$63,000
●
Condo -
Off Market
239 Main Street #B4
Reading, MA 01867
2 Beds
1 Bath
645 Ft²
$267,720
RealtyHop Estimate
312.51%
Since Jul 1, 1997
MA-Boston
Primary Model
About This Property
PRIVATE REAR UNIT, ABOVE GRADE. CONVENIENT TO LAUNDRY ROOM, LOW
CONDO FEE OF $130.95 A MONTH INCLUDES HEAT, H.W.,MAINT, INS.
CONV. TO HIGHWAY ACCESS, WALKING DISTANCE TO TRAIN AND
CENTER.
Unit Size
645 Ft²
Days on Market
-
Land Size
24.56 acres
Price per sqft
$101
Property Type
Condo
Property Taxes
$76
HOA Dues
$131
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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 years ago (MLSPIN #30157569)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 1997 | Sold | ||
| Sold | |||
| Apr 11, 1997 | Listed by Boardwalk Real Estate | $64,900 | |
| Listed by Boardwalk Real Estate | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Width: 9
Length: 10
Area: 90
Level: First
Width: 8
Length: 9
Area: 72
Length: 15
Level: First
Area: 180
Width: 12
Level: First
Length: 12
Width: 11
Area: 132
Level: First
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Carpet
Rooms: 4
Basement: N
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Belmont Arms
Structure Type: Garden
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Area: 24.56
Lot Size Units: Acres
Lot Size Acres: 24.56
Zoning: COM
Parcel Number: 731650
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 0027
Tax Assessed Value: $54,600
Tax Annual Amount: $907
Utilities Details
Utilities: for Gas Range
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Laundry, Elevator(s)
HOA Fee: $131
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat
Complex is Completed
Management: Other (See Remarks)
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 |
|---|---|---|---|---|---|---|---|
|
09/18/2025
|
1 Bed
|
1 Bath
|
632 ft²
|
$269,000
1 Bed
1 Bath
632 ft²
|
$258,000
-4.09%
10/10/2025
|
Derek Stone
Keller Williams Realty
| |
|
08/23/2023
|
1 Bed
|
1 Bath
|
654 ft²
|
$299,900
1 Bed
1 Bath
654 ft²
|
$335,000
+11.70%
10/03/2023
|
Brian Quijada
Leading Edge Real Estate
| |
|
09/10/2019
|
1 Bed
|
1 Bath
|
654 ft²
|
$221,500
1 Bed
1 Bath
654 ft²
|
$215,000
-2.93%
11/07/2019
|
Mark Hutchinson
Brad Hutchinson Real Estate
| |
|
06/19/2015
|
1 Bed
|
1 Bath
|
645 ft²
|
$159,900
1 Bed
1 Bath
645 ft²
|
$145,000
-9.32%
08/11/2015
|
Gerald Barrett
Barrett, Chris. J., REALTORS®
| |
|
04/12/2014
|
1 Bed
|
1 Bath
|
654 ft²
|
$149,000
1 Bed
1 Bath
654 ft²
|
$146,000
-2.01%
11/14/2014
|
Nancy D'Amico
Sam Stella REALTORS®
| |
|
01/10/2014
|
1 Bed
|
1 Bath
|
634 ft²
|
$139,900
1 Bed
1 Bath
634 ft²
|
$140,500
+0.43%
02/28/2014
|
Lisa Dooley
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
05/24/2011
|
1 Bed
|
1 Bath
|
634 ft²
|
$129,900
1 Bed
1 Bath
634 ft²
|
$115,000
-11.47%
07/15/2011
|
Lawrence Figliola
Coldwell Banker Realty - Lynnfield
| |
|
07/20/2009
|
2 Bed
|
1 Bath
|
654 ft²
|
$159,000
2 Bed
1 Bath
654 ft²
|
$150,000
-5.66%
11/05/2009
|
Michael Trunfio
Unified Realty, Inc.
| |
|
10/03/2005
|
1 Bed
|
1 Bath
|
645 ft²
|
$184,000
1 Bed
1 Bath
645 ft²
|
$184,000
11/21/2005
|
Charles George
Keller Williams Realty
| |
|
07/06/2004
|
2 Bed
|
1 Bath
|
654 ft²
|
$184,900
2 Bed
1 Bath
654 ft²
|
$181,400
-1.89%
09/29/2004
|
Robert G. Beane
Boardwalk Real Estate
| |
|
03/19/2000
|
2 Bed
|
1 Bath
|
652 ft²
|
$119,900
2 Bed
1 Bath
652 ft²
|
$119,900
05/03/2000
|
Stephen Conroy
The Thomson Companies
| |
|
03/19/2000
|
1 Bed
|
1 Bath
|
646 ft²
|
$102,900
1 Bed
1 Bath
646 ft²
|
$95,000
-7.68%
08/30/2000
|
Nancy D'Amico
Spartan Realty
| |
|
03/08/2000
|
2 Bed
|
1 Bath
|
654 ft²
|
$119,900
2 Bed
1 Bath
654 ft²
|
$119,900
05/15/2000
|
Diane Giglio
Colonial Manor Realty
| |
|
08/11/1998
|
1 Bed
|
1 Bath
|
645 ft²
|
$69,900
1 Bed
1 Bath
645 ft²
|
$65,000
-7.01%
10/23/1998
|
Sheila Johnsen
Carlson GMAC Real Estate
| |
|
04/11/1997
|
2 Bed
|
1 Bath
|
645 ft²
|
$64,900
2 Bed
1 Bath
645 ft²
|
$63,000
-2.93%
06/12/1997
|
Janet Gilbert Moebius
Boardwalk Real Estate
| |
|
04/12/1995
|
1 Bed
|
1 Bath
|
634 ft²
|
$49,900
1 Bed
1 Bath
634 ft²
|
$45,000
-9.82%
07/01/1995
|
Joyce Kiley
Boardwalk Real Estate
|
Building Info
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