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Reading 01867
91 Spruce Rd
$610,000
● House - Off Market

91 Spruce Rd

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,106 Ft²
$1,207,826
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Walk to Birch Meadow Schools, Park & YMCA from this classic colonial w/a lovely entry foyer, beautiful fireplace livingroom w/built in book cases, formal diningroom, 1st fl den and eat in kitchen. Master bedroom has a bath,a walk-in closet, window seat & a wall of built ins. Special features incl: Gleaming hw floors, walkup attic, low maintenance exterior, screen porch w/adjoining mahogany deck, brick patios & walkways lead to a 32x16 foot heated inground pool. Gorgeous 1/2 acre private lot
Unit Size
2,106 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$275
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1968

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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 #71434273)

Price History

Date / Event Date Event Price
Oct 26, 2012 Sold
Premium
Sold
Sep 12, 2012 Listed by Boardwalk Real Estate $579,900
Listed by Boardwalk Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,118
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,042
  • Total Building Area: 2,587
  • Gross Building Area: 4,056
  • Building Area: 2,587
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,587
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: S20

Geography

  • Account Number: 1350000000
  • Parcel: READ M:032.0-0000-0225.0
  • Municipality: READING
  • Latitude: 42.5396
  • Longitude: -71.1189

    Address

  • Full Address: 91 Spruce Rd
  • Address - House Number: 91
  • Address - Street Name: Spruce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C031
  • 4-Digit Zip Code: 1446
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,118,400

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,074,554
  • High Value: 1,263,684
  • Low Value: 885,425

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $954,300
  • Assessed Land Value: $499,400
  • Assessed Improvements Value: $454,900

    Sales

  • Current Sale Recording Date: Oct 26, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000023
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:

$849,900

Sale Price/ft²

$457

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71434273

Frequently Asked Questions

When was property at 91 Spruce Road built and last sold?
The property at 91 Spruce Road was built in 1968 and last sold on Jan 1, 1970 for $610,000.
How much is this home worth?
The estimated value of the home located at 91 Spruce Road is $607,836.
What are some comparable homes to 91 Spruce Road?
There are currently no comparable homes to 91 Spruce Road.
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