$549,900
●
Condo -
Off Market
3 Leaning Elm Dr #3
Reading, MA 01867
2 Beds
1 Bath,
2
Half Baths
2,334 Ft²
$966,779
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model
About This Property
ENJOY THE BEST OF BOTH WORLDS IN A SECLUDED SETTING, yet close to
major highway and shopping. This two bedroom, END UNIT with
central air conditioning, is NESTLED off the main road among only
ELEVEN other OWNER OCCUPIED TOWNHOMES. Large kitchen has granite
counters, recessed lighting and a separate eating area. Also, there
is a half bath on the first floor. Foyer with cathedral-style
ceiling flows into the combination Living/Dining room with hardwood
floors and sliding doors leading to a deck overlooking PRIVATE
greenspace. Second floor has two bedrooms including the MASTER
SUITE with master bath and a large walk-in closet. Oversized
finished basement is complete with recessed lighting, a half
bath, wall to wall carpeting and sliders leading out to the patio.
Grounds are meticulously manicured by professional landscapers.
ONLY TWO OTHER UNITS HAVE BEEN RE-SOLD SINCE LEANING ELM TOWNHOMES
WERE BUILT IN 1997.
Unit Size
2,334 Ft²
Days on Market
-
Land Size
-
Price per sqft
$236
Property Type
Condo
Property Taxes
$435
HOA Dues
$334
Year Built
1997
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 months ago (MLSPIN #71905111)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2015 | Sold | ||
| Sold | |||
| Sep 16, 2015 | Listed by Leading Edge Real Estate | $549,900 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
ENJOY THE BEST OF BOTH WORLDS IN A SECLUDED SETTING, yet close to major highway and shopping. This two bedroom, END UNIT with central air conditioning, is NESTLED off the main road among only ELEVEN other OWNER OCCUPIED TOWNHOMES. Large kitchen has granite counters, recessed lighting and a separate eating area. Also, there is a half bath on the first floor. Foyer with cathedral-style ceiling flows into the combination Living/Dining room with hardwood floors and sliding doors leading to a deck overlooking PRIVATE greenspace. Second floor has two bedrooms including the MASTER SUITE with master bath and a large walk-in closet. Oversized finished basement is complete with recessed lighting, a half bath, wall to wall carpeting and sliders leading out to the patio. Grounds are meticulously manicured by professional landscapers. ONLY TWO OTHER UNITS HAVE BEEN RE-SOLD SINCE LEANING ELM TOWNHOMES WERE BUILT IN 1997.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Deeded, Off Street, Common, Guest, Paved
Garage Spaces: 1
Interior Details
Half Bathrooms: 2
Full Bathrooms: 1
Interior Features: Cathedral Ceiling(s), Entrance Foyer, Closet
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Tile, Vinyl, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
Door Features: Storm Door(s), Insulated Doors
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 6
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2334
Security Features: Security System
Year Built Source: Public Records
Year Built: 1997
Building Name: Leaning Elm Townhomes
Building Area Total: 2334
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Porch, Patio, Deck - Wood
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $355,000
Tax Annual Amount: $5,219
Utilities Details
Cooling Type: Central Air, Dual
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance
HOA Fee: $334
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 |
|---|---|---|---|---|---|---|---|
|
09/16/2015
|
2 Bed
|
3 Bath
|
2334 ft²
|
$549,900
2 Bed
3 Bath
2334 ft²
|
$549,900
12/02/2015
|
Sal Dipinto
Coldwell Banker Realty - Winchester
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017