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Reading 01867
87 Hanscom Avenue
$460,000
● House - Off Market

87 Hanscom Avenue

Reading, MA 01867
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,768 Ft²
$810,581
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

This charming SEVEN ROOM DUTCH COLONIAL is nestled in a much sought-after BIRCH MEADOW neighborhood.  Benefit from all the work the sellers have done: NEW ROOF 2012 with ice shield, UPDATED 200 amp electrical, NEW GAS HEAT 2006, NEW HOT WATER 2011, NEW LL FAMILY ROOM with NEW FULL BATH!  Enjoy HARDWOOD floors in most rooms.  The ENCLOSED heated PORCH makes for the perfect year-round reading room!  Large yard, partially fenced with NEW white vinyl fencing!  Close to Elementary, Middle and High schools and the YMCA!  DON'T MISS OUT!  MOVE RIGHT IN!
Unit Size
1,768 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$240
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1910

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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 #71600293)

Price History

Date / Event Date Event Price
Dec 20, 2013 Sold
Premium
Sold
Oct 23, 2013 Listed by Premier Realty Group, Inc. $424,900
Listed by Premier Realty Group, Inc.
Mar 16, 2007 Sold
Premium
Sold
Jul 10, 2006 Listed by Premier Realty Group, Inc. $384,900
Listed by Premier Realty Group, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 696
  • 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: 1,879
  • Gross Building Area: 2,444
  • Building Area: 1,879
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,879
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDWIN C HANSCOM
  • 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: 1130000000
  • Parcel: READ M:027.0-0000-0311.0
  • Municipality: READING
  • Latitude: 42.5328
  • Longitude: -71.1114

    Address

  • Full Address: 87 Hanscom Ave
  • Address - House Number: 87
  • Address - Street Name: Hanscom
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Reading
  • Carrier Code: C034
  • 4-Digit Zip Code: 2009
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $900,700

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 820,707
  • High Value: 964,621
  • Low Value: 676,794

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $768,500
  • Assessed Land Value: $463,000
  • Assessed Improvements Value: $305,500

    Sales

  • Current Sale Recording Date: Dec 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 259581
  • Previous Sale Recording Date: Mar 16, 2007
  • Previous Sale Amount: $371,250
  • 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:

$857,450

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2197 ft²

Average Home Age

55.6 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

$4,030 /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: 4 months ago
Data Source: MLS PIN, MLS# 71600293

Frequently Asked Questions

When was property at 87 Hanscom Avenue built and last sold?
The property at 87 Hanscom Avenue was built in 1910 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 87 Hanscom Avenue is $455,950.
What are some comparable homes to 87 Hanscom Avenue?
There are currently no comparable homes to 87 Hanscom Avenue.
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