$605,000
●
Condo -
Off Market
23 Echo Ave #23
Reading, MA 01867
3 Beds
2 Baths,
1
Half Bath
1,640 Ft²
$698,774
RealtyHop Estimate
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model
About This Property
Don't miss this beautiful 3 bedroom townhouse located in West Side
neighborhood. Plenty of curb appeal that immediately invites you in
with a lovely covered front porch. The bright and airy open main
level is perfect for entertaining with an updated kitchen with new
appliances, granite counters, new flooring & backsplash. Dining
room has hardwood floors and large picture window and flows
perfectly to living room. Updated 1/2 bath with pocket door also on
main level. Upstairs you will find 3 generous bedrooms with a newly
renovated full bath. Recently finished lower level features a
playroom, office, storage & laundry. Separate driveway, garage and
private fenced in yard space. Newer roof, no condo fee & central
air are just a few additional features. All this in a convenient
location close to train, schools, parks, downtown & major routes!
Unit Size
1,640 Ft²
Days on Market
-
Land Size
-
Price per sqft
$366
Property Type
Condo
Property Taxes
$564
HOA Dues
-
Year Built
1916
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Cap Rate Calculator
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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 #72789875)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by Compass | $599,900 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Width: 12
Length: 12
Features: Flooring - Vinyl, Countertops - Stone/Granite/Solid, Exterior Access, Remodeled
Area: 144
Level: Second
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 11
Length: 12
Area: 132
Width: 13
Features: Flooring - Hardwood, Window(s) - Picture, Open Floorplan
Length: 13
Level: Main
Area: 169
Features: Flooring - Wall to Wall Carpet
Width: 9
Length: 12
Area: 108
Level: Second
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled
Level: First
Length: 15
Level: First
Area: 195
Features: Closet, Flooring - Hardwood
Width: 13
Features: Flooring - Wall to Wall Carpet
Level: Second
Length: 16
Width: 12
Area: 192
Length: 10
Level: Basement
Area: 110
Features: Closet, Flooring - Vinyl
Width: 11
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Closet, Office, Play Room
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Carpet, Hardwood, Flooring - Vinyl
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Rooms: 8
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Off Street, Paved
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Attached, Duplex
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RA
Parcel Number: M:016.007020023.0, 4498120
Water Source: Public
Financial Details
Tax Assessed Value: $490,000
Tax Annual Amount: $6,767
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station
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 |
|---|---|---|---|---|---|---|---|
|
02/25/2021
|
3 Bed
|
2 Bath
|
1640 ft²
|
$599,900
3 Bed
2 Bath
1640 ft²
|
$605,000
+0.85%
05/07/2021
|
Krystal Solimine
RE/MAX Partners
| |
|
10/12/2004
|
3 Bed
|
1 Bath
|
1390 ft²
|
$379,900
3 Bed
1 Bath
1390 ft²
|
$379,900
12/21/2004
|
Judy Strout
Dagnese & Strout Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017