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Reading 01867
58 Grand Street
$541,000
● House - Off Market

58 Grand Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,004 Ft²
$975,006
RealtyHop Estimate
80.59%
Since Aug 1, 2006
MA-Boston
Primary Model

About This Property

Within walking distance to library & train, this warm & inviting, 7+RM, Dutch Col is located in fab family n'hood. Enjoy summer cook-outs on new, beautifully-designed deck & fully fenced-in private yard. FP'd LR w/blt-in bookcase; gorg blt-in hutch in DR; eat-in kit w/new appliances; bright & sunny den/office; cozy screened-in porch. With 3BR's "up," playrm in LL, 3rd floor offering add'l playroom/storage space, HW flrs thruout & 2 car gar w/loft, you won't want to miss a tour of this charmer!
Unit Size
2,004 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$269
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1927

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70360636)

Price History

Date / Event Date Event Price
Jul 24, 2006 Sold
Premium
Sold
Apr 3, 2006 Listed by Colonial Manor Realty $539,900
Listed by Colonial Manor Realty
Jul 25, 1997 Sold
Premium
Sold
Apr 23, 1997 Listed by Colonial Manor Realty $264,900
Listed by Colonial Manor Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,204
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,951
  • Total Building Area: 2,296
  • Gross Building Area: 3,902
  • Building Area: 2,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • 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: 334200

Zoning

  • Zoning: S15

Geography

  • Account Number: 830000000
  • Parcel: READ M:021.0-0000-0254.0
  • Municipality: READING
  • Latitude: 42.5277
  • Longitude: -71.1131

    Address

  • Full Address: 58 Grand St
  • Address - House Number: 58
  • Address - Street Name: Grand
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 2413
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,012,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,011,920
  • High Value: 1,170,201
  • Low Value: 853,639

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $863,700
  • Assessed Land Value: $443,500
  • Assessed Improvements Value: $420,200

    Sales

  • Current Sale Recording Date: Jul 24, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00137685
  • Previous Sale Recording Date: Jul 25, 1997
  • Previous Sale Amount: $262,000
  • Previous 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:

$866,500

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2107 ft²

Average Home Age

60.3 years

Currently For Sale

42 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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, 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# 70360636

Frequently Asked Questions

When was property at 58 Grand Street built and last sold?
The property at 58 Grand Street was built in 1927 and last sold on Jan 1, 1970 for $541,000.
How much is this home worth?
The estimated value of the home located at 58 Grand Street is $559,162.
What are some comparable homes to 58 Grand Street?
There are currently no comparable homes to 58 Grand Street.
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