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Reading 01867
557 Haverhill
$530,000
● House - Off Market

557 Haverhill

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,796 Ft²
$743,521
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

A must see beautiful renovated ranch in sought after Reading!  Pride of ownership throughout!    This ranch includes 3 bedrooms, attached one car garage, large private backyard with new stone patio with built in fire pit!  Enjoy entertaining in the kitchen with beautiful  granite counter tops, cherry cabinets and tile floor .  The sunny dining room opens up to a large fire placed living room. This home also features a gorgeous room with a built in custom bar in the basement to watch all your games or to entertain.     **OPEN HOUSE:   Satruday Sept. 29th from 10am to 11:30am   AND  Sunday, Sept .30th from Noon to 2pm. **The Game will be on!  Come join us!**       All Offers Due by Tuesday, October 2nd by 2pm.
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$278
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1954

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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 months ago (MLSPIN #72401847)

Price History

Date / Event Date Event Price
Jan 15, 2021 Sold
Premium
Sold
Sep 2, 2020 Listed by Wellsco, LLC $574,900
Listed by Wellsco, LLC
Nov 16, 2018 Sold
Premium
Sold
Sep 27, 2018 Listed by Wellsco, LLC $499,900
Listed by Wellsco, LLC
Nov 20, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1,222
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,282
  • Total Building Area: 1,959
  • Gross Building Area: 2,881
  • Building Area: 1,959
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,959
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: READING
  • Land Acres: 0000000466
  • 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: 334400

Zoning

  • Zoning: S20

Geography

  • Account Number: 2140000000
  • Parcel: READ M:046.0-0000-0177.0
  • Municipality: READING
  • Latitude: 42.5502
  • Longitude: -71.0953

    Address

  • Full Address: 557 Haverhill St
  • Address - House Number: 557
  • Address - Street Name: Haverhill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 1161
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $797,200

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 755,164
  • High Value: 872,700
  • Low Value: 637,628

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $680,200
  • Assessed Land Value: $388,800
  • Assessed Improvements Value: $291,400

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10184
  • Previous Sale Recording Date: Nov 16, 2018
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: O
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:

$879,000

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2178 ft²

Average Home Age

56.3 years

Currently For Sale

28 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

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 962 ft²
200 Quannapowitt Parkway #A8, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72401847

Frequently Asked Questions

When was property at 557 Haverhill Street built and last sold?
The property at 557 Haverhill Street was built in 1954 and last sold on Jan 6, 2021 for $620,000.
How much is this home worth?
The estimated value of the home located at 557 Haverhill Street is $602,987.
What are some comparable homes to 557 Haverhill Street?
There are currently no comparable homes to 557 Haverhill Street.
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