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Reading 01867
59 Dana Rd
$885,000
● House - Off Market

59 Dana Rd

Reading, MA 01867
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,655 Ft²
$1,182,064
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Introducing 59 Dana Road, an impressive center entrance COLONIAL and the perfect LOCATION just 1m from I95 and 0.2m to Killam Elementary. The first floor offers an ideal layout with an OPEN FLOOR PLAN. EAT-IN KITCHEN with island, classic, high-quality wood cabinets, HIGH CEILINGS and SKYLIGHTS, granite, & double oven which opens up to a fireplaced living room, dining room, and an OFFICE/DEN/PLAYROOM (listed as 5th bedroom).  Oversized MASTER SUITE with WALK-IN CLOSET, jacuzzi tub, high ceilings. Bonus family room in finished basement. Ample storage and closet space, hardwood, crown moldings, and fresh paint throughout.  MUDROOM to make your own.  Layout, high ceilings, and generously sized rooms truly maximize this homes square footage.  Open houses 9/28 & 9/29 11-1p.
Unit Size
3,655 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$227
Property Type
House
Property Taxes
$827
HOA Dues
-
Year Built
1956

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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 #72570176)

Price History

Date / Event Date Event Price
Nov 12, 2019 Sold
Premium
Sold
Sep 25, 2019 Listed by Century 21 CELLI $829,900
Listed by Century 21 CELLI
Apr 28, 2014 Sold
Premium
Sold
Mar 18, 2014 Listed by Century 21 CELLI $519,974
Listed by Century 21 CELLI
Jan 8, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • 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: 1,230
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 3,627
  • Gross Building Area: 4,641
  • Building Area: 3,627
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,627
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: S20

Geography

  • Account Number: 1630000000
  • Parcel: READ M:040.0-0000-0125.0
  • Municipality: READING
  • Latitude: 42.542
  • Longitude: -71.0945

    Address

  • Full Address: 59 Dana Rd
  • Address - House Number: 59
  • Address - Street Name: Dana
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C016
  • 4-Digit Zip Code: 1321
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,286,600

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,202,522
  • High Value: 1,415,256
  • Low Value: 989,788

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,097,800
  • Assessed Land Value: $499,200
  • Assessed Improvements Value: $598,600

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 176500
  • Previous Sale Recording Date: Apr 28, 2014
  • Previous Sale Amount: $528,000
  • 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:

$849,900

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2197 ft²

Average Home Age

55.6 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

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 843 ft²
200 Quannapowitt Parkway #A5aP, 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# 72570176

Frequently Asked Questions

When was property at 59 Dana Road built and last sold?
The property at 59 Dana Road was built in 1956 and last sold on Nov 8, 2019 for $885,000.
How much is this home worth?
The estimated value of the home located at 59 Dana Road is $842,263.
What are some comparable homes to 59 Dana Road?
There are currently no comparable homes to 59 Dana Road.
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