$67,500
●
Condo -
Off Market
241 Main Street #C3241
Reading, MA 01867
2 Beds
1 Bath
6,450 Ft²
$303,067
RealtyHop Estimate
333.57%
Since Dec 1, 1996
MA-Boston
Primary Model
About This Property
GREAT CORNER UNIT AT BELMONT ARMS. NEWER STOVE, CARPET &
GREAT LOCATION. EXTRA STORAGE IN ATTIC. LAUNDRY IS COIN
OPERATED.
Unit Size
6,450 Ft²
Days on Market
-
Land Size
-
Price per sqft
$11
Property Type
Condo
Property Taxes
$75
HOA Dues
$150
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: 5 years ago (MLSPIN #30090058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 1996 | Sold | ||
| Sold | |||
| Feb 22, 1996 | Listed by Carlson GMAC Real Estate | $69,900 | |
| Listed by Carlson GMAC Real Estate | |||
Property Highlights
Interior Details
Level: First
Width: 11
Length: 8
Area: 88
Level: First
Width: 10
Length: 8
Area: 80
Width: 11
Length: 8
Level: First
Area: 88
Length: 12
Level: First
Area: 180
Width: 15
Level: First
Length: 11
Width: 13
Area: 143
Features: No
Full Bathrooms: 1
Appliances: Oven, Dishwasher, Disposal, Refrigerator
Rooms: 4
Basement: N
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Belmont Arms
Structure Type: Garden, Low-Rise
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $54,600
Tax Annual Amount: $897
Utilities Details
Cooling Type: None
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Elevator(s)
HOA Fee: $150
Pets Allowed: No
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
02/12/2026
|
2 Bed
|
1 Bath
|
645 ft²
|
$359,000
2 Bed
1 Bath
645 ft²
|
$348,000
-3.06%
05/19/2026
|
Francesca Driscoll
Redfin Corp.
| |
|
11/15/2023
|
1 Bed
|
1 Bath
|
632 ft²
|
$305,000
1 Bed
1 Bath
632 ft²
|
$350,000
+14.75%
01/03/2024
|
The McLaren Team
Compass
| |
|
09/24/2022
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
-
03/21/2023
|
Santana Team
Keller Williams Realty Boston Northwest
| |
|
09/16/2021
|
1 Bed
|
1 Bath
|
632 ft²
|
$279,900
1 Bed
1 Bath
632 ft²
|
$277,000
-1.04%
10/29/2021
|
Michael Joly
Boardwalk Real Estate
| |
|
11/07/2019
|
2 Bed
|
1 Bath
|
645 ft²
|
$249,000
2 Bed
1 Bath
645 ft²
|
$245,000
-1.61%
12/30/2019
|
Edward Fallon
J. Mulkerin Realty
| |
|
10/17/2019
|
1 Bed
|
1 Bath
|
654 ft²
|
$225,000
1 Bed
1 Bath
654 ft²
|
$226,000
+0.44%
11/27/2019
|
Jennifer Hardin
True North Realty
| |
|
07/23/2017
|
2 Bed
|
1 Bath
|
665 ft²
|
$219,900
2 Bed
1 Bath
665 ft²
|
$235,000
+6.87%
09/15/2017
|
John Ross
Village Green Real Estate
| |
|
07/03/2016
|
2 Bed
|
1 Bath
|
640 ft²
|
$194,900
2 Bed
1 Bath
640 ft²
|
$186,000
-4.57%
09/23/2016
|
Edward Fallon
J. Mulkerin Realty
| |
|
10/31/2013
|
2 Bed
|
1 Bath
|
665 ft²
|
$169,900
2 Bed
1 Bath
665 ft²
|
$168,500
-0.82%
11/22/2013
|
Anne Spry
Barrett Sotheby's International Realty
| |
|
08/09/2012
|
2 Bed
|
1 Bath
|
645 ft²
|
$134,900
2 Bed
1 Bath
645 ft²
|
$133,900
-0.74%
12/20/2012
|
EDDIE HOSKINS
HOSKINS REALTY, INC.
| |
|
06/14/2012
|
1 Bed
|
1 Bath
|
632 ft²
|
$164,900
1 Bed
1 Bath
632 ft²
|
$163,000
-1.15%
08/07/2012
|
The Rental Team
Hayden Rowe Properties
| |
|
02/02/2010
|
1 Bed
|
1 Bath
|
632 ft²
|
$99,900
1 Bed
1 Bath
632 ft²
|
$92,000
-7.91%
12/16/2010
|
Richard Witham
Coldwell Banker Residential Brokerage - Haverhill
| |
|
07/16/2007
|
1 Bed
|
1 Bath
|
645 ft²
|
$168,000
1 Bed
1 Bath
645 ft²
|
$163,500
-2.68%
10/11/2007
|
Renee Lombardi
Keller Williams Realty Evolution
| |
|
12/19/2006
|
2 Bed
|
1 Bath
|
654 ft²
|
$179,000
2 Bed
1 Bath
654 ft²
|
$174,500
-2.51%
03/26/2007
|
Carol McDonald
Lamacchia Realty, Inc.
| |
|
12/10/2005
|
1 Bed
|
1 Bath
|
645 ft²
|
$174,900
1 Bed
1 Bath
645 ft²
|
$170,000
-2.80%
03/31/2006
|
Fernando Lamberti
Fernando Lamberti R.E. & Property Management Services
| |
|
12/03/2005
|
2 Bed
|
1 Bath
|
645 ft²
|
$189,900
2 Bed
1 Bath
645 ft²
|
$185,500
-2.32%
03/28/2006
|
Doris Carlson
Fudge Properties
| |
|
07/15/2005
|
1 Bed
|
1 Bath
|
632 ft²
|
$179,900
1 Bed
1 Bath
632 ft²
|
$170,000
-5.50%
01/30/2006
|
Carol M. Kong
RE/MAX Excelsior
| |
|
10/22/2004
|
1 Bed
|
1 Bath
|
632 ft²
|
$182,000
1 Bed
1 Bath
632 ft²
|
$176,000
-3.30%
02/10/2005
|
Mary Anastos
Advancian Realty Inc
| |
|
05/22/2004
|
1 Bed
|
1 Bath
|
654 ft²
|
$172,900
1 Bed
1 Bath
654 ft²
|
$170,000
-1.68%
07/27/2004
|
Robert G. Beane
Boardwalk Real Estate
| |
|
06/27/2002
|
1 Bed
|
1 Bath
|
632 ft²
|
$150,000
1 Bed
1 Bath
632 ft²
|
$140,000
-6.67%
08/15/2002
|
Norma Cohen
Coldwell Banker Residential Brokerage - Andover
| |
|
05/08/1999
|
1 Bed
|
1 Bath
|
654 ft²
|
$92,500
1 Bed
1 Bath
654 ft²
|
$87,000
-5.95%
11/16/1999
|
Dianne Olsen
Brad Hutchinson Real Estate
| |
|
02/22/1996
|
2 Bed
|
1 Bath
|
6450 ft²
|
$69,900
2 Bed
1 Bath
6450 ft²
|
$67,500
-3.43%
11/08/1996
|
Edward S. Ruff
Carlson GMAC Real Estate
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017