$135,100
●
Condo -
Off Market
237 Main #A3
Reading, MA 01867
Studio
1 Bath
435 Ft²
$202,441
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model
About This Property
OPPORTUNITY IS KNOCKING! You won't find a condo for miles at this
price, especially in desirable Reading! This adorable studio is
clean, well maintained and available for occupancy. Newer windows,
stove, hood, dish washer and wall AC. 3 closets for all your stuff
plus additional storage and laundry facility outside the unit door.
1 deeded parking spot, visitor parking, outdoor space to chill and
grill. Handy access to Rt. 128, 95 & 93. Commuter rail less than 1
mile. Coffee and bagel shops, restaurants, banks, Marshalls, Market
Basket, etc... all near by! Stop paying rent! This is your chance
to get out of mom's basement and have your own place or buy as an
investment. This unit is easy living!
Unit Size
435 Ft²
Days on Market
-
Land Size
-
Price per sqft
$299
Property Type
Condo
Property Taxes
$136
HOA Dues
$215
Year Built
-
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Cap Rate Calculator
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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 months ago (MLSPIN #72204350)
Price History
Property Highlights
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator
Rooms: 2
Basement: N
Exterior Details
Has Property Attached
Square Footage: 435
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1969
Building Area Total: 435
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $116,100
Tax Annual Amount: $1,629
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat
HOA/Condo/Coop Amenities: Hot Water, Laundry
HOA Fee: $215
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 |
|---|---|---|---|---|---|---|---|
|
10/07/2025
|
2 Bed
|
1 Bath
|
760 ft²
|
$349,000
2 Bed
1 Bath
760 ft²
|
$374,000
+7.16%
11/19/2025
|
Kyle Chen
eXp Realty
| |
|
07/24/2023
|
2 Bed
|
1 Bath
|
761 ft²
|
$282,500
2 Bed
1 Bath
761 ft²
|
$335,000
+18.58%
08/30/2023
|
Catherine Marrone
Integrity Residential Brokerage LLC
| |
|
06/07/2022
|
2 Bed
|
1 Bath
|
772 ft²
|
$299,900
2 Bed
1 Bath
772 ft²
|
$299,900
07/25/2022
|
Lucelia Pimenta Azevedo
Simple Key Realty Inc.
| |
|
07/20/2021
|
2 Bed
|
1 Bath
|
772 ft²
|
$269,900
2 Bed
1 Bath
772 ft²
|
$293,000
+8.56%
09/02/2021
|
Aldo Masciave
RE/MAX Platinum
| |
|
03/04/2020
|
2 Bed
|
1 Bath
|
760 ft²
|
$239,500
2 Bed
1 Bath
760 ft²
|
$244,000
+1.88%
05/06/2020
|
Steven Macdonald
Coldwell Banker Realty - Lynnfield
| |
|
11/15/2017
|
2 Bed
|
1 Bath
|
772 ft²
|
$195,000
2 Bed
1 Bath
772 ft²
|
$182,000
-6.67%
12/20/2017
|
Donna Shay
Coldwell Banker Realty - Andover
| |
|
07/30/2017
| |
Studio
|
-
|
435 ft²
|
-
Studio
-
435 ft²
|
-
-
|
-
|
|
07/26/2017
|
Studio
|
1 Bath
|
435 ft²
|
$129,900
Studio
1 Bath
435 ft²
|
$135,100
+4.00%
09/18/2017
|
Gatteny/Porreca Realty Group
Keller Williams Realty
| |
|
12/06/2010
|
1 Bed
|
1 Bath
|
763 ft²
|
$119,900
1 Bed
1 Bath
763 ft²
|
$121,000
+0.92%
12/30/2010
|
Deborah Caniff
Coldwell Banker Realty - Lynnfield
| |
|
09/15/2009
|
2 Bed
|
1 Bath
|
761 ft²
|
$169,900
2 Bed
1 Bath
761 ft²
|
$165,000
-2.88%
11/13/2009
|
Chuha & Scouten Team
Leading Edge Real Estate
| |
|
09/02/2005
|
2 Bed
|
1 Bath
|
772 ft²
|
$199,900
2 Bed
1 Bath
772 ft²
|
$195,000
-2.45%
10/24/2005
|
Janet Gilbert - Moebius
| |
|
03/17/2005
|
2 Bed
|
1 Bath
|
772 ft²
|
$189,900
2 Bed
1 Bath
772 ft²
|
$189,900
06/29/2005
|
Roberto Grieco
Veri Realty Inc.
| |
|
09/02/2003
|
2 Bed
|
1 Bath
|
772 ft²
|
$179,900
2 Bed
1 Bath
772 ft²
|
$183,000
+1.72%
12/11/2003
|
Janet Gilbert - Moebius
Boardwalk Real Estate
| |
|
06/05/2002
|
Studio
|
1 Bath
|
435 ft²
|
$109,900
Studio
1 Bath
435 ft²
|
$106,000
-3.55%
07/12/2002
|
Stephen Chuha
Re/max Top Achievers, Inc.
| |
|
03/11/2002
|
2 Bed
|
1 Bath
|
772 ft²
|
$179,900
2 Bed
1 Bath
772 ft²
|
$175,000
-2.72%
08/29/2002
|
Elaine Bradley
E. B. Properties
| |
|
06/06/2000
|
2 Bed
|
1 Bath
|
772 ft²
|
$129,900
2 Bed
1 Bath
772 ft²
|
$123,000
-5.31%
08/25/2000
|
Priscilla Fitzgerald
Fitzgerald & Associates
| |
|
05/24/1999
|
3 Bed
|
1 Bath
|
763 ft²
|
$89,900
3 Bed
1 Bath
763 ft²
|
$80,000
-11.01%
07/30/1999
|
Barbara Lenox
Dagnese & Strout Real Estate
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017