$636,000
●
Condo -
Off Market
2 Sumner Cheney Place #2
Reading, MA 01867
3 Beds
3 Baths,
1
Half Bath
2,411 Ft²
$860,922
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model
About This Property
WARNING!! Be prepared to be amazed. The OUTSIDE of this 3 level,
"larger than life" townhouse DOES NOT REFLECT what's INSIDE.
Totally redone, with the highest quality finishes, & in a truly
MODERN style. You won't find this anywhere else! A Stunning black
cabinet packed kitchen opens to the DR & LR space, & is only
separated by a massive island. The light fixture above is like a
"Harry Winston" jewel at the Oscars...only you don't have to give
it back! The first level is the OPEN CONCEPT you crave. The 2nd
level is beyond words...the HUGE master features a custom-made
"barn" door that in itself is a piece of art. This room is only
outdone by the INCREDIBLE master bath. You will think you are
staying at the finest hotel that money can buy...plan on being late
for work as you won't want to leave the show stopping multi-head
shower with glass surround. Your eyes don't deceive you...the
dramatic chandelier is in THE WALK-IN CLOSET (was a den). The 3rd
fl serves as BR, Office & Fam Rm. Wow!
Unit Size
2,411 Ft²
Days on Market
-
Land Size
-
Price per sqft
$261
Property Type
Condo
Property Taxes
$580
HOA Dues
$350
Year Built
2002
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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: 5 years ago (MLSPIN #72652691)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by Classified Realty Group | $629,900 | |
| Listed by Classified Realty Group | |||
| Jul 18, 2016 | Sold | ||
| Sold | |||
| May 17, 2016 | Listed by LAER Realty Partners | $449,900 | |
| Listed by LAER Realty Partners | |||
| | |||
|
Wonderful end unit townhouse with beautiful open floor plan. 1st level offers 2 sided Fireplace, open to DR & LR, large, bright Kitchen, half bath and entrance to garage. Upstairs the 2nd floor boasts a luxurious master bedroom with double closets and a large bath featuring a whirlpool tub and separate shower with linen closet. 2nd floor Bedroom with attached bath. Bonus Room with multi use with cathedral ceiling and feature window, can be easily converted into 3rd Bedroom. Laundry on the same level completes the 2nd level. 3rd level walk-up attic offers endless possibilities. Lovely, small complex is well landscaped & conveniently located to major highways.
| |||
| Aug 5, 2010 | Listed by WEICHERT, REALTORS® - Cook and Company | $360,000 | |
| Listed by WEICHERT, REALTORS® - Cook and Company | |||
| | |||
|
Young townhouse conveniently located near Rt 28. Nice open floor plan, kitchen with breakfast bar adjoining dining area which leads to living room with 3 sided fireplace. Huge master bedroom with plenty of closet space and masterbath with jacuzzi tub. Second floor laundry. Bonus room. Attic ready to be finished for additional living space. Easy to show. Ready for quick sale.
| |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 16
Length: 18
Features: Flooring - Wood, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Storage, Wine Chiller, Gas Stove, Lighting - Overhead
Area: 288
Level: Second
Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Remodeled, Lighting - Sconce
Level: Second
Features: Flooring - Wood, Remodeled, Closet - Double
Width: 13
Length: 14
Area: 182
Width: 14
Features: Flooring - Wood, Exterior Access, Remodeled, Slider, Lighting - Overhead
Length: 12
Level: First
Area: 168
Features: Closet, Flooring - Wall to Wall Carpet, Recessed Lighting, Remodeled
Width: 14
Length: 29
Area: 406
Level: Third
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Remodeled, Lighting - Sconce
Level: First
Length: 16
Level: First
Area: 224
Features: Flooring - Wood, Cable Hookup, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
Width: 14
Width: 12
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Cabinets - Upgraded, Double Vanity, Recessed Lighting, Remodeled, Lighting - Sconce
Level: Second
Area: 192
Length: 16
Features: Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wood, Dressing Room, Recessed Lighting, Remodeled, Closet - Double
Level: Second
Length: 18
Width: 15
Area: 270
Level: Third
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), Closet/Cabinets - Custom Built, Lighting - Overhead, Bonus Room
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator, Range Hood, Gas Water Heater, Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 7
Has Fireplace
Fireplace Features: Dining Room, Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street, Deeded, Paved
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Property Condition: Updated/Remodeled
Year Built Source: Public Records
Year Built Details: Actual, Renovated Since
PropertySubType: Condominium
Building Name: Sumner Cheney Condominiums
Structure Type: Townhouse, Half-Duplex
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Deck - Composite, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: Condo
Parcel Number: 4404082
Water Source: Public
Financial Details
Tax Assessed Value: $498,500
Tax Annual Amount: $6,955
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $350
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
05/07/2020
|
3 Bed
|
3 Bath
|
2411 ft²
|
$629,900
3 Bed
3 Bath
2411 ft²
|
$636,000
+0.97%
06/19/2020
|
Rick Nazzaro
Colonial Manor Realty
| |
|
05/17/2016
|
2 Bed
|
3 Bath
|
2411 ft²
|
$449,900
2 Bed
3 Bath
2411 ft²
|
$424,000
-5.76%
07/18/2016
|
Rita Gandhi
LAER Realty Partners
| |
|
08/05/2010
|
2 Bed
|
2 Bath
|
2000 ft²
|
$360,000
2 Bed
2 Bath
2000 ft²
|
-
-
|
Tara Stanichuk
WEICHERT, REALTORS® - Cook and Company
| |
|
02/27/2006
|
2 Bed
|
2 Bath
|
2411 ft²
|
$399,900
2 Bed
2 Bath
2411 ft²
|
$395,000
-1.23%
06/26/2006
|
Mary Ann Quinn
William Raveis R.E. & Home Services
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017