$550,000
●
Condo -
Off Market
101 Gazebo Circle #101
Reading, MA 01867
2 Beds
2 Baths
1,197 Ft²
$554,667
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model
About This Property
Picture yourself and your belongings in this SINGLE LEVEL unit at
Summit Village. Enjoy the convenient placement of your THIRD
parking space right outside the front door of your corner unit!
Inside features include new flooring in the living room, dining
area and kitchen, a gas fireplace, a pass through from kitchen to
dining area and a slider to the covered balcony. Ensuite
bedroom with walk-in closet and full bath. Guest bath.
Access the 1 car garage with lots of built-in shelves to
maximize storage via the utility room. Kitchen features new
stainless appliances. Roofs in complex are approximately 10
years old. Pella windows and storm door installed
approximately 2010. A/C compressor replaced in 2020.
Dogs up to 30 pounds allowed. All this a stone's throw from
major highway access. Showings start at Open House March 11
and 12 from 12 - 1:30
Unit Size
1,197 Ft²
Days on Market
-
Land Size
-
Price per sqft
$455
Property Type
Condo
Property Taxes
$459
HOA Dues
$385
Year Built
-
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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 years ago (MLSPIN #73085035)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2023 | Sold | ||
| Sold | |||
| Mar 13, 2023 | In contract | - | |
| In contract | |||
| Mar 6, 2023 | Listed by ERA Key Realty Services | $545,000 | |
| Listed by ERA Key Realty Services | |||
| Sep 30, 2008 | Sold | ||
| Sold | |||
| Aug 7, 2008 | Listed | $359,900 | |
| Listed | |||
 | |||
|
Desirable first floor unit in great location. Walk to town or train. The Exeter Model in beautiful Summit Village. Lovely landscaping and look out to Gazebo in front. Wonderful spacious floor plan, kitchen with eating area, dining room w/sliders to balcony. Master bedroom with Master Bath & walk-in closet. Guest room with full bath. Large laundry room with storage, central AC, 2 car parking. MINT CONDITION!
| |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 14
Length: 9
Features: Flooring - Vinyl
Area: 126
Level: First
Features: Bathroom - 3/4
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 13
Length: 11
Area: 143
Width: 11
Features: Flooring - Vinyl, Balcony - Exterior, Slider
Length: 10
Level: First
Area: 110
Features: Bathroom - Full
Level: First
Length: 13
Level: First
Area: 195
Features: Flooring - Vinyl
Width: 15
Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: First
Length: 12
Width: 16
Area: 192
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Vinyl, Carpet
Laundry Features: Flooring - Vinyl, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Village
Structure Type: Garden
Other Structures: Gazebo
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Covered
Lead Paint: None
Lot Size Units: Acres
Zoning: A-15
Parcel Number: 730649
Water Source: Public
Financial Details
Tax Assessed Value: $413,400
Tax Annual Amount: $5,511
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Snow Removal
HOA Fee: $385
Community Features: Shopping, Highway Access
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/06/2023
|
2 Bed
|
2 Bath
|
1197 ft²
|
$545,000
2 Bed
2 Bath
1197 ft²
|
$550,000
+0.92%
04/24/2023
|
Kathy Devine
ERA Key Realty Services
| |
|
08/07/2008
|
2 Bed
|
2 Bath
|
1197 ft²
|
$359,900
2 Bed
2 Bath
1197 ft²
|
$338,500
-5.95%
09/30/2008
|
Judy Mason
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
06/04/2007
|
2 Bed
|
2 Bath
|
1197 ft²
|
$369,900
2 Bed
2 Bath
1197 ft²
|
$360,000
-2.68%
07/24/2007
|
Judy Mason
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017