$670,000
●
Condo -
Off Market
16 Taylor Drive #2009
Reading, MA 01867
2 Beds
2 Baths
1,350 Ft²
$3,798
Est. Monthly
$365
HOA / Fees
4.13%
Cap Rate
About This Property
Beautiful unit in the rear of the building. The kitchen, dining
room and living room is all open. Fireplace in living room. The
main primary suite is very spacious with a large bathroom. Laundry
is inside the unit. The unit comes with inside garage space as well
as a space in front of the building
Unit Size
1,350 Ft²
Days on Market
-
Land Size
-
Price per sqft
$518
Property Type
Condo
Property Taxes
-
HOA Dues
$365
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 #73186270)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Dec 18, 2023 | In contract | - | |
| In contract | |||
| Dec 8, 2023 | Listed by Glover Brokerage Corporation | $699,000 | |
| Listed by Glover Brokerage Corporation | |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Fireplace
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Level: First
Level: First
Features: Yes
Full Bathrooms: 2
Laundry Features: First Floor
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Assigned
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 2
Year Built Source: Builder
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Johnson Woods Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: res
Parcel Number: 5158835
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Elevator(s), Fitness Center
Association Fee Frequency: Monthly
HOA Fee: $365
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