$375,000
●
Condo -
Off Market
4 Summit #201
Reading, MA
2 Beds
2 Baths
1,040 Ft²
$337,608
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Fantastic opportunity to bring your decorating ideas and make this
corner unit at the desirable Summit Terrace Condominiums your
own!!! Located on the 2nd floor of this elevator building,
you will find this 2 bed 2 full bath awaiting its new owner.
The layout is perfect for entertaining with a kitchen
overlooking a spacious dining area/living room. Primary en-
suite bedroom with plenty of closet space and an additional bedroom
and full bath. Enjoy warmer months on the private balcony or
with the central AC. Luxury condo living at its finest in a
tranquil environment with 1 car garage parking and plenty of
additional parking outside for a 2nd car or guest.
Washer/Dryer in unit, and extra storage in the lower level.
Don't hesitate....schedule your showing today!!!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
-
Price per sqft
$322
Property Type
Condo
Property Taxes
$365
HOA Dues
$693
Year Built
-
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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: 5 years ago (MLSPIN #72973329)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 28, 2022 | Listed by LAER Realty Partners | $335,000 | |
| Listed by LAER Realty Partners | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 8
Length: 11
Area: 88
Level: Second
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Width: 11
Length: 14
Area: 154
Features: Bathroom - Full, Bathroom - With Tub & Shower
Level: Second
Length: 20
Level: Second
Area: 280
Features: Flooring - Wall to Wall Carpet
Width: 14
Features: Closet, Flooring - Wall to Wall Carpet
Level: Second
Length: 14
Width: 12
Area: 168
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet
Laundry Features: Washer Hookup
Rooms: 4
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Deeded, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Summit Terrace
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Water Source: Public
Financial Details
Tax Assessed Value: $328,600
Tax Annual Amount: $4,380
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Heat Pump
Heating Type: Heat Pump, Natural Gas, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Elevator(s), Garden Area
Association Fee Frequency: Monthly
HOA Fee: $693
Pets Allowed: No
Complex is Completed
Management: Professional - Off Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017