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Reading 01867
78 Mount Vernon Street
Photo of 78 Mount Vernon Street
Sold on Oct 31, 2008

1

Map

$375,000
● House - Off Market

78 Mount Vernon Street

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,426 Ft²
$774,200
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model

About This Property

Gorgeous and inviting colonial with a unique open floor plan;lovely foyer,1st floor familyroom ,formal LR & DR, eat-in kitchen and a bright 3 season porch.Lots of updates are;two new baths, 2nd floor bath with double sinks and whirlpool tub. Newer roof,hot water heater, paint,and many updates to the kitchen.Pretty fenced in yard with patio.Enjoy this very desirable library location with easy access to shops, train and town services. Great curb appeal. Plasure to show. GREAT VALUE.
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$263
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1890

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #70759400)

Price History

Date / Event Date Event Price
Sep 27, 2012 Sold
Premium
Sold
Oct 31, 2008 Sold
Premium
Sold
May 10, 2008 Listed $374,900
Listed
Jul 1, 2003 Sold
Premium
Sold
Apr 24, 2003 Listed by Leading Edge Real Estate $369,900
Listed by Leading Edge Real Estate
LOVELY 7RM, 3 BED 2 BA COL FEAT. SPACIOUS RMS, PRETTY FOYER, 1ST FLR DEN, 3 SEAS PORCH, NEW 2ND FLR BATH WITH DOUB. SINK & WHIRLPOOL TUB. FENCED-IN YARD, GREAT LOC. TO TRAIN, TOWN & LIBRARY.
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 893
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,922
  • Total Building Area: 1,440
  • Gross Building Area: 2,931
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000159
  • 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: 334200

Zoning

  • Zoning: S15

Geography

  • Account Number: 730000000
  • Parcel: READ M:021.0-0000-0130.0
  • Municipality: READING
  • Latitude: 42.524
  • Longitude: -71.1107

    Address

  • Full Address: 78 Mount Vernon St
  • Address - House Number: 78
  • Address - Street Name: Mount Vernon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C003
  • 4-Digit Zip Code: 2540
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $842,100

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 741,775
  • High Value: 902,849
  • Low Value: 580,701

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $718,500
  • Assessed Land Value: $429,600
  • Assessed Improvements Value: $288,900

    Sales

  • Current Sale Recording Date: Sep 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000020
  • Previous Sale Recording Date: Oct 31, 2008
  • Previous Sale Amount: $375,000
  • 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:

$872,400

Sale Price/ft²

$458

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2050 ft²

Average Home Age

53.2 years

Currently For Sale

36 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: 5 months ago
Data Source: MLS PIN, MLS# 70759400

Frequently Asked Questions

When was property at 78 Mt Vernon Street built and last sold?
The property at 78 Mt Vernon Street was built in 1890 and last sold on Jan 1, 1970 for $38,000.
How much is this home worth?
The estimated value of the home located at 78 Mt Vernon Street is $396,051.
What are some comparable homes to 78 Mt Vernon Street?
There are currently no comparable homes to 78 Mt Vernon Street.
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