Springvale Rd
  • Address - House Number: 33
  • Address - Street Name: Springvale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C026
  • 4-Digit Zip Code: 3364
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $992,100

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 874,226
  • High Value: 1,027,688
  • Low Value: 720,764

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $846,500
  • Assessed Land Value: $458,600
  • Assessed Improvements Value: $387,900

    Sales

  • Current Sale Recording Date: Dec 27, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 05, 1995
  • Previous Sale Amount: $129,000
  • 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# 30563744

Frequently Asked Questions

When was property at 33 Springvale Road built and last sold?
The property at 33 Springvale Road was built in 1950 and last sold on Jan 1, 1970 for $271,000.
How much is this home worth?
The estimated value of the home located at 33 Springvale Road is $0.
What are some comparable homes to 33 Springvale Road?
There are currently no comparable homes to 33 Springvale Road.
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