$205,000
●
Condo -
Off Market
2 Summit #28
Reading, MA
2 Beds
2 Baths
1,077 Ft²
$417,060
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model
About This Property
Brand new carpet and freshly painted, but still priced below most
recent sales! Large kitchen, open living room/dining area.
Slider to private balcony. 3 generous closets and en-suit bath in
master bedroom. Wall to wall closet in second bedroom.
1/2 mile to Rtes 128/93. Ample parking, additional
storage, elevator building, association pool. Condo fee
includes heat, water, hot water, central air, etc. FHA
approved complex.
Unit Size
1,077 Ft²
Days on Market
-
Land Size
-
Price per sqft
$195
Property Type
Condo
Property Taxes
$230
HOA Dues
$389
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 years ago (MLSPIN #71414266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2013 | Sold | ||
| Sold | |||
| Jul 25, 2012 | Listed by Baymaxx Realty, LLC | $210,000 | |
| Listed by Baymaxx Realty, LLC | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 10
Length: 10
Features: Flooring - Stone/Ceramic Tile
Area: 100
Level: Second
Features: Bathroom - Tiled With Tub & Shower
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 10
Area: 120
Width: 12
Features: Flooring - Wall to Wall Carpet
Length: 10
Level: Second
Area: 120
Features: Bathroom - Tiled With Tub & Shower
Level: Second
Length: 15
Level: Second
Area: 240
Features: Balcony - Exterior
Width: 16
Features: Flooring - Wall to Wall Carpet
Level: Second
Length: 11
Width: 16
Area: 176
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Laundry Features: Common Area, In Building
Rooms: 5
Basement: N
Parking Details
Parking Features: Off Street, Common, Guest
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Towers
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: A80
Parcel Number: 4755421
Water Source: Public
Financial Details
Tax Assessed Value: $195,300
Tax Annual Amount: $2,764
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Elevator(s)
HOA Fee: $389
Community Features: Shopping
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017