$222,000
●
Condo -
Off Market
243 Main #D2
Reading, MA
2 Beds
1 Bath
761 Ft²
$348,820
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
AWESOME COMMUTERS LOCATION! Only 1.5 miles to Rt 95/128 and a short
walk to downtown Reading and the rail station! This TWO BEDROOM
unit at BELMONT ARMS is ready to MOVE IN! This lovely unit is
bright and spacious with fresh paint and NEW carpeting THROUGHOUT.
The kitchen is eat-in and features NEWER flooring, a NEW gas range,
and microwave dishwasher. Disposal and refrigerator included. The
bathroom is renovated less than 1 year ago! You'll enjoy assigned
parking with visitor spots available and the common green
space/picnic area adjacent to the lot. Laundry facilities are in
the building as well as a designated storage space in the attic.
CONDO FEE INCLUDES HEAT, HOT WATER, GAS, SNOW REMOVAL AND MORE! You
know this won't last so come see it NOW!
Unit Size
761 Ft²
Days on Market
-
Land Size
-
Price per sqft
$289
Property Type
Condo
Property Taxes
$188
HOA Dues
$365
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 years ago (MLSPIN #72249021)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 29, 2017 | Sold | ||
| Sold | |||
| Oct 29, 2017 | Listed by Cameron Real Estate Group | $219,900 | |
| Listed by Cameron Real Estate Group | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Vinyl
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Bathroom - Full
Level: First
Features: Flooring - Wall to Wall Carpet
Level: First
Level: First
Features: Closet, Flooring - Wall to Wall Carpet, Cable Hookup
Full Bathrooms: 1
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Vinyl, Carpet
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Has Property Attached
Entry Level: 1
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: res
Parcel Number: 731679
Water Source: Public
Financial Details
Tax Assessed Value: $156,789
Tax Annual Amount: $2,259
Utilities Details
Utilities: for Gas Range
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Laundry, Storage
Association Fee Frequency: Monthly
HOA Fee: $365
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Private School, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017