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Reading 01867
745 Haverhill St
$430,000
● House - Off Market

745 Haverhill St

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$642,302
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

NATURE'S RETREAT.SURROUNDED BY CONSERVATION AND WETLANDS.TO SETTLE ESTATE.THIS HARD TO FIND 4 BEDROOM(ALL WITH HARDWOOD) 2 BATH IN READING AT THIS PRICE NEEDS WORK BUT LOTS OF POTENTIAL.THE 2 STORY DETACHED GARAGE HAS A LOFT THAT COULD MAKE AN ARTIST STUDIO OR WORKSHOP.THIS IS TWO PARCELS BEING SOLD AS ONE.INCLUDED IS A 2.8 ACRE UNDEVELOPABLE LOT WITH AN ASSESSMENT OF $26,100 AND TAX BILL OF $363 ANNUALLY.SEE DEED AND PUBLIC RECORDS ATTACHED IN MLS.LETTER OF DELEADING COMPLIANCE ATTACHED.POSSIBLE ASBESTOS TILES ON FIRST FLOOR.CURRENT OWNER DOES NOT HAVE FLOOD INSURANCE BUT NEW OWNER MAY BE REQUIRED TO HAVE FLOOD INSURANCE.SHOWINGS SATURDAYFEB 24TH AND SUNDAY FEB 25TH AT OPEN HOUSE 12 TO 2.OFFERS IF ANY EMAILED TO THE LR BY 6PM ON MONDAY FEB 26TH
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$299
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1966

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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: 6 months ago (MLSPIN #72284727)

Price History

Date / Event Date Event Price
Apr 5, 2018 Sold
Premium
Sold
Feb 22, 2018 Listed by Anderson Treacy Real Estate $429,900
Listed by Anderson Treacy Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,001
  • Total Building Area: 1,440
  • Gross Building Area: 1,696
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • 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: S20

Geography

  • Account Number: 2410000000
  • Parcel: READ M:057.0-0000-0047.0
  • Municipality: READING
  • Latitude: 42.5583
  • Longitude: -71.0926

    Address

  • Full Address: 745 Haverhill St
  • Address - House Number: 745
  • Address - Street Name: Haverhill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 1130
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $742,900

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 717,854
  • High Value: 851,169
  • Low Value: 584,539

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $633,900
  • Assessed Land Value: $399,900
  • Assessed Improvements Value: $234,000

    Sales

  • Current Sale Recording Date: Apr 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46181
  • Previous Sale Recording Date: Jul 03, 2008
  • 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:

$879,900

Sale Price/ft²

$455

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2162 ft²

Average Home Age

54 years

Currently For Sale

22 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: 6 months ago
Data Source: MLS PIN, MLS# 72284727

Frequently Asked Questions

When was property at 745 Haverhill Street built and last sold?
The property at 745 Haverhill Street was built in 1966 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 745 Haverhill Street is $444,622.
What are some comparable homes to 745 Haverhill Street?
There are currently no comparable homes to 745 Haverhill Street.
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