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Reading 01867
5 Margaret Road
$363,000
● House - Off Market

5 Margaret Road

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,446 Ft²
$736,650
RealtyHop Estimate
101.82%
Since Nov 1, 2003
MA-Boston
Primary Model

About This Property

THREE BDRM RANCH ON DEAD END STREET,  MASTER BEDROOM OFFERS CATHEDRAL CEINGS, SKYLIGHTS AND BRAND NEW BATH.  LR/DR COMBO W/ FIREPLACE, SOME HWDW FLOORS, NEW FURNACE AND FLAT LOT. TO BE SOLD "AS IS" SHOWINGS START AFTER BROKERS OPEN 10/2
Unit Size
1,446 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$252
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #30775318)

Price History

Date / Event Date Event Price
Oct 31, 2003 Sold
Premium
Sold
Sep 30, 2003 Listed by Colonial Manor Realty $365,000
Listed by Colonial Manor Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 958
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,914
  • Total Building Area: 1,446
  • Gross Building Area: 3,036
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000274
  • 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: 1270000000
  • Parcel: READ M:032.0-0000-0109.0
  • Municipality: READING
  • Latitude: 42.5358
  • Longitude: -71.1239

    Address

  • Full Address: 5 Margaret Rd
  • Address - House Number: 5
  • Address - Street Name: Margaret
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C008
  • 4-Digit Zip Code: 1536
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $761,900

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 742,557
  • High Value: 872,906
  • Low Value: 612,208

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $650,100
  • Assessed Land Value: $404,400
  • Assessed Improvements Value: $245,700

    Sales

  • Current Sale Recording Date: Oct 31, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 776
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:

$866,500

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2107 ft²

Average Home Age

60.3 years

Currently For Sale

42 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30775318

Frequently Asked Questions

When was property at 5 Margaret Road built and last sold?
The property at 5 Margaret Road was built in 1950 and last sold on Jan 1, 1970 for $363,000.
How much is this home worth?
The estimated value of the home located at 5 Margaret Road is $0.
What are some comparable homes to 5 Margaret Road?
There are currently no comparable homes to 5 Margaret Road.
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