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Reading 01867
44 Temple St
$420,000
● House - Off Market

44 Temple St

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,450 Ft²
$676,609
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

A wonderful opportunity to make Reading your home. Comfortable single level living in this three bedroom one and a half bath Bungalow with a spacious living room, dining room and family room.   Desirable location close to schools, public transportation, downtown restaurants and Routes128 and 93. This charming home needs some updating but the sweat equity will be well worth it.  Open Houses Tuesday 5:00-7:00, Wednesday 6:00-7:30 and Thursday 4:00-5:30.
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$276
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1920

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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 #71964275)

Price History

Date / Event Date Event Price
Jul 26, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed by RE/MAX Leading Edge $615,000
Listed by RE/MAX Leading Edge
Apr 11, 2016 Sold
Premium
Sold
Feb 29, 2016 Listed by RE/MAX Leading Edge $399,900
Listed by RE/MAX Leading Edge
Dec 1, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,090
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,108
  • Total Building Area: 1,450
  • Gross Building Area: 2,972
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • 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: 334200

Zoning

  • Zoning: S15

Geography

  • Account Number: 500000000
  • Parcel: READ M:016.0-0000-0124.0
  • Municipality: READING
  • Latitude: 42.5216
  • Longitude: -71.1142

    Address

  • Full Address: 44 Temple St
  • Address - House Number: 44
  • Address - Street Name: Temple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 2830
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $805,600

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 815,888
  • High Value: 942,875
  • Low Value: 688,901

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $687,400
  • Assessed Land Value: $437,100
  • Assessed Improvements Value: $250,300

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 167568
  • Previous Sale Recording Date: Apr 11, 2016
  • Previous Sale Amount: $420,000
  • 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:

$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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,115 /mo

  • 1 Bed
  • 1 Bath
  • 893 ft²
200 Quannapowitt Parkway #A6, 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# 71964275

Frequently Asked Questions

When was property at 44 Temple Street built and last sold?
The property at 44 Temple Street was built in 1920 and last sold on Jul 26, 2021 for $703,000.
How much is this home worth?
The estimated value of the home located at 44 Temple Street is $617,777.
What are some comparable homes to 44 Temple Street?
There are currently no comparable homes to 44 Temple Street.
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