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Reading 01867
78 Whittier Rd
$392,000
● House - Off Market

78 Whittier Rd

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,344 Ft²
$622,708
RealtyHop Estimate
88.76%
Since Apr 1, 2007
MA-Boston
Primary Model

About This Property

This lovingly care-for one-owner full shed Cape is located in the popular Poet's Corner neighborhood of Birch Meadow. It boasts a brand new heating system and newer roof. Traditionally laid out, it also has a screened-in porch off the 1st floor bedroom. The neutral carpet was installed in 2005, covering oak floors. The large 2nd floor bedrooms have exposed oak flooring. There are also window dormers, splashing the upstairs in sunlight.  Be close to all 3 schools & the Y for easy living!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$245
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #70529932)

Price History

Date / Event Date Event Price
Mar 27, 2007 Sold
Premium
Sold
Feb 23, 2007 Listed by Real Living Schruender Real Estate $329,900
Listed by Real Living Schruender Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 2
  • Basement Area: 1,301
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,402
  • Total Building Area: 2,327
  • Gross Building Area: 4,034
  • Building Area: 2,327
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,327
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000285
  • 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: 1390000000
  • Parcel: READ M:033.0-0000-0126.0
  • Municipality: READING
  • Latitude: 42.5375
  • Longitude: -71.1072

    Address

  • Full Address: 78 Whittier Rd
  • Address - House Number: 78
  • Address - Street Name: Whittier
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C013
  • 4-Digit Zip Code: 1656
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $943,000

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 927,198
  • High Value: 1,089,785
  • Low Value: 764,611

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $804,600
  • Assessed Land Value: $471,700
  • Assessed Improvements Value: $332,900

    Sales

  • Current Sale Recording Date: Mar 27, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00053608
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:

$875,000

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2155 ft²

Average Home Age

53.3 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

$3,305 /mo

  • 2 Beds
  • 2 Baths
  • 966 ft²
200 Quannapowitt Parkway #B14P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70529932

Frequently Asked Questions

When was property at 78 Whittier Road built and last sold?
The property at 78 Whittier Road was built in 1950 and last sold on Jan 1, 1970 for $392,000.
How much is this home worth?
The estimated value of the home located at 78 Whittier Road is $354,852.
What are some comparable homes to 78 Whittier Road?
There are currently no comparable homes to 78 Whittier Road.
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