$559,900
●
Condo -
Off Market
111 Gazebo Cir #111
Reading, MA 01867
2 Beds
3 Baths,
1
Half Bath
1,339 Ft²
$3,985
Est. Monthly
$710
HOA / Fees
3.29%
Cap Rate
About This Property
Great two level Townhouse in a fantastic location. Gas heat
and central air conditioning. Sunny kitchen has stainless
steel appliances and ceramic tiles. Spacious living/dining
room combo with lovely marble fireplace and access to balcony.
Separate laundry room and half bath on the first floor.
Second floor featuresTWO bedrooms and two full baths. Not far
from shopping, highway access and local area amenities.
Unit Size
1,339 Ft²
Days on Market
-
Land Size
-
Price per sqft
$418
Property Type
Condo
Property Taxes
$525
HOA Dues
$710
Year Built
1996
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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 #73292980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by Conway - Dorchester | $559,900 | |
| Listed by Conway - Dorchester | |||
| Sep 2, 2015 | Sold | ||
| Sold | |||
| Aug 7, 2015 | Listed by Coldwell Banker Residential Brokerage - Winchester | $389,000 | |
| Listed by Coldwell Banker Residential Brokerage - Winchester | |||
| | |||
|
Please come and visit this exquisite unit at Summit village. Enjoy the open concept of this Bright corner freshly painted town house. The sunny kitchen has Granite counter top , stainless steel appliances and ceramic tiles. Spacious Living Room / Dining room combo with lovely marble fireplace and access to balcony. Separate laundry room and Half bath on first floor. Second Floor features Three bedrooms and two full baths .Recessed lights in all bedrooms and first floor area. Freshly painted interior August 2015, Water heater April 2015 and many other updates makes this a special place to live. C/A ,One Car garage plus 1 parking, convenient to major highways and public transportation.
| |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Interior Details
Level: Main
Features: Flooring - Stone/Ceramic Tile, Recessed Lighting
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Hardwood, Recessed Lighting
Level: Main
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet
Level: Main
Features: Flooring - Hardwood, Balcony - Exterior, Recessed Lighting
Features: Bathroom - Full
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet
Laundry Features: In Unit, Washer Hookup
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Garage Door Opener, Off Street, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Villiage
Structure Type: Detached, Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: M:008.007110087.0, 730659
Water Source: Public, Individual Meter
Financial Details
Tax Assessed Value: $537,900
Tax Annual Amount: $6,304
Utilities Details
Utilities: for Electric Oven, Washer Hookup
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
Association Fee Frequency: Monthly
HOA Fee: $710
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
09/20/2024
|
2 Bed
|
3 Bath
|
1339 ft²
|
$559,900
2 Bed
3 Bath
1339 ft²
|
$559,900
11/19/2024
|
Benjamin Ginsburg
Redfin Corp.
| |
|
08/07/2015
|
3 Bed
|
3 Bath
|
1339 ft²
|
$389,000
3 Bed
3 Bath
1339 ft²
|
$385,000
-1.03%
09/02/2015
|
Rajive Dogra
Coldwell Banker Realty - Winchester
| |
|
04/12/2010
|
3 Bed
|
2 Bath
|
1339 ft²
|
$289,900
3 Bed
2 Bath
1339 ft²
|
$290,000
+0.03%
06/11/2010
|
Bobbie Botticelli
Colonial Manor Realty
| |
|
07/25/2003
|
2 Bed
|
3 Bath
|
1339 ft²
|
$345,900
2 Bed
3 Bath
1339 ft²
|
$345,500
-0.12%
09/30/2003
|
Lauretta Raffi
Premier Realty Group, Inc.
| |
|
10/14/2002
|
2 Bed
|
3 Bath
|
1339 ft²
|
$329,900
2 Bed
3 Bath
1339 ft²
|
$320,000
-3.00%
11/25/2002
|
Lauretta Raffi
Premier Realty Group, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017