$701,000
●
Condo -
Off Market
10 Pierce #6
Reading, MA
3 Beds
4 Baths,
1
Half Bath
2,200 Ft²
$832,490
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Welcome to Pierce Place Townhomes. This townhouse consists of
approximately 2200 sq ft of living space on 3 floors. 3 BRs/3.5
Baths. The 1st floor has 9' ceilings. Gas fireplaced LR. DR. Eat in
kitchen w granite counters & tile backsplash. SS appliances w/ gas
range. Double pantry closet. Half bath. Access to the garage. The
2nd floor has a MBR with a walk in closet and full bath. The master
bath has a double vanity and a tiled stall shower. Family BR.
Hallway full bath. Laundry closet. Access to the deck. The 3rd
floor offers a FR and a 3rd BR w a full bath and walk in closet
that could be used as the MBR. HW floors throughout. All bathrooms
have tile floors and granite vanity tops. Crown molding in the LR &
DR. The exclusive roof deck area is 25'x20'. HW heater is 6
months old. Sprinkler system throughout the unit. Large unfinished
basement for storage. Walk to the center of town(.5mi) and
the commuter rail(.9mi). Easy access to 128 & 93/Shopping
/Restaurants/Lynnfield Marketplace
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$318
Property Type
Condo
Property Taxes
$704
HOA Dues
$266
Year Built
-
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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 years ago (MLSPIN #72807208)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Leading Edge Real Estate | $699,900 | |
| Listed by Leading Edge Real Estate | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Main
Width: 11
Length: 12
Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Crown Molding
Area: 132
Level: Second
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Second
Features: Closet, Flooring - Hardwood
Width: 12
Length: 15
Area: 180
Width: 12
Features: Flooring - Hardwood, Recessed Lighting, Crown Molding
Length: 15
Level: Main
Area: 180
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Cable Hookup
Width: 16
Length: 17
Area: 272
Level: Third
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Double Vanity
Level: Second
Length: 21
Level: Main
Area: 252
Features: Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Crown Molding
Width: 12
Length: 19
Level: Third
Features: Flooring - Hardwood, Cable Hookup
Width: 11
Area: 209
Features: Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Hardwood, Cable Hookup, Double Vanity
Level: Second
Length: 19
Width: 12
Area: 228
Features: Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Level: Third
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Internet Available - Unknown
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood
Laundry Features: Laundry Closet, Second Floor, In Unit, Washer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Storage, Insulated, Off Street, Tandem, Guest, Driveway, Paved, Exclusive Parking
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Pierce Place Condominiums
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Cement Board
Patio and Porch Features: Deck - Roof
Lead Paint: Unknown
Lot Size Area: 0.46
Lot Size Units: Acres
Lot Size Acres: 0.46
Zoning: Res
Parcel Number: 4916713
Water Source: Public
Financial Details
Tax Map Number: 022.0
Tax Assessed Value: $611,600
Tax Annual Amount: $8,446
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $266
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017