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Reading 01867
62 Whittier Road
$718,000
● House - Off Market

62 Whittier Road

Reading, MA 01867
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,596 Ft²
$920,381
RealtyHop Estimate
42.69%
Since Jul 1, 2019
MA-Boston
Primary Model

About This Property

It's BIRCH MEADOW.  It's POETS CORNER.  It's a CAPE on the OUTSIDE, but so much like a COLONIAL on the inside. Step from the FARMERS PORCH into the handy MUDROOM.  Do you love to ENTERTAIN? This cook's KITCHEN has an OPEN CONCEPT, blending with the BREAKFAST ROOM and FAMILY ROOM.  There is also a FORMAL DINING ROOM.  The front-to-back LIVING ROOM, with its FIREPLACE and BUILT-INS, would make a perfect GAME/MEDIA ROOM.  Also on the first floor is a POWDER ROOM.  YES, there are really FOUR BEDROOMS and a FULL BATH on the SECOND FLOOR.  One is being used as an IN-HOME OFFICE.  With SUMMER right around the corner, you'll want to take advantage of the OVER-SIZED DECK.  It's perfect for SUNNING and GRILLING.  The YARD is spacious for pets, games, and gardening.  DON'T miss out on one of READING'S FAVORITE NEIGHBORHOODS!!
Unit Size
2,596 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$248
Property Type
House
Property Taxes
$672
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 #72480655)

Price History

Date / Event Date Event Price
Jun 18, 2019 Sold
Premium
Sold
Apr 11, 2019 Listed by Premier Realty Group, Inc. $645,000
Listed by Premier Realty Group, Inc.
Aug 31, 1984 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Basement Area: 1,291
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,580
  • Total Building Area: 2,596
  • Gross Building Area: 4,113
  • Building Area: 2,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000335
  • 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:033.0-0000-0130.0
  • Municipality: READING
  • Latitude: 42.5382
  • Longitude: -71.1066

    Address

  • Full Address: 62 Whittier Rd
  • Address - House Number: 62
  • Address - Street Name: Whittier
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C013
  • 4-Digit Zip Code: 1656
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,020,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 979,496
  • High Value: 1,151,254
  • Low Value: 807,739

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $870,300
  • Assessed Land Value: $479,600
  • Assessed Improvements Value: $390,700

    Sales

  • Current Sale Contract Date: Jun 14, 2019
  • Current Sale Recording Date: Jun 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83619
  • Previous Sale Recording Date: Aug 31, 1984
  • Previous Sale Amount: $113,500
  • 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:

$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

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, 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# 72480655

Frequently Asked Questions

When was property at 62 Whittier Road built and last sold?
The property at 62 Whittier Road was built in 1951 and last sold on Jun 14, 2019 for $718,000.
How much is this home worth?
The estimated value of the home located at 62 Whittier Road is $684,094.
What are some comparable homes to 62 Whittier Road?
There are currently no comparable homes to 62 Whittier Road.
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