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Reading 01867
40 Whitehall Ln
$680,750
● House - Off Market

40 Whitehall Ln

Reading, MA 01867
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,454 Ft²
$1,272,814
RealtyHop Estimate
84.49%
Since Apr 1, 2014
MA-Boston
Primary Model

About This Property

DO NOT MISS THIS SPACIOUS CUSTOM BUILT 4BR 3 1/2  BATH EXPANDED CAPE IN DESIRED WEST SIDE LOCATION JUST MINUTES TO PARKS, SCHOOLS AND TRANSPORTATION TERRIFIC OPEN CONCEPT STAINLESS STEEL GRANITE KITCHEN FORMAL F/P LR WITH MUCH DESIRED 1ST FLOOR FAM RM WITH GAS STOVED F/P,. FORMAL DR ALL WITH CLASSIC DENTAL MOLDING THRUOUT,, SECOND FLOOR BOASTS 3 LARGE BEDROOMS INCLUDING FANTASTIC PRIVATE MASTER SUITE WITH DRESSING/SITTING AREA AND CUSTOM CLOSETS  EVERYWHERE.  BEAUTIFLY FINISHED F/P F/R IN BASEMENT W/CUSTOM PANTRY AND A BONUS 1ST FLOOR BR OR OFFICE SUITE,, SPECTACULAR NEAR 1/2 ACRE GRASSY LEVEL LOT W/SPRINKLER SYSTEM, OVAL ABOVE GRND POOL NEW ROOF, NEW HIGH EFFECIENCY "SYSTEM 2000 "  5 ZONE HEATING SYSTEM AND NEW OIL TANK, TILT IN WINDOWS TOO MUCH MORE TO LIST,, THIS IS A MUST SEE
Unit Size
2,454 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$281
Property Type
House
Property Taxes
$736
HOA Dues
-
Year Built
1962

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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: 4 months ago (MLSPIN #71610057)

Price History

Date / Event Date Event Price
Mar 11, 2014 Sold
Premium
Sold
Nov 20, 2013 Listed by Vivian Abate Real Estate $689,900
Listed by Vivian Abate Real Estate
Oct 16, 2000 Sold
Premium
Sold
Aug 15, 2000 Listed by Vivian Abate Real Estate $479,900
Listed by Vivian Abate Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 2
  • Basement Area: 1,398
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,042
  • Total Building Area: 3,635
  • Gross Building Area: 6,055
  • Building Area: 3,635
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,635
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: S20

Geography

  • Account Number: 150000000
  • Parcel: READ M:006.0-0000-0107.0
  • Municipality: READING
  • Latitude: 42.5099
  • Longitude: -71.1198

    Address

  • Full Address: 40 Whitehall Ln
  • Address - House Number: 40
  • Address - Street Name: Whitehall
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Reading
  • Carrier Code: C017
  • 4-Digit Zip Code: 3770
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,261,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,223,437
  • High Value: 1,439,871
  • Low Value: 1,007,003

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,076,000
  • Assessed Land Value: $585,300
  • Assessed Improvements Value: $490,700

    Sales

  • Current Sale Recording Date: Mar 11, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29969
  • Previous Sale Recording Date: Oct 16, 2000
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: 71
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

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2197 ft²

Average Home Age

55.6 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# 71610057

Frequently Asked Questions

When was property at 40 Whitehall Lane built and last sold?
The property at 40 Whitehall Lane was built in 1962 and last sold on Jan 1, 1970 for $680,750.
How much is this home worth?
The estimated value of the home located at 40 Whitehall Lane is $717,536.
What are some comparable homes to 40 Whitehall Lane?
There are currently no comparable homes to 40 Whitehall Lane.
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