$995,000
●
House -
Off Market
8 Scout Hill Ln
Reading, MA 01867
4 Beds
3 Baths
2,490 Ft²
$931,305
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model
About This Property
Welcome Home to 8 Scout Hill Ln! This gorgeous Colonial located on
a cul-de-sac in one of Readings most desirable neighborhoods was
completely gut renovated in 2019! This home boasts a stunning
chef's kitchen w/ granite countertops, custom soft close cabinets,
SS appliances, and oversized island w/ seating. The kitchen opens
up to the sun-drenched living room featuring a whitewashed wood
burning fireplace w/ built ins around it. A formal dining room w/
wainscoting, full bathroom, and the 4th bedroom complete the 1st
floor. Upstairs is 3 spacious bedrooms including the master suite
with custom tile, jetted tub and shower and another full bathroom
with double sinks. The finished lower level has recessed lighting,
new carpet, ample storage and new bulkhead. The newly renovated
back yard has been leveled to create the perfect outdoor oasis
including a paver patio, retaining and rock walls, landscape
lighting, 3 zone irrigation system, fencing, beautiful new
plantings and paved driveway.
Unit Size
2,490 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$369
Property Type
House
Property Taxes
$804
HOA Dues
-
Year Built
1960
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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 #72953306)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by Keller Williams Realty Signature Properties | $919,000 | |
| Listed by Keller Williams Realty Signature Properties | |||
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Sep 11, 2019 | Listed by RE/MAX Destiny | $724,900 | |
| Listed by RE/MAX Destiny | |||
| | |||
|
Beautifully renovated Colonial located on a picturesque cul-de-sac. Short distance from downtown Reading & MBTA. Quality craftsmanship throughout! This home features a gorgeous kitchen w/ granite countertops, soft close custom cabinets & stainless steel appliances. Plenty of counter space & storage for the home chef plus an over sized center island w/ room for seating. Entertain guests in a formal, classic style dining room with custom moldings, wood wainscoting paneled walls & chair rails. Living room offers wood burning fireplace. Main level (1st floor) offer a bonus room: (bedroom, office or play room). Upper level w/ 3 bedrooms. Master BR has brand new en suite spa-like bathroom w/ custom tile work, jetted tub & shower. Newly finished lower level family room w/ recessed lighting, new carpeting, closets, ample storage plus separate workshop room. Updated plumbing & electrical & 2 new central A/C systems. Stamped survey attached shows dimensions & set backs for potential 2 CAR GARAGE
| |||
| Jul 4, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
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