$554,000
●
Condo -
Off Market
106 Gazebo Cir #106
Reading, MA 01867
2 Beds
3 Baths,
1
Half Bath
1,168 Ft²
$3,490
Est. Monthly
$426
HOA / Fees
4.32%
Cap Rate
About This Property
MOTIVATED SELLER!! Welcome to this beautifully updated 2-bedroom,
3-bathroom townhouse, located in highly desirable Summit Village of
Reading. This well-maintained unit offers a perfect blend of
comfort and convenience. Step inside to find brand new hardwood
floors throughout the main living areas, adding a touch of modern
elegance. The kitchen features a new stove, ideal for preparing
your favorite meals, and a new hot water heater (2022) ensures
energy efficiency. Stay cool during warmer months with the new A/C
unit and rest easy knowing the ducts have been recently cleaned.
Enjoy outdoor living on your newly updated deck, perfect for
relaxing or entertaining. Visitor parking is conveniently located
just across from the unit, and the condo includes a garage spot in
the first building of the complex for added convenience. With all
these updates and amenities, this unit is move-in ready and waiting
for you to call it home!
Unit Size
1,168 Ft²
Days on Market
-
Land Size
-
Price per sqft
$449
Property Type
Condo
Property Taxes
$485
HOA Dues
$426
Year Built
1996
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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: 2 years ago (MLSPIN #73301414)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by Keller Williams Realty | $525,000 | |
| Listed by Keller Williams Realty | |||
| Sep 14, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Redfin Corp. | $394,900 | |
| Listed by Redfin Corp. | |||
| | |||
|
Stunning Townhouse in the Highly Desirable Summit Village Gazebo Circle! Open and bright main level with an Eat-in Kitchen, In-Unit Laundry, Living Room with a gas fireplace, sliders leading out to a private balcony & a dining area just off the kitchen and living room, perfect for entertaining! Upstairs you will find a Master Suite with ensuite, 2 large closets & a second private balcony! Another spacious bedroom & bathroom complete the upstairs. This unit has attic storage & an attached garage plus 2 parking spaces. Located in a quiet residential area, well landscaped & maintained, just minutes from Rte 93, Train & Shopping. Nothing to do but move in and enjoy! All offers due 3pm Saturday Aug 8th.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: Main, Second
Features: Closet, Flooring - Stone/Ceramic Tile, Exterior Access, Open Floorplan
Level: Third
Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Deck - Exterior
Level: Third
Level: Second
Features: Flooring - Hardwood, Deck - Exterior, Open Floorplan, Slider
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: Second 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, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:008.007060087.0, 730654
Water Source: Public
Financial Details
Tax Assessed Value: $496,900
Tax Annual Amount: $5,824
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $426
Community Features: Public Transportation, Shopping, Park, Golf, Highway Access, Public School
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 |
|---|---|---|---|---|---|---|---|
|
10/11/2024
|
2 Bed
|
3 Bath
|
1168 ft²
|
$525,000
2 Bed
3 Bath
1168 ft²
|
$554,000
+5.52%
11/22/2024
|
Gayle Faller
Coldwell Banker Realty - Winchester
| |
|
08/05/2020
|
2 Bed
|
3 Bath
|
1168 ft²
|
$394,900
2 Bed
3 Bath
1168 ft²
|
$425,000
+7.62%
09/14/2020
|
Travis Speck
Redfin Corp.
| |
|
02/03/2010
|
2 Bed
|
3 Bath
|
1168 ft²
|
$319,000
2 Bed
3 Bath
1168 ft²
|
$310,000
-2.82%
04/30/2010
|
Lucille Murray
Compass
| |
|
04/20/2005
|
2 Bed
|
3 Bath
|
1168 ft²
|
$379,000
2 Bed
3 Bath
1168 ft²
|
$370,000
-2.37%
08/31/2005
|
Gayle Faller
Coldwell Banker Realty - Winchester
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017