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Reading 01867
39 Mill Street
$493,000
● House - Off Market

39 Mill Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,392 Ft²
$913,123
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Here's your chance to move to Reading!  This spacious, colonial has so much to offer the descriminating buyer.  Lovely,  8 year old custom Cherry kitchen in the heart of the home with it's ample supply of cabinets and plenty of counter space for the chef of the family!  The large eating area is the perfect place for the family to gather with access to the lovely, wooded lot and private deck.  No lack of bedroom space in this beautiful home either!  You'll find they are all over-sized and the master has vaulted ceiling and it's own private bath as well.  There is also finished space in the lower-level  including private in-home office  or hobby room.  Hurry to see this special home!
Unit Size
2,392 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$209
Property Type
House
Property Taxes
$539
HOA Dues
-
Year Built
1954

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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 #71710626)

Price History

Date / Event Date Event Price
Oct 30, 2014 Sold
Premium
Sold
Jul 9, 2014 Listed by Coldwell Banker Residential Brokerage - Andover $499,900
Listed by Coldwell Banker Residential Brokerage - Andover
Jan 25, 2001 Sold
Premium
Sold
Sep 20, 2000 Listed by Coldwell Banker Residential Brokerage - Andover $349,900
Listed by Coldwell Banker Residential Brokerage - Andover

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,770
  • Total Building Area: 2,392
  • Gross Building Area: 4,178
  • Building Area: 2,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000431
  • 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: 2360000000
  • Parcel: READ M:056.0-0000-0057.0
  • Municipality: READING
  • Latitude: 42.5601
  • Longitude: -71.1075

    Address

  • Full Address: 39 Mill St
  • Address - House Number: 39
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C012
  • 4-Digit Zip Code: 1007
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,009,700

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 925,603
  • High Value: 1,088,516
  • Low Value: 762,690

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $861,500
  • Assessed Land Value: $494,700
  • Assessed Improvements Value: $366,800

    Sales

  • Current Sale Recording Date: Oct 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 166431
  • Previous Sale Recording Date: Jan 25, 2001
  • Previous Sale Amount: $349,900
  • 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

2173 ft²

Average Home Age

54 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71710626

Frequently Asked Questions

When was property at 39 Mill Street built and last sold?
The property at 39 Mill Street was built in 1954 and last sold on Jan 1, 1970 for $493,000.
How much is this home worth?
The estimated value of the home located at 39 Mill Street is $513,772.
What are some comparable homes to 39 Mill Street?
There are currently no comparable homes to 39 Mill Street.
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