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Reading 01867
71 Harrison St
$890,000
● House - Off Market

71 Harrison St

Reading, MA 01867
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,350 Ft²
$1,477,489
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Stunning New Construction home.  Tastefully detailed at every turn; tons of custom design molding, beautiful Coffered and tray ceilings incredible windows, and lighting placement.  Cooks kitchen has top of the line appliances, large island, a bar with wine fridge, and plenty of cabinetry.  Huge Master suite has dual closets, master bath with Soaker tub and zero entrance glass shower.   The Great Room redefines great with a Wet bar and full bath. Situated across from one of Reading's nicest parks you will feel right at home.
Unit Size
4,350 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$207
Property Type
House
Property Taxes
$977
HOA Dues
-
Year Built
2015

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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 #72058145)

Price History

Date / Event Date Event Price
Dec 23, 2016 Sold
Premium
Sold
Aug 25, 2016 Listed by USRealty.com, LLP $899,000
Listed by USRealty.com, LLP
Oct 16, 2014 Sold
Premium
Sold
Sep 11, 2014 Listed by USRealty.com, LLP $359,000
Listed by USRealty.com, LLP

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 1,185
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,102
  • Total Building Area: 4,611
  • Gross Building Area: 6,444
  • Building Area: 4,611
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,611
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 334400

Zoning

  • Zoning: S15

Geography

  • Account Number: 1040000000
  • Parcel: READ M:028.0-0000-0049.0
  • Municipality: READING
  • Latitude: 42.5301
  • Longitude: -71.1004

    Address

  • Full Address: 71 Harrison St
  • Address - House Number: 71
  • Address - Street Name: Harrison
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C029
  • 4-Digit Zip Code: 2646
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,529,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 1,468,734
  • High Value: 1,728,029
  • Low Value: 1,209,440

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,305,200
  • Assessed Land Value: $441,900
  • Assessed Improvements Value: $863,300

    Sales

  • Current Sale Recording Date: Dec 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 231652
  • Previous Sale Recording Date: Oct 16, 2014
  • Previous Sale Amount: $359,000
  • 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

$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

$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# 72058145

Frequently Asked Questions

When was property at 71 Harrison Street built and last sold?
The property at 71 Harrison Street was built in 2015 and last sold on Jan 1, 1970 for $890,000.
How much is this home worth?
The estimated value of the home located at 71 Harrison Street is $965,645.
What are some comparable homes to 71 Harrison Street?
There are currently no comparable homes to 71 Harrison Street.
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