$244,000
●
Condo -
Off Market
237 Main Street #A4
Reading, MA 01867
2 Beds
1 Bath
760 Ft²
$330,728
RealtyHop Estimate
38.09%
Since Jun 1, 2020
MA-Boston
Primary Model
About This Property
SINGLE LEVEL LIVING AT BELMONT ARMS! This spacious, first
floor END unit features open concept living in the kitchen, dining
and living areas and a generous master bedroom with ample closet
space. Freshly painted and newly carpeted, this back-facing
unit offers 1 deeded parking space and a LOW condo fee that
includes heat and hot water! Laundry is conveniently located
on the same level. Ideal location with easy access to major
highways and Commuter Rail to Boston. Located just minutes from
Reading's vibrant town center, trendy restaurants and shopping
makes living with or without a car a breeze! Now's your
opportunity to build equity rather than pay rent!
Unit Size
760 Ft²
Days on Market
-
Land Size
-
Price per sqft
$315
Property Type
Condo
Property Taxes
$250
HOA Dues
$330
Year Built
-
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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: 4 months ago (MLSPIN #72628192)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Listed by LPT Realty, LLC | $349,000 | |
| Listed by LPT Realty, LLC | |||
   | |||
|
OFFERS DUE: Tuesday 10/14/2025 @12pm EST. Move right into this fully renovated, modern 2-bedroom, 1-bathroom condo! Everything is designed for today's lifestyle.The floor plan features beautiful modern flooring throughout. The showpiece is the all-new kitchen with sleek countertops, stylish cabinets, and a full set of stainless steel appliances.The bathroom is completely updated with modern fixtures and a new vanity. You'll also love the convenience of having your heat, hot water, and water included in the low monthly HOA fee of $415.Unbeatable Location: A short walk to the Reading Commuter Rail station. Easy access to downtown Reading shops and restaurants. One deeded parking spot, with guest parking available. Extra storage is included within the building. Minutes from I-95, offering a convenient commute to Boston. Don't miss this opportunity for a turnkey home in a prime commuter location!
| |||
| May 6, 2020 | Sold | ||
| Sold | |||
| Mar 4, 2020 | Listed by Coldwell Banker Residential Brokerage - Lynnfield | $239,500 | |
| Listed by Coldwell Banker Residential Brokerage - Lynnfield | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Deeded
Interior Details
Full Bathrooms: 1
Flooring Type: Tile, Carpet
Rooms: 5
Basement: N
Exterior Details
Has Property Attached
Square Footage: 760
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1969
Building Name: Belmont Arms
Building Area Total: 760
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $215
Tax Annual Amount: $3,001
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Laundry, Storage
HOA Fee: $330
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 |
|---|---|---|---|---|---|---|---|
|
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