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Reading 01867
40 Criterion Rd
$475,000
● House - Off Market

40 Criterion Rd

Reading, MA 01867
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,900 Ft²
$977,043
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Your wait is over!  Oversized 52ft modern 4 bed, 3 bath home on gorgeous side street abutting conservation land! Short walk to BIRCH MEADOW for K-12 schools,YMCA and year round recreation!!!  Big modern kitchen & baths with GRANITE countertops, open floorplan, fresh wall colors & lighting, windows, whole house fan.   All systems have been updated, LL has new carpet &wired for surround sound, garage, AMAZING perennial gardens arbor,POOL!!, deck & plenty of room for large family, private yard!
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$253
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1984

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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 #71384522)

Price History

Date / Event Date Event Price
Jul 31, 2014 Sold
Premium
Sold
May 21, 2014 Listed by Sagan Harborside Sotheby's International Realty $499,900
Listed by Sagan Harborside Sotheby's International Realty
Aug 16, 2012 Sold
Premium
Sold
May 17, 2012 Listed by Sagan Harborside Sotheby's International Realty $479,900
Listed by Sagan Harborside Sotheby's International Realty

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,300
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,996
  • Gross Building Area: 2,922
  • Building Area: 1,996
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,996
  • 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: 334300

Zoning

  • Zoning: S15

Geography

  • Account Number: 1220000000
  • Parcel: READ M:032.0-0000-0063.0
  • Municipality: READING
  • Latitude: 42.5352
  • Longitude: -71.1168

    Address

  • Full Address: 40 Criterion Rd
  • Address - House Number: 40
  • Address - Street Name: Criterion
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C031
  • 4-Digit Zip Code: 1627
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $978,600

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 880,081
  • High Value: 1,034,406
  • Low Value: 725,756

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $835,000
  • Assessed Land Value: $463,000
  • Assessed Improvements Value: $372,000

    Sales

  • Current Sale Recording Date: Jul 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112507
  • Previous Sale Recording Date: Aug 16, 2012
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: O
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:

$865,000

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2135 ft²

Average Home Age

57.1 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 years ago
Data Source: MLS PIN, MLS# 71384522

Frequently Asked Questions

When was property at 40 Criterion Road built and last sold?
The property at 40 Criterion Road was built in 1984 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 40 Criterion Road is $526,211.
What are some comparable homes to 40 Criterion Road?
There are currently no comparable homes to 40 Criterion Road.
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