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Reading 01867
976 Main Street
$403,000
● House - Off Market

976 Main Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,727 Ft²
$819,548
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

SUPER SIZED RANCH with Room for Everyone in the Family!!!  SUPER LOCATION,  Students can take  just a quick walk without crossing the street  to BIRCH MEADOW, COOLIDGE & READING HIGH SCHOOLS.  This amazing RANCH  features 4 BEDROOMS, CHERRY & GRANITE KITCHEN with 2 sinks, DINING ROOM, FIREPLACED LIVING ROOM,  HARDWOOD FLOORS,.  Large MASTER BEDROOM with Spa Bath en suite with Whirlpool & Shower. & NEW MAIN FULL BATH too!   Laundry on main & lower level.  Wrap around deck overlooks a very private & serene back yard,  Second deck on other side of house.    Additional 2 car driveway tucked away in front of the house and parking for 6 plus in the driveway!   2 CAR GARAGE & BARN too!  Plenty of Storage and additional rooms in the walk out lower level.
Unit Size
2,727 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$165
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1951

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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 #71739130)

Price History

Date / Event Date Event Price
Dec 2, 2014 Sold
Premium
Sold
Sep 5, 2014 Listed by Premier Realty Group, Inc. $449,900
Listed by Premier Realty Group, Inc.
May 9, 2003 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,024
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,259
  • Total Building Area: 2,727
  • Gross Building Area: 4,762
  • Building Area: 2,727
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,727
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000878
  • Standard Land Use Code: 9110
  • County Land Use Code: 950

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: READING SD
  • Census Tract: 334300

Zoning

  • Zoning: S15

Geography

  • Account Number: 1390000000
  • Parcel: READ M:033.0-0000-0139.0
  • Municipality: READING
  • Latitude: 42.537
  • Longitude: -71.1055

    Address

  • Full Address: 976 Main St
  • Address - House Number: 976
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C009
  • 4-Digit Zip Code: 1720
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2016
  • Tax Amount: $682,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $820,600
  • Assessed Land Value: $435,200
  • Assessed Improvements Value: $385,400

    Sales

  • Current Sale Recording Date: Dec 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 185080
  • Previous Sale Recording Date: May 09, 2003
  • Previous Sale Amount: $169,900
  • 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

$2,740 /mo

  • Studio
  • 1 Bath
  • 725 ft²
200 Quannapowitt Parkway #S4, 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# 71739130

Frequently Asked Questions

When was property at 976 Main Street built and last sold?
The property at 976 Main Street was built in 1951 and last sold on Jan 1, 1970 for $403,000.
How much is this home worth?
The estimated value of the home located at 976 Main Street is $490,380.
What are some comparable homes to 976 Main Street?
There are currently no comparable homes to 976 Main Street.
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