$760,000
●
Condo -
Off Market
16 Taylor Drive #2003
Reading, MA 01867
2 Beds
2 Baths
1,455 Ft²
$4,439
Est. Monthly
$387
HOA / Fees
3.06%
Cap Rate
About This Property
A beautifully appointed condominium at Johnson Woods awaits new
owners! Completed in 2021, this unit is "like-new" and move-in
ready! The spacious and open floor plan offers a gas fireplace in
living room, kitchen with quartz countertops and stainless
appliances. There are two generous-size bedrooms, two full baths.
An office/bonus room with pocket door provide privacy and space.
The main bedroom offers a walk-in closet and private bathroom. With
over 1,450 square feet of living area, there is plenty of space for
entertaining and everyday enjoyment. The two assigned parking spots
in garage under with direct elevator access combines functionality
and value to this well-situated home. There are two storage units
in garage. A perfect opportunity for those looking to downsize or
move to the highly sought after Town of Reading.
Unit Size
1,455 Ft²
Days on Market
-
Land Size
-
Price per sqft
$487
Property Type
Condo
Property Taxes
$571
HOA Dues
$387
Year Built
-
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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: 3 years ago (MLSPIN #73199847)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Listed by Premier Realty Group, Inc. | $709,000 | |
| Listed by Premier Realty Group, Inc. | |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Fireplace
Interior Details
Level: Second
Width: 9
Length: 12
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting, Gas Stove, Crown Molding
Area: 108
Level: Second
Area: 40
Width: 5
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid
Length: 8
Area: 120
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Countertops - Stone/Granite/Solid
Length: 12
Level: Second
Width: 10
Level: Second
Features: Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Width: 12
Length: 13
Area: 156
Features: Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Level: Second
Length: 24
Width: 13
Area: 312
Length: 10
Level: Second
Area: 80
Features: Flooring - Hardwood, Pocket Door
Width: 8
Features: Yes
Full Bathrooms: 2
Interior Features: Closet, Dining Area, Recessed Lighting, Living/Dining Rm Combo, Home Office, Elevator
Appliances: Range, Dishwasher, Disposal, Microwave
Flooring Type: Wood, Tile, Carpet, Flooring - Hardwood
Laundry Features: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, Closet - Double, Second Floor, In Unit
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Storage, Assigned, Common, Paved
Garage Spaces: 2
Exterior Details
Has Property Attached
Entry Level: 2
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Johnson Woods
Structure Type: Garden, Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: 019.120036003.0, 5158835
Water Source: Public
Financial Details
Tax Map Number: 019
Tax Assessed Value: $584,100
Tax Annual Amount: $6,846
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas, Fireplace(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Elevator(s), Fitness Center
Association Fee Frequency: Monthly
HOA Fee: $387
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Management: Professional - On 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 |
|---|---|---|---|---|---|---|---|
|
05/13/2026
|
2 Bed
|
3 Bath
|
2200 ft²
|
$949,500
2 Bed
3 Bath
2200 ft²
|
$950,000
+0.05%
06/24/2026
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
05/12/2026
|
3 Bed
|
2 Bath
|
2400 ft²
|
$975,000
3 Bed
2 Bath
2400 ft²
|
$990,000
+1.54%
07/20/2026
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
11/03/2025
|
2 Bed
|
2 Bath
|
1480 ft²
|
$719,000
2 Bed
2 Bath
1480 ft²
|
-
-
|
Yoki Weng
Oak Forest Realty, LLC
| |
|
10/18/2025
|
2 Bed
|
2 Bath
|
1375 ft²
|
$762,500
2 Bed
2 Bath
1375 ft²
|
-
-
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
11/09/2024
|
1 Bed
|
2 Bath
|
1708 ft²
|
$812,000
1 Bed
2 Bath
1708 ft²
|
$795,000
-2.09%
05/01/2025
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
06/19/2024
|
3 Bed
|
4 Bath
|
2450 ft²
|
$1,049,000
3 Bed
4 Bath
2450 ft²
|
-
-
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
03/22/2024
|
2 Bed
|
3 Bath
|
-
|
$1,025,000
2 Bed
3 Bath
|
-
-
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
02/06/2024
|
2 Bed
|
2 Bath
|
1455 ft²
|
$709,000
2 Bed
2 Bath
1455 ft²
|
$760,000
+7.19%
03/11/2024
|
Yilun Luo
JW Real Estate Services, LLC
| |
|
12/08/2023
|
2 Bed
|
2 Bath
|
1350 ft²
|
$699,000
2 Bed
2 Bath
1350 ft²
|
$670,000
-4.15%
02/14/2024
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
12/05/2022
|
2 Bed
|
2 Bath
|
-
|
$699,000
2 Bed
2 Bath
|
-
-
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
05/09/2023
|
2 Bed
|
2 Bath
|
1500 ft²
|
$649,000
2 Bed
2 Bath
1500 ft²
|
$650,000
+0.15%
07/19/2023
|
Liz & Ellie Local
Compass
| |
|
01/22/2022
|
1 Bed
|
2 Bath
|
1905 ft²
|
$729,000
1 Bed
2 Bath
1905 ft²
|
$729,000
03/02/2022
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
09/01/2021
|
2 Bed
|
2 Bath
|
1700 ft²
|
$769,000
2 Bed
2 Bath
1700 ft²
|
$774,000
+0.65%
11/08/2021
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
04/19/2021
|
2 Bed
|
2 Bath
|
1370 ft²
|
$619,000
2 Bed
2 Bath
1370 ft²
|
$619,000
07/02/2021
|
Karen Murphy
Kiklis Real Estate, LLC
| |
|
04/17/2021
|
2 Bed
|
2 Bath
|
1600 ft²
|
$639,000
2 Bed
2 Bath
1600 ft²
|
$659,000
+3.13%
07/27/2021
|
Carol Fontana
RE/MAX Andrew Realty Services
| |
|
03/16/2021
|
2 Bed
|
2 Bath
|
1550 ft²
|
$619,000
2 Bed
2 Bath
1550 ft²
|
$629,000
+1.62%
06/24/2021
|
Lynne Sheehan
Glover Brokerage Corporation
| |
|
03/05/2021
|
2 Bed
|
3 Bath
|
2110 ft²
|
$779,000
2 Bed
3 Bath
2110 ft²
|
$789,000
+1.28%
07/27/2021
|
Sabrina Carr
Century 21 Commonwealth
| |
|
03/04/2021
|
2 Bed
|
2 Bath
|
1500 ft²
|
$629,000
2 Bed
2 Bath
1500 ft²
|
$629,000
07/07/2021
|
Karen A. Herrick
Greenleaf Properties
| |
|
02/11/2021
|
2 Bed
|
2 Bath
|
1600 ft²
|
$639,999
2 Bed
2 Bath
1600 ft²
|
$640,000
+0.00%
07/14/2021
|
Bonnie Lai
RTN Realty Advisors LLC.
| |
|
12/16/2020
|
2 Bed
|
2 Bath
|
1350 ft²
|
$589,000
2 Bed
2 Bath
1350 ft²
|
$610,000
+3.57%
06/25/2021
|
Maria Boujoukos
Classified Realty Group
| |
|
10/29/2020
|
2 Bed
|
2 Bath
|
1480 ft²
|
$619,000
2 Bed
2 Bath
1480 ft²
|
$610,000
-1.45%
06/24/2021
|
Danny Zheng
Keller Williams Realty
| |
|
10/29/2020
|
2 Bed
|
3 Bath
|
2210 ft²
|
$779,000
2 Bed
3 Bath
2210 ft²
|
$779,000
07/27/2021
|
Lynne Sheehan
Glover Brokerage Corporation
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017