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Reading 01867
473 Lowell St.
$365,000
● House - Off Market

473 Lowell St.

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,583 Ft²
$658,524
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

LOVELY 3-4 BEDROOM 2 FULL BATH HOME PRICED TO SELL!  NEWER GARAGE & 3 SEASON PORCH.  OTHER UPDATES INCLUDE WINDOWS, SIDING, ROOF, DRIVEWAY, GUTTERS & DISHWASHER. SECOND FLOOR BOASTS 3 BEDROOMS, NEWLY RENOVATED FULL BATH, CATHEDRAL CEILING, AND BEAUTIFUL BAMBOO FLOORING.  ORIGINAL DINING ROOM ON FIRST FLOOR IS CURRENTLY BEING USED AS OFFICE/BEDROOM.  OVER-SIZED LIVING ROOM CURRENTLY BEING USED AS LIVING ROOM / DINING ROOM COMBINATION.  LARGE WALK OUT BASEMENT WITH ADDITIONAL EXPANSION POSSIBILITIES.  ENJOY PERENNIAL GARDENS AND AREA TO DESIGN & CREATE YOUR OWN VEGETABLE GARDEN IN BACK YARD (LOAM ALREADY IN PLACE).  EASY ACCESS TO MAJOR HIGHWAYS AND COMMUTER RAIL. SHOWINGS BEGIN AT OPEN HOUSE THURSDAY 9/24 11:30-1:00.
Unit Size
1,583 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$227
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1988

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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: 4 months ago (MLSPIN #71747938)

Price History

Date / Event Date Event Price
Nov 7, 2014 Sold
Premium
Sold
Sep 24, 2014 Listed by RE/MAX Leading Edge $359,900
Listed by RE/MAX Leading Edge
Sep 25, 1995 Sold
Premium
Sold
May 15, 1995 Listed by RE/MAX Leading Edge $189,990
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 782
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,136
  • Total Building Area: 1,583
  • Gross Building Area: 2,648
  • Building Area: 1,583
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,583
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • 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:031.0-0000-0041.0
  • Municipality: READING
  • Latitude: 42.5363
  • Longitude: -71.1296

    Address

  • Full Address: 473 Lowell St
  • Address - House Number: 473
  • 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: $833,900

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 781,117
  • High Value: 909,628
  • Low Value: 652,606

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $711,500
  • Assessed Land Value: $380,300
  • Assessed Improvements Value: $331,200

    Sales

  • Current Sale Recording Date: Nov 07, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 171524
  • Previous Sale Recording Date: Sep 25, 1995
  • Previous Sale Amount: $189,990
  • 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:

$865,000

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2135 ft²

Average Home Age

57.1 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71747938

Frequently Asked Questions

When was property at 473 Lowell Street built and last sold?
The property at 473 Lowell Street was built in 1988 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 473 Lowell Street is $380,122.
What are some comparable homes to 473 Lowell Street?
There are currently no comparable homes to 473 Lowell Street.
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