1005 Main Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Coldwell Banker Realty - North Reading | $619,000 | |
| Listed by Coldwell Banker Realty - North Reading | |||
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Welcome Home! This is your chance to own a move-in ready home in the Birch Meadow area of Reading. W/ 3 beds and 1 bath, this lovely home is just waiting for its new owners. Step inside to an open concept living room w/ beautifully refinished hardwood floors and an abundance of natural light, complemented by recessed lighting throughout. The refreshed kitchen features quartz countertops, backsplash, and a new dishwasher. The kitchen has been opened to the dining room, creating a bright and open feel. Three generous sized bedrooms and full bath allowing for one level living. Fresh paint and new custom doors can be found throughout the home. The spacious basement offers high ceilings and plenty of potential for expansion, w/ walk-out access to a level backyard that’s perfect for entertaining. All this, plus a location close to all Reading's Birch schools, High school, parks, downtown, the commuter rail, shopping, restaurants, and major highway. See feature sheet for all updates.
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| Jan 12, 2024 | Sold | ||
| Sold | |||
| Dec 13, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017