$290,000
●
Condo -
Off Market
111 Gazebo #111
Reading, MA 01867
3 Beds
2 Baths,
1
Half Bath
1,339 Ft²
$584,345
RealtyHop Estimate
101.57%
Since Jul 1, 2010
MA-Boston
Primary Model
About This Property
Priced well under value and assessment This "Fairfield" corner unit
is a great opportunity to own in Reading at very affordable price.
3 rooms on upper level, 2 bedrooms and a den that could be a
great nursery, children's room or office. The living /dining room
combo features a lovely fireplace and access to comfortable
balcony. The sunny eat-in kitchen has popular mission-style
cabinets, ceramic tile floor & granite counter. Still
time to for the 1st time homebuyer rebate by 4/30/10.
Unit Size
1,339 Ft²
Days on Market
-
Land Size
-
Price per sqft
$217
Property Type
Condo
Property Taxes
$401
HOA Dues
$293
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 #71062966)
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 | |||
| | |||
|
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.
| |||
| 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.
| |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Off Street, Paved, Under
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Den
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: Washer Hookup, Second Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1339
Year Built Source: Public Records
Year Built: 1996
Building Name: Summit Village
Building Area Total: 1339
Building Area Units: Square Feet
Window Features: Insulated Windows
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $350,200
Tax Annual Amount: $4,815
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $293
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