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Reading 01867
55 Whitehall Lane
$322,500
● House - Off Market

55 Whitehall Lane

Reading, MA 01867
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,874 Ft²
$1,193,583
RealtyHop Estimate
251.16%
Since Apr 1, 1999
MA-Boston
Primary Model

About This Property

MULTI LEVEL 4 BEDROOM SPLIT WITH 2.5 BATHS. FORMAL DINING ROOM, DEN, 2 FIREPLACES, ENCLOSED PORCH, FINISHED FAMILY ROOM & 2 CAR GARAGE UNDER. LARGE LANDSCAPED LOT WITH WORK SHOP  AND TOOL SHED. SUPERB LOCATION. EASY SHOW
Unit Size
1,874 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$181
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1963

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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 #30231358)

Price History

Date / Event Date Event Price
Apr 1, 1999 Sold
Premium
Sold
Jun 10, 1998 Listed by Karmichael Realty $339,900
Listed by Karmichael Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1,392
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 23,065
  • Total Building Area: 1,754
  • Gross Building Area: 3,073
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000529
  • 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: 334100

Zoning

  • Zoning: S20

Geography

  • Account Number: 150000000
  • Parcel: READ M:006.0-0000-0053.0
  • Municipality: READING
  • Latitude: 42.5102
  • Longitude: -71.1207

    Address

  • Full Address: 55 Whitehall Ln
  • Address - House Number: 55
  • Address - Street Name: Whitehall
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Reading
  • Carrier Code: C017
  • 4-Digit Zip Code: 3771
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,153,700

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 987,353
  • High Value: 1,161,175
  • Low Value: 813,531

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $984,400
  • Assessed Land Value: $598,100
  • Assessed Improvements Value: $386,300

    Sales

  • Current Sale Recording Date: Apr 01, 1999
  • Current Sale Price:
    Premium
  • Current 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30231358

Frequently Asked Questions

When was property at 55 Whitehall Lane built and last sold?
The property at 55 Whitehall Lane was built in 1963 and last sold on Jan 1, 1970 for $322,500.
How much is this home worth?
The estimated value of the home located at 55 Whitehall Lane is $0.
What are some comparable homes to 55 Whitehall Lane?
There are currently no comparable homes to 55 Whitehall Lane.
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