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Reading 01867
849 Main St.
Photo of 849 Main St.
Sold on May 2, 2007

1

Map

$385,000
● House - Off Market

849 Main St.

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,539 Ft²
$726,875
RealtyHop Estimate
86.91%
Since Jun 1, 2007
MA-Boston
Primary Model

About This Property

Beautiful 3 bedroom Colonial with farmer's porch.  Features open concept living/dining/family room with beautiful hardwood floors, new roof, central ac, updated eat in kitchen with stainless steel appliances and maple cabinets, finished basement for use as office/playroom, 2 car garage, plentiful parking, and large backyard great for entertaining. Easy access to 128, shopping, restuarants and parks. SELLER TO PAY UP TO $3000 FOR CLOSING COSTS WITH ACCEPTABLE OFFER.
Unit Size
1,539 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$253
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1890

Payment Calculator

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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: 4 months ago (MLSPIN #70494428)

Price History

Date / Event Date Event Price
May 2, 2007 Sold
Premium
Sold
Nov 29, 2006 Listed $388,900
Listed
Apr 29, 2004 Sold
Premium
Sold
Feb 25, 2004 Listed by William Raveis R.E. & Home Services $339,900
Listed by William Raveis R.E. & Home Services
FANTASTIC COLONIAL W/GLEAMING HW FLOORS, FORMAL LIVING ROOM W/FP, SUN-DRENCHED FAMILY RM. BEAUTIFUL UPDATED KITCHEN WITH MAPLE CABINETS, CENTER ISLAND, NEWER APPLIANCES. SUNNY 3 BRS & BATH ON 2ND FLR. GREAT LL WITH 1/2 BATH, LAUNDRY HOOK-UPS
Jul 31, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 937
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,951
  • Total Building Area: 1,653
  • Gross Building Area: 3,184
  • Building Area: 1,653
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,653
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • 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: S15

Geography

  • Account Number: 1150000000
  • Parcel: READ M:028.0-0000-0142.0
  • Municipality: READING
  • Latitude: 42.531
  • Longitude: -71.103

    Address

  • Full Address: 849 Main St
  • Address - House Number: 849
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C009
  • 4-Digit Zip Code: 1710
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $737,000

    Appraisal Valuation

  • Standard Deviation: 0.2175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 761,390
  • High Value: 927,053
  • Low Value: 595,728

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $628,800
  • Assessed Land Value: $359,100
  • Assessed Improvements Value: $269,700

    Sales

  • Current Sale Recording Date: May 02, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00081664
  • Previous Sale Recording Date: Jul 31, 1997
  • Previous Sale Amount: $165,000
  • 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:

$866,500

Sale Price/ft²

$457

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2107 ft²

Average Home Age

60.3 years

Currently For Sale

42 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

$3,115 /mo

  • 1 Bed
  • 1 Bath
  • 893 ft²
200 Quannapowitt Parkway #A6, 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# 70494428

Frequently Asked Questions

When was property at 849 Main Street built and last sold?
The property at 849 Main Street was built in 1890 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 849 Main Street is $402,160.
What are some comparable homes to 849 Main Street?
There are currently no comparable homes to 849 Main Street.
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