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Reading 01867
72 Hanscom Ave
$469,200
● House - Off Market

72 Hanscom Ave

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,402 Ft²
$936,324
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Charming Hip Roof Colonial located in the much sought after Birch Meadow Neighborhood.  Relax in the heated sun room or entertain on the large deck off of the kitchen. Other features include dining room built-ins, eat-in kitchen, fireplace in the living room and pull down attic for extra storage.  A beautiful corner lot with partially fenced yard.  Walk to schools, YMCA, library and commuter rail.  Easy access to 93 and 128/95.  Open House Sunday 6/10/12 from 11-1
Unit Size
1,402 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$328
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1925

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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 #71393436)

Price History

Date / Event Date Event Price
Aug 7, 2012 Sold
Premium
Sold
Jun 7, 2012 Listed by RE/MAX Heritage, LLC $459,900
Listed by RE/MAX Heritage, LLC
Apr 28, 2006 Sold
Premium
Sold
Feb 13, 2006 Listed by RE/MAX Heritage, LLC $479,900
Listed by RE/MAX Heritage, LLC

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 736
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,914
  • Total Building Area: 1,461
  • Gross Building Area: 2,365
  • Building Area: 1,461
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,461
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000228
  • 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: 1010000000
  • Parcel: READ M:027.0-0000-0101.0
  • Municipality: READING
  • Latitude: 42.5318
  • Longitude: -71.1113

    Address

  • Full Address: 72 Hanscom Ave
  • Address - House Number: 72
  • Address - Street Name: Hanscom
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C034
  • 4-Digit Zip Code: 2008
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $885,600

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 836,234
  • High Value: 982,870
  • Low Value: 689,598

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $755,600
  • Assessed Land Value: $462,700
  • Assessed Improvements Value: $292,900

    Sales

  • Current Sale Recording Date: Aug 07, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000016
  • Previous Sale Recording Date: Apr 28, 2006
  • Previous Sale Amount: $469,000
  • 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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, 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# 71393436

Frequently Asked Questions

When was property at 72 Hanscom Avenue built and last sold?
The property at 72 Hanscom Avenue was built in 1925 and last sold on Jan 1, 1970 for $469,200.
How much is this home worth?
The estimated value of the home located at 72 Hanscom Avenue is $478,312.
What are some comparable homes to 72 Hanscom Avenue?
There are currently no comparable homes to 72 Hanscom Avenue.
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