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Reading 01867
6 White Oaks
$1,025,000
● House - Off Market

6 White Oaks

Reading, MA 01867
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,000 Ft²
$1,406,397
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Beautiful and sunlit Carriage Home in a serene wooded setting surrounded by conservation areas. All the amenities of a single family home with the luxury of no maintenance! Choose your own finishes while still under construction!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$343
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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 #72582750)

Price History

Date / Event Date Event Price
Jun 15, 2020 Sold
Premium
Sold
Oct 21, 2019 Listed by Glover Brokerage Corporation $1,029,000
Listed by Glover Brokerage Corporation

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 3,580
  • Gross Building Area: 5,560
  • Building Area: 3,580
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,580
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: READING SD
  • Census Tract: 334100

Geography

  • Account Number: 58A000010
  • Parcel: READ M:019.0-0819-0003.0
  • Municipality: READING
  • Latitude: 42.525
  • Longitude: -71.13

    Address

  • Full Address: 6 White Oaks Ln
  • Address - House Number: 6
  • Address - Street Name: White Oaks
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Reading
  • Carrier Code: C019
  • 4-Digit Zip Code: 4607
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,417,200

    Appraisal Valuation

  • Standard Deviation: 0.1803
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 1,285,308
  • High Value: 1,517,145
  • Low Value: 1,053,471

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,209,200
  • Assessed Improvements Value: $1,209,200

    Sales

  • Current Sale Contract Date: Jun 09, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 14
  • Current Sale Input Document Number: 93060
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

2173 ft²

Average Home Age

54 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72582750

Frequently Asked Questions

When was property at 6 White Oaks Lane built and last sold?
The property at 6 White Oaks Lane was built in 2019 and last sold on Jun 9, 2020 for $1,029,000.
How much is this home worth?
The estimated value of the home located at 6 White Oaks Lane is $1,063,030.
What are some comparable homes to 6 White Oaks Lane?
There are currently no comparable homes to 6 White Oaks Lane.
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