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Reading 01867
94 Pine Ridge Rd
$428,500
● House - Off Market

94 Pine Ridge Rd

Reading, MA 01867
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,647 Ft²
$888,430
RealtyHop Estimate
101.96%
Since Mar 1, 2008
MA-Boston
Primary Model

About This Property

Location! Location! Location!  Westside Royal Barry Wills Gambrel Cape in the Joshua Eaton school district.  In-ground gunite pool 3' to 5'.  Refrigerator, washer and dryer to remain as gifts to Buyer.
Unit Size
1,647 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$267
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1950

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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 #70696399)

Price History

Date / Event Date Event Price
Feb 29, 2008 Sold
Premium
Sold
Jan 11, 2008 Listed by Boardwalk Real Estate $439,900
Listed by Boardwalk Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 910
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,886
  • Total Building Area: 1,847
  • Gross Building Area: 3,080
  • Building Area: 1,847
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,847
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 14713-2
  • Land Acres: 0000000250
  • 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: 334100

Zoning

  • Zoning: S15

Geography

  • Account Number: 160000000
  • Parcel: READ M:006.0-0000-0120.0
  • Municipality: READING
  • Latitude: 42.5095
  • Longitude: -71.1156

    Address

  • Full Address: 94 Pine Ridge Rd
  • Address - House Number: 94
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C017
  • 4-Digit Zip Code: 3736
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,027,600

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 826,231
  • High Value: 1,005,644
  • Low Value: 646,818

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $876,800
  • Assessed Land Value: $546,400
  • Assessed Improvements Value: $330,400

    Sales

  • Current Sale Recording Date: Feb 29, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01466247
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

2173 ft²

Average Home Age

54 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# 70696399

Frequently Asked Questions

When was property at 94 Pine Ridge Road built and last sold?
The property at 94 Pine Ridge Road was built in 1950 and last sold on Jan 1, 1970 for $428,500.
How much is this home worth?
The estimated value of the home located at 94 Pine Ridge Road is $462,992.
What are some comparable homes to 94 Pine Ridge Road?
There are currently no comparable homes to 94 Pine Ridge Road.
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