$431,000
●
Multifamily -
Off Market
21 Echo Ave #21
Reading, MA 01867
Studio
2 Baths,
1
Half Bath
1,688 Ft²
$666,223
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model
About This Property
Nestled in the middle of a nice westside neighborhood, this 3
bedroom Townhouse offers single family living at a condo price.
With it's own separate outdoor patio and fenced in yard space, you
will enjoy things that perhaps you couldn't in a large complex. The
unit features 3 living levels, hardwood floors, a nice open first
floor plan, first floor laundry room, Central A/C, gas heat and hot
water. Totally renovated when it was converted in 2004. And no
condo fee! Are you a commuter? Well, leave your car at home
because you can just walk to the commuter rail to Boston! .
Unit Size
1,688 Ft²
Days on Market
-
Land Size
-
Price per sqft
$237
Property Type
Multifamily
Property Taxes
$386
HOA Dues
-
Year Built
1916
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 #72024108)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2016 | Sold | ||
| Sold | |||
| Jun 16, 2016 | Listed by RE/MAX Encore | $399,900 | |
| Listed by RE/MAX Encore | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Hardwood
Level: Second
Level: First
Features: Flooring - Hardwood
Level: Basement
Features: Flooring - Wall to Wall Carpet
Level: Second
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Tile, Hardwood
Laundry Features: First Floor, In Unit
Rooms: 7
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Off Street
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condex
Structure Type: Townhouse, Half-Duplex
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: 4563632
Water Source: Public
Financial Details
Tax Assessed Value: $319,500
Tax Annual Amount: $4,633
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
06/16/2016
|
Loft
|
2 Bath
|
1688 ft²
|
$399,900
Loft
2 Bath
1688 ft²
|
$431,000
+7.78%
08/12/2016
|
Stephen Conroy
The Thomson Companies
| |
|
10/12/2004
|
3 Bed
|
1 Bath
|
1390 ft²
|
$379,900
3 Bed
1 Bath
1390 ft²
|
$379,900
12/09/2004
|
Judy Strout
Dagnese & Strout Real Estate
| |
|
04/24/2003
| |
6 Bed
|
-
|
2780 ft²
|
$500,000
6 Bed
-
2780 ft²
|
$453,500
-9.30%
10/16/2003
|
Judy Strout
Dagnese & Strout Real Estate
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017