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Reading 01867
41 Harvard Street
$720,000
● House - Off Market

41 Harvard Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,239 Ft²
$969,090
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model

About This Property

THE HOME YOU HAVE BEEN WAITING FOR... beautifully maintained, four bedroom, 2 Bath expanded cape in top Birch Meadow location.  First floor features gracious fireplaced living room, formal dining room, full bath & bedroom/home office. The open concept kitchen & family room is perfect for entertaining & informal dining. A custom built mud room leads out to a large  professionally landscaped backyard.  The Second floor features 3 bedrooms and another full bath. The finished lower level, with tv/media room, oversized laundry room, office and workshop makes this home a must see! Located on a quiet street yet close to commuter rail, schools, parks and highways.
Unit Size
2,239 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$313
Property Type
House
Property Taxes
$656
HOA Dues
-
Year Built
1957

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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 #72624299)

Price History

Date / Event Date Event Price
Apr 24, 2020 Sold
Premium
Sold
Feb 26, 2020 Listed by William Raveis R.E. & Home Services $699,900
Listed by William Raveis R.E. & Home Services
May 3, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,676
  • Total Building Area: 2,239
  • Gross Building Area: 3,116
  • Building Area: 2,239
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,239
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000291
  • 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: 1120000000
  • Parcel: READ M:026.0-0000-0152.0
  • Municipality: READING
  • Latitude: 42.5312
  • Longitude: -71.1156

    Address

  • Full Address: 41 Harvard St
  • Address - House Number: 41
  • Address - Street Name: Harvard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C034
  • 4-Digit Zip Code: 2020
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $955,600

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 914,980
  • High Value: 1,075,425
  • Low Value: 754,536

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $815,400
  • Assessed Land Value: $472,700
  • Assessed Improvements Value: $342,700

    Sales

  • Current Sale Contract Date: Mar 19, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60436
  • Previous Sale Recording Date: May 03, 1996
  • Previous Sale Amount: $254,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72624299

Frequently Asked Questions

When was property at 41 Harvard Street built and last sold?
The property at 41 Harvard Street was built in 1957 and last sold on Mar 19, 2020 for $720,000.
How much is this home worth?
The estimated value of the home located at 41 Harvard Street is $724,541.
What are some comparable homes to 41 Harvard Street?
There are currently no comparable homes to 41 Harvard Street.
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