$195,000
●
Condo -
Off Market
237 Main Street #A8
Reading, MA 01867
2 Beds
1 Bath
772 Ft²
$352,237
RealtyHop Estimate
76.21%
Since Nov 1, 2005
MA-Boston
Primary Model
About This Property
This Belmont Arms unit is in good condition! Perfect for the 1st
time buyer or retiree. Spacious 2nd floor rear corner unit,
overlooking the courtyard. Updated oak kitchen, cable ready in BR &
LR, wired for sound in the LR. Extra window ac, refrigerator and
vertical blinds included. Monthly condo fee of $215.00 includes
heat, hot water, maintenance, insurance. Convenient assigned
parking spot (#2) close to back entry. Close to center,
train, and highway access to Rt. 95 & 93.
Unit Size
772 Ft²
Days on Market
-
Land Size
-
Price per sqft
$259
Property Type
Condo
Property Taxes
$173
HOA Dues
$215
Year Built
-
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 months ago (MLSPIN #70251978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Listed by RE/MAX Platinum | $269,900 | |
| Listed by RE/MAX Platinum | |||
| | |||
|
Conveniently located Belmont Arms corner unit condominium is located just minutes to everything. Bright and open living and dining area just off a well designed kitchen featuring stainless steel appliances including wall mounted microwave over a gas range, dishwasher and plenty of cabinet and counter space. Two generous bedrooms with spacious closets and one full bath with tiled tub/shower. This unit is well situated toward the rear of the building and even has a parking space just outside the door. Close to shopping, dining, routes 95 & 93 and a commuter rail station nearby, Unit A8 is the smart choice for anyone wanting to take advantage of all that Reading has to offer! Easy to show and quick closing possible.
| |||
| Oct 24, 2005 | Sold | ||
| Sold | |||
| Sep 2, 2005 | Listed | $199,900 | |
| Listed | |||
| Sep 1, 2005 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Full Bathrooms: 1
Interior Features: Walk-up Attic
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Tile, Vinyl, Carpet
Rooms: 4
Basement: N
Exterior Details
Square Footage: 772
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1969
Building Name: Belmont Arms
Building Area Total: 772
Building Area Units: Square Feet
Construction Materials: Brick
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $164,800
Tax Annual Amount: $2,072
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Laundry, Storage
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017