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Reading 01867 Mishawum
56 Border Rd
Photo of 56 Border Rd
Sold on Aug 8, 2008

1

Map

$365,000
● House - Off Market

56 Border Rd

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,638 Ft²
$775,416
RealtyHop Estimate
98.88%
Since Sep 1, 2008
MA-Boston
Primary Model

About This Property

Looks Can Be Deceiving..,over 1680 SQ FT Of Spacious living! OVERSIZED Cape Cod Style Home, Nestled on Lg Lush Private Lot, Dead End St. F/P Liv RM,H/W Flrs, Spacious Bedrooms, High Ceilings, Two Full Baths, Sun Splashed Three Season Porch Off Kitchen,Newer Roof,Heating,Electrical,Many Newer Windows! Plenty of Space to add Garage!,(One Owner Home),Close to Everything, Shopping,Trans,Highways, Easy Commute To Boston!!
Unit Size
1,638 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$238
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1955

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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 months ago (MLSPIN #70666814)

Price History

Date / Event Date Event Price
Aug 8, 2008 Sold
Premium
Sold
Oct 20, 2007 Listed $389,900
Listed

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,344
  • Total Building Area: 1,638
  • Gross Building Area: 3,216
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000375
  • 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: 70000000
  • Parcel: READ M:003.0-0000-0033.0
  • Municipality: READING
  • Latitude: 42.5059
  • Longitude: -71.1226

    Address

  • Full Address: 56 Border Rd
  • Address - House Number: 56
  • Address - Street Name: Border
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C034
  • 4-Digit Zip Code: 3747
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $760,400

    Appraisal Valuation

  • Standard Deviation: 0.2175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 747,457
  • High Value: 910,088
  • Low Value: 584,826

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $648,800
  • Assessed Land Value: $418,200
  • Assessed Improvements Value: $230,600

    Sales

  • Current Sale Recording Date: Aug 08, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00132215
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 Mishawum

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$429

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2427 ft²

Average Home Age

57 years

Currently For Sale

5 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70666814

Frequently Asked Questions

When was property at 56 Border Road built and last sold?
The property at 56 Border Road was built in 1955 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 56 Border Road is $406,893.
What are some comparable homes to 56 Border Road?
There are currently no comparable homes to 56 Border Road.
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