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Reading 01867
4 Robin Rd
$630,000
● House - Off Market

4 Robin Rd

Reading, MA 01867
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,023 Ft²
$751,726
RealtyHop Estimate
7.39%
Since Feb 1, 2023
MA-Boston
Primary Model

About This Property

If your looking for a neighborhood that has value, look no further!   First time on the market in over 60 years.  Schedule a viewing--you will be pleased to notice that this home offers 4 generously sized bedrooms, a living and dining room, and 1 1/2  bathrooms.  The home is loaded with storage areas including a large basement.  You will be pleased to find original hardwood flooring.  This home sits quite well on a 1/4 acre corner lot on a cul de sac.   If this is not enough, the yard is level, fenced in, and huge.  Perfect for entertainment or privacy.   All of this is nestled into a quiet and fantastic residential neighborhood. Highways, shopping, and restaurants are around the corner.
Unit Size
2,023 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$346
Property Type
House
Property Taxes
$673
HOA Dues
-
Year Built
1961

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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 #73057299)

Price History

Date / Event Date Event Price
Jan 26, 2023 Sold
Premium
Sold
Nov 26, 2022 In contract -
In contract
Nov 10, 2022 Listed by Anderson Treacy Real Estate $699,999
Listed by Anderson Treacy Real Estate
Jun 4, 1962 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 7
  • Basement Area: 716
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,023
  • Gross Building Area: 2,864
  • Building Area: 2,023
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,023
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 260000000
  • Parcel: READ M:011.0-0000-0058.0
  • Municipality: READING
  • Latitude: 42.5134
  • Longitude: -71.1088

    Address

  • Full Address: 4 Robin Rd
  • Address - House Number: 4
  • Address - Street Name: Robin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C011
  • 4-Digit Zip Code: 3810
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $866,300

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 795,758
  • High Value: 936,794
  • Low Value: 654,723

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $739,200
  • Assessed Land Value: $463,000
  • Assessed Improvements Value: $276,200

    Sales

  • Current Sale Contract Date: Jan 26, 2023
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 9464
  • Previous Sale Recording Date: Jun 04, 1962
  • Previous Sale Amount: $29,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$866,500

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2107 ft²

Average Home Age

60.3 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

$3,855 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1A-G2B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73057299

Frequently Asked Questions

When was property at 4 Robin Road built and last sold?
The property at 4 Robin Road was built in 1961 and last sold on Jan 26, 2023 for $630,000.
How much is this home worth?
The estimated value of the home located at 4 Robin Road is $712,768.
What are some comparable homes to 4 Robin Road?
There are currently no comparable homes to 4 Robin Road.
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