$217,500
●
Condo -
Off Market
3 Summit #29
Reading, MA
2 Beds
2 Baths
1,100 Ft²
$444,016
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model
About This Property
SPACIOUS (almost 1100 sq.ft) 2 bdrm unit in DESIRABLE Summit
Towers! Large eat-in kitchen w/tile floors. UPDATED baths-one
w/sitting tub/jets, both have granite counters & new faucets.
Master bdrm has HUGE walk-in closet/full bath/large windows.
CLOSETS GALORE. Large covered balcony can easily fit patio table &
chairs. Condo fee includes heat, hot water, water/sewer & central
A/C. Perfect LOCATION (overlooks woods), in a well managed complex
w/high owner occupancy. FHA approved. CHECK IT OUT!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
Condo
Property Taxes
$255
HOA Dues
$389
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 #71483746)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2013 | Sold | ||
| Sold | |||
| Feb 18, 2013 | Listed by Keller Williams Realty Evolution | $219,900 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 7
Length: 12
Features: Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Recessed Lighting
Area: 84
Level: Second
Area: 30
Width: 5
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Handicap Equipped, Jacuzzi / Whirlpool Soaking Tub, Remodeled
Length: 6
Area: 30
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid, Handicap Accessible, Remodeled
Length: 6
Level: Second
Width: 5
Level: Second
Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Cable Hookup, Recessed Lighting
Width: 12
Length: 11
Area: 132
Width: 12
Features: Flooring - Wood, Open Floorplan
Length: 10
Level: Second
Area: 120
Length: 18
Level: Second
Area: 288
Features: Flooring - Wall to Wall Carpet, Balcony / Deck, Cable Hookup, Exterior Access, Recessed Lighting, Slider
Width: 16
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Picture, Cable Hookup, High Speed Internet Hookup, Recessed Lighting
Level: Second
Length: 16
Width: 12
Area: 192
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Tile, Carpet, Parquet
Laundry Features: In Basement, Common Area, In Building
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Common, Guest, Paved
Exterior Details
Entry Level: 2
Security Features: Intercom, Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Towers
Structure Type: Garden
Stories (Total): 7
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Patio and Porch Features: Covered
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RES
Parcel Number: 730940
Water Source: Public
Financial Details
Tax Assessed Value: $216,000
Tax Annual Amount: $3,056
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Central Air
Heating Type: Central, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Air Conditioning
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Elevator(s), Storage
Association Fee Frequency: Monthly
HOA Fee: $389
Community Features: Public Transportation, Shopping, Pool, Park, Highway Access, House of Worship, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017