$309,200
●
Condo -
Off Market
16 Spring Street #A
Reading, MA 01867
3 Beds
2 Baths
1,149 Ft²
$528,986
RealtyHop Estimate
73.49%
Since Aug 1, 2015
MA-Boston
Primary Model
About This Property
Looking for a nice condo with outside space, plenty of storage,
nearby transportation &walking distance to Reading Center?...
This home has it all... and tons of period character & style!
Offering easy one-level living with parking right outside,
this beautifully updated condo has 3 bedrooms (1 currently used as
a den) wt an open concept LR/dining area/kitchen and a charming
side covered patio! Commuters can take advantage of the nearby
Reading commuter rail ($25/year to park!!), or walk to the bus stop
at the end of the St. Each unit has their own separate driveway and
share the large yard, which is perfect for family gatherings,
grilling, pets, & gardening! In 2011 the home was converted to gas
with a new boiler installed. Additional 2010 updates include: roof,
electric, plumbing, kitchen, bathrooms, walls and ceilings. This
hard to find spacious 2 family condo is in an ideal location-with
close access to 128 and 93 and walking distance to shopping,
restaurants, parks and more!
Unit Size
1,149 Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
Condo
Property Taxes
$291
HOA Dues
$150
Year Built
-
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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 #71835075)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2015 | Sold | ||
| Sold | |||
| May 12, 2015 | Listed by Compass | $304,900 | |
| Listed by Compass | |||
| Feb 24, 2011 | Sold | ||
| Sold | |||
| Dec 16, 2010 | Listed by Compass | $259,900 | |
| Listed by Compass | |||
| | |||
|
Nothing to do but move in-in to this renovated 3-bed/2-bath apartment. This bright, nicely detailed and attractively decorated unit offers open concept kitchen/dining/living room areas. Plentiful parking with your own driveway and adjacent shared yard space. Key upgrades include: roof, electric, plumbing, wood flooring, walls, ceilings, lighting, updated general bath, brand new master bath with laundry and new kitchen. Don't miss this warm and inviting unit!
| |||
Property Highlights
Parking Available
Interior Details
Level: First
Width: 11
Length: 19
Features: Flooring - Hardwood, Dining Area, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting
Area: 209
Level: First
Features: Bathroom - 3/4, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Dryer Hookup - Dual, Washer Hookup
Level: First
Features: Bathroom - 3/4, Closet, Flooring - Wood
Width: 10
Length: 11
Area: 110
Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Width: 10
Length: 10
Area: 100
Level: First
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: First
Length: 16
Level: First
Area: 176
Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup
Width: 11
Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting
Level: First
Length: 16
Width: 13
Area: 208
Features: No
Full Bathrooms: 2
Interior Features: 3/4 Bath
Appliances: Range, Dishwasher, Refrigerator, Washer/Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Wood, Tile, Carpet
Laundry Features: In Unit
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Paved
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Spring Street Condominium
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Covered
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: 4836206
Water Source: Public
Financial Details
Tax Assessed Value: $237,700
Tax Annual Amount: $3,494
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Structure
HOA Fee: $150
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
01/13/2022
|
2 Bed
|
2 Bath
|
1650 ft²
|
$499,900
2 Bed
2 Bath
1650 ft²
|
$525,000
+5.02%
03/08/2022
|
Dale Brousseau
Trinity Real Estate
| |
|
01/27/2019
|
2 Bed
|
2 Bath
|
1650 ft²
|
$389,900
2 Bed
2 Bath
1650 ft²
|
$385,000
-1.26%
03/28/2019
|
David Ladner
RE/MAX Andrew Realty Services
| |
|
06/17/2015
|
2 Bed
|
2 Bath
|
1650 ft²
|
$319,900
2 Bed
2 Bath
1650 ft²
|
$325,000
+1.59%
08/17/2015
|
Michael Gordon
Redfin Corp.
| |
|
05/12/2015
|
3 Bed
|
2 Bath
|
1149 ft²
|
$304,900
3 Bed
2 Bath
1149 ft²
|
$309,200
+1.41%
07/17/2015
|
Lorraine Gately
Compass
| |
|
12/16/2010
|
3 Bed
|
2 Bath
|
1149 ft²
|
$259,900
3 Bed
2 Bath
1149 ft²
|
$245,500
-5.54%
02/24/2011
|
Lorraine Gately
Compass
| |
|
01/26/2010
|
3 Bed
|
2 Bath
|
1650 ft²
|
$275,000
3 Bed
2 Bath
1650 ft²
|
$260,000
-5.45%
05/27/2010
|
Michael Tammaro
The Charles Street Garage
| |
|
01/26/2005
| |
6 Bed
|
2 Bath
|
2993 ft²
|
$450,000
6 Bed
2 Bath
2993 ft²
|
$437,500
-2.78%
05/26/2005
|
Valerie Previte
William Raveis R.E. & Home Services
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017