$156,789
●
Condo -
Off Market
243 Main Street #D2
Reading, MA 01867
2 Beds
1 Bath
761 Ft²
$284,558
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model
About This Property
ARE YOU AN INVESTOR? OR ARE YOU LOOKING TO OWN FOR LESS THAN
RENTING? Either way, this TWO BEDROOM unit at
BELMONT ARMS may be the perfect fit for you! The unit
is bright and spacious, with newer carpet just professionally
cleaned for you. All walls were professionally painted two
years ago. Easy access for young and older, this unit is
ready to move right in. There are laundry facilities
right in the building. The condo fee of $283 includes
heat and hot water! The unit has one assigned parking space
#69 and plenty of guest parking. There is also an
outside grassy area for play and picnics. Enjoy easy access
to the highway and town happenings!
Unit Size
761 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
Condo
Property Taxes
$189
HOA Dues
$291
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 #71695353)
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 | |||
| | |||
|
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!
| |||
| Aug 29, 2014 | Sold | ||
| Sold | |||
| Jun 9, 2014 | Listed by Cameron Real Estate Group | $156,789 | |
| Listed by Cameron Real Estate Group | |||
| | |||
|
ARE YOU AN INVESTOR? OR ARE YOU LOOKING TO OWN FOR LESS THAN RENTING? Either way, this TWO BEDROOM unit at BELMONT ARMS may be the perfect fit for you! The unit is bright and spacious, with newer carpet just professionally cleaned for you. All walls were professionally painted two years ago. Easy access for young and older, this unit is ready to move right in. There are laundry facilities right in the building. The condo fee of $283 includes heat and hot water! The unit has one assigned parking space #69 and plenty of guest parking. There is also an outside grassy area for play and picnics. Enjoy easy access to the highway and town happenings!
| |||
| Oct 31, 2013 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Assigned, Guest, Paved
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Vinyl, Carpet
Laundry Features: In Building
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 761
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1969
Building Name: Belmont Arms
Building Area Total: 761
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $153,500
Tax Annual Amount: $2,263
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Storage
HOA Fee: $291
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/29/2021
|
2 Bed
|
1 Bath
|
772 ft²
|
$275,000
2 Bed
1 Bath
772 ft²
|
$306,000
+11.27%
06/04/2021
|
EdVantage Home Group
RE/MAX Platinum
| |
|
10/12/2018
|
2 Bed
|
1 Bath
|
772 ft²
|
$259,000
2 Bed
1 Bath
772 ft²
|
$258,000
-0.39%
11/30/2018
|
Mary Sexton
Century 21 Sexton & Donohue
| |
|
06/19/2018
| |
2 Bed
|
1 Bath
|
772 ft²
|
-
2 Bed
1 Bath
772 ft²
|
-
-
|
-
|
|
06/18/2018
|
2 Bed
|
1 Bath
|
772 ft²
|
$224,900
2 Bed
1 Bath
772 ft²
|
$240,000
+6.71%
07/30/2018
|
Andrew Sarno
RE/MAX Andrew Realty Services
| |
|
06/01/2018
|
1 Bed
|
1 Bath
|
763 ft²
|
$219,000
1 Bed
1 Bath
763 ft²
|
$224,000
+2.28%
06/28/2018
|
Holly Welch
Churchill Properties
| |
|
04/19/2018
|
2 Bed
|
1 Bath
|
760 ft²
|
$229,987
2 Bed
1 Bath
760 ft²
|
$229,000
-0.43%
05/22/2018
|
Holly Welch
Churchill Properties
| |
|
10/29/2017
|
2 Bed
|
1 Bath
|
761 ft²
|
$219,900
2 Bed
1 Bath
761 ft²
|
$222,000
+0.95%
11/29/2017
|
Jason Goldfarb
Cameron Real Estate Group
| |
|
06/09/2017
|
2 Bed
|
1 Bath
|
773 ft²
|
$209,900
2 Bed
1 Bath
773 ft²
|
$230,000
+9.58%
07/21/2017
|
Andrew Sarno
RE/MAX Andrew Realty Services
| |
|
12/04/2015
|
2 Bed
|
1 Bath
|
772 ft²
|
$199,900
2 Bed
1 Bath
772 ft²
|
$199,900
01/28/2016
|
Maureen Fuccillo
Century 21 Commonwealth
| |
|
11/12/2015
|
2 Bed
|
1 Bath
|
772 ft²
|
$175,900
2 Bed
1 Bath
772 ft²
|
$176,000
+0.06%
01/22/2016
|
Michael Joly
Boardwalk Real Estate
| |
|
05/01/2015
|
2 Bed
|
1 Bath
|
772 ft²
|
$179,900
2 Bed
1 Bath
772 ft²
|
$174,500
-3.00%
06/30/2015
|
Karen A. Herrick
Greenleaf Properties
| |
|
06/09/2014
|
2 Bed
|
1 Bath
|
761 ft²
|
$156,789
2 Bed
1 Bath
761 ft²
|
$156,789
08/29/2014
|
Patricia Black
Premier Realty Group, Inc.
| |
|
03/12/2014
|
2 Bed
|
1 Bath
|
772 ft²
|
$189,000
2 Bed
1 Bath
772 ft²
|
$189,000
04/30/2014
|
Dottye Vaccaro Team
RE/MAX Leading Edge
| |
|
05/15/2012
|
2 Bed
|
1 Bath
|
761 ft²
|
$149,000
2 Bed
1 Bath
761 ft²
|
$140,000
-6.04%
10/31/2013
|
Patricia Black
Premier Realty Group, Inc.
| |
|
04/17/2012
|
1 Bed
|
1 Bath
|
763 ft²
|
$164,000
1 Bed
1 Bath
763 ft²
|
$158,500
-3.35%
07/31/2012
|
Diane King
Homebin Discount Realty
| |
|
09/09/2010
|
1 Bed
|
1 Bath
|
763 ft²
|
$174,900
1 Bed
1 Bath
763 ft²
|
-
-
|
Kimberley Kaufman
Century 21 Sexton & Donohue
| |
|
10/28/2009
|
2 Bed
|
1 Bath
|
760 ft²
|
$189,000
2 Bed
1 Bath
760 ft²
|
$180,000
-4.76%
12/21/2009
|
Sherri Greer
Fitzgerald & Associates
| |
|
10/02/2008
|
2 Bed
|
1 Bath
|
760 ft²
|
$189,000
2 Bed
1 Bath
760 ft²
|
$182,000
-3.70%
12/11/2008
|
Steven Macdonald
Coldwell Banker Realty - Lynnfield
| |
|
04/18/2006
|
2 Bed
|
1 Bath
|
772 ft²
|
$225,000
2 Bed
1 Bath
772 ft²
|
$226,000
+0.44%
06/05/2006
|
Lois McColgan
Leading Edge Real Estate
| |
|
02/28/2006
|
2 Bed
|
1 Bath
|
772 ft²
|
$184,900
2 Bed
1 Bath
772 ft²
|
$184,000
-0.49%
07/14/2006
|
Judy Bernard
Corner Stone Realty
| |
|
01/30/2006
|
2 Bed
|
1 Bath
|
760 ft²
|
$189,900
2 Bed
1 Bath
760 ft²
|
$186,000
-2.05%
06/02/2006
|
Lois McColgan
Leading Edge Real Estate
| |
|
01/05/2004
|
1 Bed
|
1 Bath
|
435 ft²
|
$109,900
1 Bed
1 Bath
435 ft²
|
$106,000
-3.55%
02/23/2004
|
Ronald Freni
Colonial Manor Realty
| |
|
08/19/2002
|
1 Bed
|
1 Bath
|
763 ft²
|
$169,900
1 Bed
1 Bath
763 ft²
|
$160,000
-5.83%
10/21/2002
|
Doug Morrow
Churchill Properties
| |
|
06/29/2001
|
2 Bed
|
1 Bath
|
772 ft²
|
$154,900
2 Bed
1 Bath
772 ft²
|
$153,000
-1.23%
08/01/2001
|
Kimberley Kaufman
Century 21 Sexton & Donohue
| |
|
05/23/2001
|
Studio
|
1 Bath
|
435 ft²
|
$89,900
Studio
1 Bath
435 ft²
|
$89,900
08/08/2001
|
Sam Stella
Sam Stella REALTORS®
| |
|
03/19/2000
|
2 Bed
|
1 Bath
|
773 ft²
|
$119,900
2 Bed
1 Bath
773 ft²
|
$114,000
-4.92%
06/01/2000
|
Stephen Conroy
The Thomson Companies
| |
|
07/29/1999
|
1 Bed
|
1 Bath
|
743 ft²
|
$85,000
1 Bed
1 Bath
743 ft²
|
$79,500
-6.47%
09/21/1999
|
Joyce Kiley
Boardwalk Real Estate
| |
|
07/06/1999
|
2 Bed
|
1 Bath
|
761 ft²
|
$119,900
2 Bed
1 Bath
761 ft²
|
$110,900
-7.51%
08/18/1999
|
Patricia Black
Premier Realty Group, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017