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Reading 01867
56 Tennyson Road
$429,900
● House - Off Market

56 Tennyson Road

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,728 Ft²
$779,390
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Don't miss a chance to join the popular BIRCH MEADOW neighborhood of POETS CORNER!  This SEVEN ROOM CAPE has  HARDWOOD FLOORS in  the FIREPLACEd living room, the formal DINING ROOM, the first floor BEDROOM (opened and turned into a den/office) and also in the  two  HUGE second floor bedrooms.   The FIRST FLOOR FAMILY ROOM ADDITION is splashed in sunlight, overlooking the pretty back yard.  Add your granite counters to this updated  kitchen to make it "pop".   There is a bonus PLAYROOM in the lower level.  All windows throughout are HARVEY REPLACEMENTS.   Enjoy the ease of all the schools being so close, along with the Reading YMCA.  This is a one-owner home, cared for with love.  It's now ready for its next chapter.  SHOWINGS BEGIN AT THE FRIDAY COMMUTER OPEN HOUSE 5:30 to 7PM.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$249
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1951

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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 #71677636)

Price History

Date / Event Date Event Price
Jul 10, 2014 Sold
Premium
Sold
May 8, 2014 Listed by Premier Realty Group, Inc. $429,900
Listed by Premier Realty Group, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 7
  • Basement Area: 1,230
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,682
  • Total Building Area: 2,883
  • Gross Building Area: 3,994
  • Building Area: 2,883
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,883
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000199
  • 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: 1390000000
  • Parcel: READ M:033.0-0000-0113.0
  • Municipality: READING
  • Latitude: 42.5383
  • Longitude: -71.1077

    Address

  • Full Address: 56 Tennyson Rd
  • Address - House Number: 56
  • Address - Street Name: Tennyson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C013
  • 4-Digit Zip Code: 1652
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $992,800

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 918,618
  • High Value: 1,079,701
  • Low Value: 757,536

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $847,100
  • Assessed Land Value: $458,200
  • Assessed Improvements Value: $388,900

    Sales

  • Current Sale Recording Date: Jul 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 97344
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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,555 /mo

  • 1 Bed
  • 1 Bath
  • 722 ft²
200 Quannapowitt Parkway #A1-G2, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71677636

Frequently Asked Questions

When was property at 56 Tennyson Road built and last sold?
The property at 56 Tennyson Road was built in 1951 and last sold on Jan 1, 1970 for $429,900.
How much is this home worth?
The estimated value of the home located at 56 Tennyson Road is $457,046.
What are some comparable homes to 56 Tennyson Road?
There are currently no comparable homes to 56 Tennyson Road.
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