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Reading 01867
471 Lowell St
Photo of 471 Lowell St
Sold on Jul 18, 2025

30

Map

Photo of 471 Lowell St
Photo of 471 Lowell St
$605,000
● House - Off Market

471 Lowell St

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,141 Ft²
$3,413
Est. Monthly
6.49%
Cap Rate

About This Property

So much potential with this solid three bedroom Ranch style home in a great location just waiting for a fresh look!  Nice kitchen with cozy dining area, with convenient side entry leading to paved driveway. Enjoy summer evenings on the screened porch overlooking a private backyard oasis. Three nice sized bedrooms all with hardwood floors.  Living room also with hardwood floor and picture window that fills the space with natural light. Full bath. Newer roof (5 years), Central Air and heat updated 2018. Basement has bonus room that could be used as a playroom, home office or another bedroom.  Bulk head gives access to back yard. This home is waiting for you to make it your own!
Unit Size
1,141 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$504
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1956

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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: 2 years ago (MLSPIN #73389263)

Price History

Date / Event Date Event Price
Jul 18, 2025 Sold
Premium
Sold
Jun 20, 2025 In contract -
In contract
Jun 11, 2025 Listed $574,900
Listed

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,625
  • Total Building Area: 1,094
  • Gross Building Area: 2,040
  • Building Area: 1,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,094
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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: 1260000000
  • Parcel: READ M:031.0-0000-0039.0
  • Municipality: READING
  • Latitude: 42.5361
  • Longitude: -71.1293

    Address

  • Full Address: 471 Lowell St
  • Address - House Number: 471
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C008
  • 4-Digit Zip Code: 1520
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $698,900

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 662,655
  • High Value: 771,677
  • Low Value: 553,633

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $596,300
  • Assessed Land Value: $395,500
  • Assessed Improvements Value: $200,800
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73389263

Frequently Asked Questions

When was property at 471 Lowell Street built and last sold?
The property at 471 Lowell Street was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 471 Lowell Street is $0.
What are some comparable homes to 471 Lowell Street?
There are currently no comparable homes to 471 Lowell Street.
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