28 Carnation Circle #C
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Relisted | $739,000 | |
| Relisted | |||
| Aug 16, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Listed by Monteleo Realty | $739,000 | |
| Listed by Monteleo Realty | |||
| |||
|
Back on the Market! Welcome to this this spacious, 3 bedroom, 2-bath condo in Reading’s sought-after Greenhouse Acres, tucked into a quiet cul-du-sac. It’s a commuter’s dream right off I-95 and I-93 and just minutes from the commuter rail. Walk to parks, downtown Reading, Lake Quannapowitt, or drive just a few minutes to Lynnfield MarketStreet to enjoy more great restaurants and shopping!This home offers a floor plan with soaring cathedral ceilings, that create a bright and airy living space. The layout is ideal for everyday living and entertaining, with large rooms throughout and excellent flow from kitchen to dining to living areas. All three bedrooms are generously sized, including a standout en suite featuring its own full bathroom and a loft that works perfectly as a home office, reading space, or quiet retreat. The partially finished basement adds even more versatility, making it a great option for a kids’ playroom, hobby area, or additional storage. Move-in ready and built for low-maintenance, easy living. Updated HVAC system, new oil tank, water tank, brand new garage door, and updated appliances mean there's nothing left to do but unpack. Central A/C keeps things comfortable year-round, and the two-car garage offers convenient interior access directly into the unit.This is a wonderful opportunity to enjoy space, comfort, and convenience in Greenhouse Acres, one of Reading’s most desirable locations.
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| Sep 30, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/19/2025
|
3 Bed
|
3 Bath
|
2128 ft²
|
$729,900
3 Bed
3 Bath
2128 ft²
|
$788,000
+7.96%
04/30/2025
|
Chuha & Scouten Team
Leading Edge Real Estate
| |
|
08/18/2021
|
2 Bed
|
2 Bath
|
2013 ft²
|
$599,900
2 Bed
2 Bath
2013 ft²
|
$645,000
+7.52%
09/30/2021
|
Stephen Conroy
The Thomson Companies
| |
|
03/08/2017
|
3 Bed
|
2 Bath
|
1840 ft²
|
$475,000
3 Bed
2 Bath
1840 ft²
|
$465,500
-2.00%
08/11/2017
|
Don Little
Cameron Real Estate Group
| |
|
03/20/2002
|
2 Bed
|
2 Bath
|
3106 ft²
|
$399,000
2 Bed
2 Bath
3106 ft²
|
$380,000
-4.76%
06/07/2002
|
Martha Nappi
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017