$385,000
●
Condo -
Off Market
16 Spring St. #B
Reading, MA 01867
2 Beds
2 Baths
1,650 Ft²
$565,184
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model
About This Property
Introducing 16 SPRING ST. - UNIT B tucked away on a Cozy, spacious
lot on a Super Quiet side street in Reading! Enjoy the Luxury of
being close to DOWNTOWN, LIBRARY, YMCA, COMMUTER RAIL & LAKE
QUANNAPOWITT where walkers & joggers alike enjoy beautiful lake
views. Enter through Private 1st floor entrance. This Charming TOP
FLOOR Condo provides 5 Room, 2 BRs, 2 Full baths, Office & 1,650 sq
ft. The spacious layout flows effortlessly from Large Kitchen w/
Eat-At Island & Dining area through sliding doors to Adorable
3-Season porch off Kitchen w/ IN-UNIT Laundry! Kitchen offers
modern OPEN FLOOR PLAN where you can instantly imagine comfortably
entertaining family & friends. LR highlights Multiple seating areas
& Full bath off LR. 2nd Full Bath w/ MASTER En suite & Walk-In
closet. Both bedrooms are good sized. Office is nice bonus. OUTSIDE
SPACE a Huge Asset including a large Private Driveway (right side)
& a well-maintained, large common yard (left side). Commuter
Location. Won't Last!
Unit Size
1,650 Ft²
Days on Market
-
Land Size
-
Price per sqft
$236
Property Type
Condo
Property Taxes
$417
HOA Dues
$150
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 months ago (MLSPIN #72446353)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2022 | Sold | ||
| Sold | |||
| Jan 13, 2022 | Listed by Coldwell Banker Realty - Lynnfield | $499,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| | |||
|
This spacious top floor condo in a two unit home is up for sale in Reading. This is certainly not your typical cookie cutter condo..... There is a large open, bright and sunny Kitchen with a large walk in Pantry and Dining area, a very spacious Living Room, a Master Suite with Full Bath and walk in closet, a Second Bedroom with a very large closet and another good size room used as a dedicated Home Office. There are also two Sunrooms and an additional full bath with a large tiled walk in shower. Plenty of exclusive parking, tons of storage in the basement and a large common yard too. In Unit Laundry, gas heat and plenty of updates throughout the years. All this just a mile to Reading Center, Lake Quannapowitt, the Commuter Rail Station to Boston and so much more. Come and enjoy everything this great home and the beautiful Town of Reading have to offer, including some of the best schools around.... Easy to show......
| |||
| Mar 28, 2019 | Sold | ||
| Sold | |||
| Jan 27, 2019 | Listed by RE/MAX Andrew Realty Services | $389,900 | |
| Listed by RE/MAX Andrew Realty Services | |||
| Aug 17, 2015 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Parking Details
Has Open Parking
Parking Features: Off Street, Paved, Exclusive Parking
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer, Lighting - Pendant, Closet, Home Office, Sun Room, Vestibule
Appliances: Range, Dishwasher, Refrigerator, Freezer
Flooring Type: Tile, Vinyl, Carpet, Hardwood, Wood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Door Features: Storm Door(s)
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1650
Year Built Source: Public Records
Year Built: 1920
Building Name: Spring Street Condominium
Building Area Total: 1650
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Enclosed
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $351,700
Tax Annual Amount: $5,005
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $150
HOA Fee Frequency: Monthly
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017