$299,900
●
Condo -
Off Market
237 Main St #A6
Reading, MA 01867
2 Beds
1 Bath
772 Ft²
$308,466
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model
About This Property
Great as a turnkey investment condo or your own home. Why rent when
you can own! Conveniently located with easy access to the commuter
rail, Routes 95 and 93, and downtown Reading. Deeded parking spot
with plenty of guest parking. This unit has a beautifully updated
kitchen with backsplash, granite countertops, and stainless steel
appliances. The living room is large and bright with newer
flooring. The two spacious bedrooms are conveniently located on
each side of the full bathroom. There is coin-operated
laundry in the basement of the building. The condo fee
includes heat, hot water, water, sewer, and master insurance.
**All offers are due for seller
review by 1 pm on Tuesday, June 14th for seller review. Seller will
respond by Wednesday**
Unit Size
772 Ft²
Days on Market
-
Land Size
-
Price per sqft
$388
Property Type
Condo
Property Taxes
$266
HOA Dues
$349
Year Built
-
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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 #72993324)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2022 | Sold | ||
| Sold | |||
| Jun 7, 2022 | Listed by Simple Key Realty Inc. | $299,900 | |
| Listed by Simple Key Realty Inc. | |||
| | |||
|
Great as a turnkey investment condo or your own home. Why rent when you can own! Conveniently located with easy access to the commuter rail, Routes 95 and 93, and downtown Reading. Deeded parking spot with plenty of guest parking. This unit has a beautifully updated kitchen with backsplash, granite countertops, and stainless steel appliances. The living room is large and bright with newer flooring. The two spacious bedrooms are conveniently located on each side of the full bathroom. There is coin-operated laundry in the basement of the building. The condo fee includes heat, hot water, water, sewer, and master insurance. **All offers are due for seller review by 1 pm on Tuesday, June 14th for seller review. Seller will respond by Wednesday**
| |||
| Dec 20, 2017 | Sold | ||
| Sold | |||
| Nov 15, 2017 | Listed by Coldwell Banker Residential Brokerage - Andover | $195,000 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| | |||
|
Opportunity Knocks! Investors and First time home buyer's Take Notice. Priced low with Improvements needed taken into consideration when pricing and is a Win, Win to any Buyer. Close to downtown Reading, Rail Station to Boston and great access to major highways makes this condo a Commuters Dream. This two bedroom spacious end unit condo in desirable Belmont Arms is available now and a quick close possible. Condo Fee Includes Heat, Hot Water, Snow Removal, Master Insurance, Landscaping & More. OPEN HOUSE - Saturday - Nov. 18th. from 12:00 - 2:00 p.m.
| |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Laminate
Level: First
Features: Flooring - Laminate
Features: Flooring - Laminate
Level: First
Level: First
Features: Flooring - Laminate
Features: Flooring - Laminate
Features: No
Full Bathrooms: 1
Appliances: Range, Disposal, Refrigerator, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Laminate
Laundry Features: In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Belmont Arms
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: A
Parcel Number: M:012.007060079.0, 731638
Water Source: Public
Financial Details
Tax Assessed Value: $239,500
Tax Annual Amount: $3,193
Utilities Details
Utilities: for Electric Range
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry
Association Fee Frequency: Monthly
HOA Fee: $349
Community Features: Public Transportation, Shopping, Highway Access, T-Station
Pets Allowed: Unknown
Management: Professional - Off Site
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