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Reading 01867
50 Highland St
$550,000
● House - Off Market

50 Highland St

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,415 Ft²
$568,274
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Looking for privacy, yet convenience?  This charming colonial could be just what you have been looking for. It has a spacious living room with a bow window and adjoins an entertainment size dining room..  The kitchen has an island and an adjoining den with an atrium door to access the outside.  A bath with a shower completes the first floor.  There are three bedrooms and a full bath on the second floor.  Gas hot water and heat plus central air provides for year round comfort.  Refrigerator and washer remain.  Set off the public way you can enjoy visiting on the front porch and deck. Located just off the center, it is a short walk to restaurants, library and transportation. Minutes from Rtes 128 and 93.   Make an appointment to see this sun filled home today!
Unit Size
1,415 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$353
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1900

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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: 5 years ago (MLSPIN #72863009)

Price History

Date / Event Date Event Price
Aug 26, 2021 Sold
Premium
Sold
Jul 9, 2021 Listed by Compass $499,900
Listed by Compass
Mar 28, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1970
  • 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: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 616
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,395
  • Total Building Area: 1,415
  • Gross Building Area: 2,127
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000101
  • 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: 860000000
  • Parcel: READ M:021.0-0000-0364.0
  • Municipality: READING
  • Latitude: 42.5283
  • Longitude: -71.1074

    Address

  • Full Address: 50 Highland St
  • Address - House Number: 50
  • Address - Street Name: Highland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C009
  • 4-Digit Zip Code: 2148
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $697,800

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 689,384
  • High Value: 817,412
  • Low Value: 561,357

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $595,400
  • Assessed Land Value: $378,800
  • Assessed Improvements Value: $216,600

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 190897
  • Previous Sale Recording Date: Mar 28, 2006
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: 48
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:

$869,900

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2136 ft²

Average Home Age

55.6 years

Currently For Sale

38 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

$3,795 /mo

  • 2 Beds
  • 2 Baths
  • 1,236 ft²
200 Quannapowitt Parkway #B5B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72863009

Frequently Asked Questions

When was property at 50 Highland Street built and last sold?
The property at 50 Highland Street was built in 1900 and last sold on Aug 26, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 50 Highland Street is $0.
What are some comparable homes to 50 Highland Street?
There are currently no comparable homes to 50 Highland Street.
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