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Reading 01867
7 Tanglewood Circle
$622,000
● House - Off Market

7 Tanglewood Circle

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$978,944
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

AMAZING!!!!!!         Contemporary Ranch! Additions ! UPDATES Galore! Too many to list. See listing sheet at home. Start with a Cul-de-sac location, over 20,000 sf of your own private oasis of a yard, including garden and sitting areas, two private sitting decks, to the inside with hardwoods, updated windows, roof, heating, hot water, master suite that includes a sitting room and FP! Second bedroom with built ins and  Juliet balcony. Specialty woodwork and doors throughout. Updated 2 full baths! Dining room that leads to gorgeous deck for outdoor eating. Second level cathedral ceiling family room for family fun! Basement re-done..... spotless! A must see home. Kitchen updated granite.  A beautifully loved home with truly so many special details.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$274
Property Type
House
Property Taxes
$614
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 #72161649)

Price History

Date / Event Date Event Price
Aug 18, 2017 Sold
Premium
Sold
May 10, 2017 Listed by Realty Executives Boston West $629,900
Listed by Realty Executives Boston West
Apr 29, 2014 Sold
Premium
Sold
Apr 2, 2014 Listed by Realty Executives Boston West $559,900
Listed by Realty Executives Boston West

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,961
  • Total Building Area: 2,011
  • Gross Building Area: 3,065
  • Building Area: 2,011
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,011
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000481
  • 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: 1210000000
  • Parcel: READ M:026.0-0000-0191.0
  • Municipality: READING
  • Latitude: 42.5343
  • Longitude: -71.1207

    Address

  • Full Address: 7 Tanglewood Cir
  • Address - House Number: 7
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Reading
  • Carrier Code: C031
  • 4-Digit Zip Code: 1559
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $951,300

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 885,942
  • High Value: 1,041,295
  • Low Value: 730,590

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $811,700
  • Assessed Land Value: $502,700
  • Assessed Improvements Value: $309,000

    Sales

  • Current Sale Recording Date: Aug 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133188
  • Previous Sale Recording Date: Apr 29, 2014
  • Previous Sale Amount: $559,100
  • 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

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72161649

Frequently Asked Questions

When was property at 7 Tanglewood Circle built and last sold?
The property at 7 Tanglewood Circle was built in 1956 and last sold on Jan 1, 1970 for $622,000.
How much is this home worth?
The estimated value of the home located at 7 Tanglewood Circle is $661,610.
What are some comparable homes to 7 Tanglewood Circle?
There are currently no comparable homes to 7 Tanglewood Circle.
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