18 Carnation Circle #C
About This Property
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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%.
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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.
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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.
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 | |||
| | |||
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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
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017