$500,000
↓ $14K (2.3%)
●
Condo -
Off Market
208 Gazebo #208
Reading, MA 01867
2 Beds
1 Bath,
1
Half Bath
1,178 Ft²
$455,924
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model
About This Property
Welcome to Summit Village! This two level townhouse is ready
to move right in. The first floor encompasses a beautiful bright &
sunny open-plan living and dining area with a gas fireplace, box
window, hardwood floors and open to full eat in kitchen. The
dining area leads to a private balcony with a slider and the
laundry is conveniently located in the kitchen area. The large
master bedroom has a walk in closet with a second private deck.
The second bedroom also has a walk-in closet and two large
windows for great light. The garage is located right under the unit
with access from the back hall and main stairway into the unit. The
location has easy access to shopping, restaurants, major roadways
and commuter rail. Open House Friday 4/15 5-7 and Sat 4/16 12
-2.
Unit Size
1,178 Ft²
Days on Market
-
Land Size
-
Price per sqft
$382
Property Type
Condo
Property Taxes
$451
HOA Dues
$390
Year Built
1996
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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 months ago (MLSPIN #72966718)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$585,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| Sep 23, 2026 | Listed by Brad Hutchinson Real Estate | $599,000 | |
| Listed by Brad Hutchinson Real Estate | |||
   | |||
|
Welcome to Summit Village! Discover an exceptional condominium residence at 208 Gazebo Circle in popular Reading, MA. Constructed in 1996, this thoughtfully designed 1178 square foot property offers a sophisticated living experience across its two stories, presenting an ideal blend of comfort and convenience. This condominium features two well-proportioned bedrooms, providing comfortable and private accommodations. Complementing these are one full bathroom and one half bathroom, meticulously appointed to cater to daily living. Charming fireplace and window seat in living room, and two decks, one on each floor for outdoor relaxation. Washer/Dryer in unit for added convenience. This unit includes one dedicated garage space, ensuring secure parking and additional storage. We invite you to explore this distinguished property and envision the lifestyle it affords.
| |||
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Russell Realty Group | $449,900 | |
| Listed by Russell Realty Group | |||
| Mar 26, 2007 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Off Street, Paved, Under
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Unit, Second Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1178
Security Features: Security System
Year Built Source: Public Records
Year Built: 1996
Building Name: Summit Village
Building Area Total: 1178
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $406,000
Tax Annual Amount: $5,412
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $390
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/14/2022
|
2 Bed
|
1 Bath
|
1178 ft²
|
$449,900
2 Bed
1 Bath
1178 ft²
|
$500,000
+11.14%
05/26/2022
|
Evan Russell
Century 21 North East Homes
| |
|
02/14/2007
|
2 Bed
|
2 Bath
|
1178 ft²
|
$335,000
2 Bed
2 Bath
1178 ft²
|
$335,000
03/26/2007
|
Meg Michaels
Residential Realty Group
| |
|
12/27/2003
|
2 Bed
|
2 Bath
|
1178 ft²
|
$319,900
2 Bed
2 Bath
1178 ft²
|
$310,000
-3.09%
02/20/2004
|
Joyce Kiley
Boardwalk Real Estate
| |
|
06/11/1999
|
2 Bed
|
2 Bath
|
-
|
$234,900
2 Bed
2 Bath
|
$234,900
04/27/2000
|
Diane Giglio
Colonial Manor Realty
|
Building Info
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