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Reading 01867
386 Pearl Street
Photo of 386 Pearl Street
Sold on Oct 2, 2006

1

Map

$370,000
● House - Off Market

386 Pearl Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,719 Ft²
$686,155
RealtyHop Estimate
85.50%
Since Nov 1, 2006
MA-Boston
Primary Model

About This Property

Lots of possibilities for this 7 room, 3 bedroom Ranch. Nice flow between LR to Kitchen and Family Room for entertaining. Price reflects work needed. Needs new roof or has 2nd flr  possibilies, also  front walkway & steps and cosmetic updating. Sunroom could be use as dining room. Hardwood and hardpine Flrs thru-out except FR & baths  Newer Andersen Windows. GLA 1700+ with 1/2 acre lot plus 2 car garage. 100ft frontage Property to be sold "As Is".  Showings begin @ open house 8/6/06 1:30-3:30
Unit Size
1,719 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$215
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #70433345)

Price History

Date / Event Date Event Price
Oct 2, 2006 Sold
Premium
Sold
Aug 1, 2006 Listed $369,900
Listed

Property Highlights

Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,640
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,577
  • Total Building Area: 2,839
  • Gross Building Area: 5,587
  • Building Area: 2,839
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,839
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000564
  • 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: S15

Geography

  • Account Number: 1590000000
  • Parcel: READ M:040.0-0000-0008.0
  • Municipality: READING
  • Latitude: 42.5442
  • Longitude: -71.1029

    Address

  • Full Address: 386 Pearl St
  • Address - House Number: 386
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C015
  • 4-Digit Zip Code: 1357
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,197,200

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 968,485
  • High Value: 1,138,493
  • Low Value: 798,477

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,021,500
  • Assessed Land Value: $492,000
  • Assessed Improvements Value: $529,500

    Sales

  • Current Sale Recording Date: Feb 15, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 22267
  • Previous Sale Recording Date: Oct 10, 2017
  • 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:

$874,950

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2072 ft²

Average Home Age

56.6 years

Currently For Sale

42 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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70433345

Frequently Asked Questions

When was property at 386 Pearl Street built and last sold?
The property at 386 Pearl Street was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 386 Pearl Street is $396,391.
What are some comparable homes to 386 Pearl Street?
There are currently no comparable homes to 386 Pearl Street.
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