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Reading 01867
37 Susan Dr
$1,100,000
● House - Off Market

37 Susan Dr

Reading, MA 01867
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,899 Ft²
$1,471,903
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Rarely does a house at the end of a cul-de-sac with a HUGE yard come on in Reading!  Outdoor features 40x20 inground Heated Gunite Pool with floor system.  Large paver patio area with another area perfect for a Hot Tub (sorry, taking the one that is there).  Inside is a chefs delight with a 48' Wolf Stove with 6 burners and an indoor grill; the hood vent is top of the line Viking!   3 sinks for prep work and more counter space than you need!  When entertaining no one ever leaves this room and it's amazing to have so much space!  Hardwood floors thruout entire house (except baths).  "Kids" rooms have Jack and Jill baths. Call Superintendent for school district.  Easy access to Route 93 and 95.  Reading is highly regarded with it's proximity to Boston and it's school systems!  The neighbors are the bomb too!
Unit Size
3,899 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$255
Property Type
House
Property Taxes
$1,028
HOA Dues
-
Year Built
2013

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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 #72379314)

Price History

Date / Event Date Event Price
Oct 24, 2018 Sold
Premium
Sold
Aug 15, 2018 Listed by Fitzgerald & Associates $995,000
Listed by Fitzgerald & Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 2,048
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 31,899
  • Total Building Area: 3,899
  • Gross Building Area: 7,377
  • Building Area: 3,899
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,899
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000732
  • 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: 1900000000
  • Parcel: READ M:044.0-0000-0038.0
  • Municipality: READING
  • Latitude: 42.5472
  • Longitude: -71.1202

    Address

  • Full Address: 37 Susan Dr
  • Address - House Number: 37
  • Address - Street Name: Susan
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Reading
  • Carrier Code: C018
  • 4-Digit Zip Code: 1240
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,555,700

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,474,985
  • High Value: 1,707,271
  • Low Value: 1,242,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,327,400
  • Assessed Land Value: $542,300
  • Assessed Improvements Value: $785,100

    Sales

  • Current Sale Recording Date: Oct 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 163630
  • Previous Sale Recording Date: Jul 12, 2012
  • 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:

$857,450

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2129 ft²

Average Home Age

56.3 years

Currently For Sale

40 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72379314

Frequently Asked Questions

When was property at 37 Susan Drive built and last sold?
The property at 37 Susan Drive was built in 2013 and last sold on Jan 1, 1970 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 37 Susan Drive is $1,015,909.
What are some comparable homes to 37 Susan Drive?
There are currently no comparable homes to 37 Susan Drive.
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