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Reading 01867
45 Field Pond Dr
$730,000
● House - Off Market

45 Field Pond Dr

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$1,011,383
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

One floor living at it's best in this meticulously maintained ranch on a cul de sac in a most desirable neighborhood.  There is an entertainment size living room and formal dining room that showcase the hardwood floors, sun-filled rooms and a layout for comfortable living and easy entertaining. Take in views of the backyard from the cathedral ceiling sunroom with an adjoining private deck ideal for outside entertaining and summer cookouts. Gather in the fireplaced family room that is open to the kitchen that has a breakfast bar and lots of cabinets. Three bedrooms, the master bedroom has a private bath. Other pluses:  Central air, low maintenance exterior and a spacious two car garage.  Easy access to highways and transportation.  Limited Controlled..  Masks and gloves are required.
Unit Size
1,936 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$387
Property Type
House
Property Taxes
$803
HOA Dues
-
Year Built
1975

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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 #72660243)

Price History

Date / Event Date Event Price
Nov 19, 2020 Sold
Premium
Sold
Sep 16, 2020 Listed by Boardwalk Real Estate $749,900
Listed by Boardwalk Real Estate
Jul 21, 2020 Sold
Premium
Sold
May 22, 2020 Listed by Boardwalk Real Estate $750,000
Listed by Boardwalk Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,116
  • Total Building Area: 1,936
  • Gross Building Area: 2,644
  • Building Area: 1,936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000622
  • 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: S20

Geography

  • Account Number: 1970000000
  • Parcel: READ M:046.0-0000-0098.0
  • Municipality: READING
  • Latitude: 42.5476
  • Longitude: -71.0974

    Address

  • Full Address: 45 Field Pond Dr
  • Address - House Number: 45
  • Address - Street Name: Field Pond
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 1116
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,027,500

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 903,560
  • High Value: 1,062,593
  • Low Value: 744,527

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $876,700
  • Assessed Land Value: $615,400
  • Assessed Improvements Value: $261,300

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 218086
  • Previous Sale Recording Date: Jul 21, 2020
  • Previous Sale Contract Date: Jul 09, 2020
  • Previous Sale Amount: $730,000
  • 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

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

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

$2,740 /mo

  • Studio
  • 1 Bath
  • 725 ft²
200 Quannapowitt Parkway #S4, 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# 72660243

Frequently Asked Questions

When was property at 45 Field Pond Drive built and last sold?
The property at 45 Field Pond Drive was built in 1975 and last sold on Nov 17, 2020 for $740,000.
How much is this home worth?
The estimated value of the home located at 45 Field Pond Drive is $767,680.
What are some comparable homes to 45 Field Pond Drive?
There are currently no comparable homes to 45 Field Pond Drive.
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