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Reading 01867
633 Pearl Street
$636,000
● House - Off Market

633 Pearl Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,701 Ft²
$892,255
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

MOVE RIGHT IN to this mint 4 bedroom  CAPE on a quiet country road in Reading.  You will be amazed at the spacious open concept Kitchen, Dining Room & Family Room Combo.  4 bedrooms,  Hardwood floors on the first floor.  2 Full baths, including a whirlpool on the 2nd floor.  Great closet space too!  Relax on the enclosed screened porch or on the wrap around deck overlooking a very private back yard. Recent Updates include new windows, skylights & slider to deck, painting, new hot water heater, new HVAC in 2014, Central AC on the first floor, NEST Thermostat , siding,  Full basement & super-sized garage complete your space.  Why wait???  SEE YOU at the OPEN HOUSE on SATURDAY & SUNDAY, JULY 21st & 22nd from 11 to 1 pm.
Unit Size
1,701 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$353
Property Type
House
Property Taxes
$563
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 #72365205)

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold
Premium
Sold
Oct 13, 2021 Listed by Premier Realty Group, Inc. $649,900
Listed by Premier Realty Group, Inc.
Nov 13, 2018 Sold
Premium
Sold
Jul 19, 2018 Listed by Premier Realty Group, Inc. $599,900
Listed by Premier Realty Group, Inc.
Mar 23, 1978 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Area: 1,161
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,533
  • Total Building Area: 1,701
  • Gross Building Area: 3,514
  • Building Area: 1,701
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,701
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000357
  • 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: 2250000000
  • Parcel: READ M:052.0-0000-0051.0
  • Municipality: READING
  • Latitude: 42.555
  • Longitude: -71.1017

    Address

  • Full Address: 633 Pearl St
  • Address - House Number: 633
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C012
  • 4-Digit Zip Code: 1145
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $894,100

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 790,811
  • High Value: 929,483
  • Low Value: 652,140

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $762,900
  • Assessed Land Value: $437,700
  • Assessed Improvements Value: $325,200

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 264399
  • Previous Sale Recording Date: Nov 13, 2018
  • Previous Sale Amount: $636,000
  • 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:

$865,000

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2129 ft²

Average Home Age

56.3 years

Currently For Sale

40 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

$4,675 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1B, 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# 72365205

Frequently Asked Questions

When was property at 633 Pearl Street built and last sold?
The property at 633 Pearl Street was built in 1951 and last sold on Dec 7, 2021 for $691,000.
How much is this home worth?
The estimated value of the home located at 633 Pearl Street is $664,512.
What are some comparable homes to 633 Pearl Street?
There are currently no comparable homes to 633 Pearl Street.
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