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Reading 01867
83 Winthrop Ave
$491,000
● House - Off Market

83 Winthrop Ave

Reading, MA 01867
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,805 Ft²
$970,807
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Warm and charming 4 bedroom Colonial located in the very desirable Birch Meadow Neighborhood. The updated kitchen has granite counter's, stainless steel appliances and a gas stove. Both bathrooms have been updated as well.  There is a finished playroom in the basement and a walk up attic with plenty of storage.   A short walk to schools, athletic fields, YMCA, library and train station.  Open House Sunday 11-1
Unit Size
1,805 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$266
Property Type
House
Property Taxes
$420
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 #71389952)

Price History

Date / Event Date Event Price
Jul 20, 2012 Sold
Premium
Sold
May 30, 2012 Listed by RE/MAX Heritage, LLC $479,900
Listed by RE/MAX Heritage, LLC
Apr 19, 2006 Sold
Premium
Sold
Jan 18, 2006 Listed by RE/MAX Heritage, LLC $499,900
Listed by RE/MAX Heritage, LLC
Jun 28, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,025
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,061
  • Gross Building Area: 3,646
  • Building Area: 2,061
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,061
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 1120000000
  • Parcel: READ M:027.0-0000-0263.0
  • Municipality: READING
  • Latitude: 42.5327
  • Longitude: -71.1124

    Address

  • Full Address: 83 Winthrop Ave
  • Address - House Number: 83
  • Address - Street Name: Winthrop
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C034
  • 4-Digit Zip Code: 2048
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $987,100

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 905,139
  • High Value: 1,063,857
  • Low Value: 746,420

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $842,200
  • Assessed Land Value: $463,000
  • Assessed Improvements Value: $379,200

    Sales

  • Current Sale Recording Date: Jul 20, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000015
  • Previous Sale Recording Date: Apr 19, 2006
  • Previous Sale Amount: $515,000
  • 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

$4,425 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1P, 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# 71389952

Frequently Asked Questions

When was property at 83 Winthrop Avenue built and last sold?
The property at 83 Winthrop Avenue was built in 1925 and last sold on Jan 1, 1970 for $491,000.
How much is this home worth?
The estimated value of the home located at 83 Winthrop Avenue is $502,925.
What are some comparable homes to 83 Winthrop Avenue?
There are currently no comparable homes to 83 Winthrop Avenue.
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