$847,000
●
Condo -
Off Market
18 Carnation Circle #C
Reading, MA 01867
2 Beds
3 Baths,
1
Half Bath
2,022 Ft²
$4,949
Est. Monthly
$441
HOA / Fees
2.77%
Cap Rate
About This Property
Welcome to Reading's hidden gem; Greenhouse Acres!. This fabulous
townhome development is tucked away from the traffic, but
conveniently located. And this immaculate rear facing unit has
everything you need. Gorgeous updated kitchen with breakfast bar
and dining area. Hardwood floors, fireplaced livingroom. Updated
bathrooms on all three levels. Cathedral ceilings and open floor
plan. Gorgeous natural light. Extra spacious walk in closet and a
walk up loft area in main bedroom. Newer heating and A/C systems.
Finished lower level with bathroom opens up opportunities for
additional bedroom, home office, playroom, exercise room, etc. Two
car garage. Well maintained and managed complex. A short distance
to Rtes. 128 and 93, downtown Reading, commuter rail, Lake
Quannapowitt and MarketStreet. The icing on the cake is that this
is one of the few private rear units with two decks overlooking
acres of conservation land. See by appointment or at Open Houses
Sat and Sun 11:00-12:30
Unit Size
2,022 Ft²
Days on Market
-
Land Size
-
Price per sqft
$389
Property Type
Condo
Property Taxes
$643
HOA Dues
$441
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 #73219508)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Boardwalk Real Estate | $787,000 | |
| Listed by Boardwalk Real Estate | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 13
Length: 20
Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Open Floorplan
Area: 260
Level: Second
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 15
Length: 16
Area: 240
Width: 13
Features: Flooring - Hardwood
Length: 15
Level: First
Area: 195
Features: Bathroom - Half, Flooring - Hardwood
Level: First
Length: 18
Level: First
Area: 198
Features: Skylight, Vaulted Ceiling(s), Flooring - Hardwood, Open Floorplan
Width: 11
Length: 20
Level: Basement
Features: Bathroom - Full, Closet, Flooring - Laminate
Width: 14
Area: 280
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 18
Width: 13
Area: 234
Features: Bathroom - Full, Flooring - Laminate
Level: Basement
Features: No
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Closet, Loft, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet, Laminate, Hardwood, Flooring - Wall to Wall Carpet
Laundry Features: First Floor, In Unit
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Greenhouse Acres
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R
Parcel Number: 733523
Water Source: Public
Financial Details
Tax Assessed Value: $658,800
Tax Annual Amount: $7,721
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
HOA Fee: $441
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, Private School, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off 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 |
|---|---|---|---|---|---|---|---|
|
04/03/2024
|
2 Bed
|
2 Bath
|
2022 ft²
|
$787,000
2 Bed
2 Bath
2022 ft²
|
$847,000
+7.62%
05/24/2024
|
Stephen Conroy
The Thomson Companies
| |
|
01/22/2024
|
2 Bed
|
2 Bath
|
1948 ft²
|
$810,000
2 Bed
2 Bath
1948 ft²
|
$810,000
04/22/2024
|
Dot Collection
Access
| |
|
08/24/2022
|
2 Bed
|
2 Bath
|
1948 ft²
|
$749,900
2 Bed
2 Bath
1948 ft²
|
$749,900
11/02/2022
|
Margaret O'Sullivan
William Raveis R.E. & Home Services
| |
|
10/23/2019
|
2 Bed
|
2 Bath
|
1948 ft²
|
$575,000
2 Bed
2 Bath
1948 ft²
|
$587,000
+2.09%
01/17/2020
|
Patricia Black
Premier Realty Group, Inc.
| |
|
04/12/2017
|
2 Bed
|
3 Bath
|
1767 ft²
|
$549,900
2 Bed
3 Bath
1767 ft²
|
$595,000
+8.20%
06/26/2017
|
Patricia Black
Premier Realty Group, Inc.
| |
|
11/14/2005
|
2 Bed
|
1 Bath
|
2000 ft²
|
$424,500
2 Bed
1 Bath
2000 ft²
|
$420,000
-1.06%
12/19/2005
|
Patricia Black
Premier Realty Group, Inc.
| |
|
11/08/1998
|
2 Bed
|
2 Bath
|
1895 ft²
|
$255,000
2 Bed
2 Bath
1895 ft²
|
$255,000
12/18/1998
|
Mary Torraca
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
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