400 MainReading, MA 01867

  • Office buildings
  • 1,453 SF
Off market
$586,040 Estimated

Property Details for 400 Main

Year built
1963
Construction
FRAME
Lot size
0.06 AC
Property size (Sq ft)
1,453 SF
Zone code
BUSB
Property type
Office buildings
APN
READ M:017.0-0000-0026.0
APU
READM0170000000260

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $240,224
    6.5%
    $221,746
    7%
    $205,907
  • Comparable approach

    Method
    Valuation
    Relative Method
    $189,849
    Geo Method
    $189,849
  • Alternative Use

    Use
    Valuation
    Residential
    $274,964
    Hospitality
    $251,866
    Educational
    $209,550
    Medical
    $216,756
    Retail
    $325,966

Location Insight

City
Reading
County
Middlesex
State
Massachusetts
Latitude
42.5203
Longitude
-71.1035
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,129
$139,800
$257,200
$397,000
-
-
-
-

Property Visit Statistics

  • Visits by month
    34.0k
  • Visitors by month
    21.7k
  • Avg Time on site
    8 min

FAQs

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