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Reading 01867
47 Chequessett Road
Photo of 47 Chequessett Road
Sold on Sep 2, 2011

1

Map

$505,000
● House - Off Market

47 Chequessett Road

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$1,087,923
RealtyHop Estimate
109.66%
Since Oct 1, 2011
MA-Boston
Primary Model

About This Property

LOVELY HOME IN WONDERFUL NEIGHBORHOOD, CENTRALLY LOCATED TO SCHOOLS,HIGHWAYS, & IN TOWN AMENITIES. 1/2 ACRE PRIVATE LOT,AND NEW DECK PERFECT FOR SUMMER ENTERTAINING,CT KITCHEN WITH STAINLESS APPLIANCES,DININGROOM WITH SLIDERS TO EXTERIOR , LARGE LIVING ROOM,GENEROUS MASTER BEDROOM, FULL BTH,PLUS ADDITIONAL 2 BEDROOMS ARE OFFERED ON FIRST FLOOR. LOWER LEVEL OFFERS GREAT SPACE WITH FIREPLACED FAMILY ROOM, OFFICE / 4TH BEDROOM PLUS FULL BATH WITH LAUNDRY. . GREAT SPACE,GREAT HOUSE!!!!!
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$226
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
1977

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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: 30 days ago (MLSPIN #71260817)

Price History

Date / Event Date Event Price
Jun 24, 2020 Sold
Premium
Sold
Apr 16, 2020 Listed by Premier Realty Group, Inc. $724,900
Listed by Premier Realty Group, Inc.
Sep 2, 2011 Sold
Premium
Sold
Jul 13, 2011 Listed by Premier Realty Group, Inc. $518,900
Listed by Premier Realty Group, Inc.
May 14, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 2
  • Basement Area: 1,352
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,107
  • Total Building Area: 2,028
  • Gross Building Area: 3,080
  • Building Area: 2,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,028
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000462
  • 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: 334400

Zoning

  • Zoning: S20

Geography

  • Account Number: 1060000000
  • Parcel: READ M:028.0-0000-0126.0
  • Municipality: READING
  • Latitude: 42.5303
  • Longitude: -71.0953

    Address

  • Full Address: 47 Chequessett Rd
  • Address - House Number: 47
  • Address - Street Name: Chequessett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C016
  • 4-Digit Zip Code: 1833
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $990,200

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 894,249
  • High Value: 1,051,059
  • Low Value: 737,440

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $844,900
  • Assessed Land Value: $527,000
  • Assessed Improvements Value: $317,900

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99061
  • Previous Sale Recording Date: Sep 02, 2011
  • Previous Sale Amount: $505,000
  • 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:

$857,450

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2129 ft²

Average Home Age

56.3 years

Currently For Sale

40 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

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 962 ft²
200 Quannapowitt Parkway #A8, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 30 days ago
Data Source: MLS PIN, MLS# 71260817

Frequently Asked Questions

When was property at 47 Chequessett Road built and last sold?
The property at 47 Chequessett Road was built in 1977 and last sold on Jun 19, 2020 for $715,000.
How much is this home worth?
The estimated value of the home located at 47 Chequessett Road is $741,855.
What are some comparable homes to 47 Chequessett Road?
There are currently no comparable homes to 47 Chequessett Road.
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