$335,000
●
Condo -
Off Market
408 Gazebo Cir #408
Reading, MA 01867
2 Beds
3 Baths,
1
Half Bath
1,168 Ft²
$697,882
RealtyHop Estimate
101.76%
Since Apr 1, 2008
MA-Boston
Primary Model
About This Property
Beautifully updated 2-level townhouse at Gazebo Circle. Private,
rear-facing unit has new marble flooring in the entryway and
gorgeous hardwood floors in the living room and dining room. Great
open concept is ideal for entertaining. Hot water tank is less than
3 years old. Features: recessed lighting, central air, gas
fireplace, built-in wine cooler, two balconies, and surround sound.
Unit Size
1,168 Ft²
Days on Market
-
Land Size
-
Price per sqft
$296
Property Type
Condo
Property Taxes
$329
HOA Dues
$266
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: 5 years ago (MLSPIN #70706873)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2008 | Sold | ||
| Sold | |||
| Feb 4, 2008 | Listed by J. Mulkerin Realty | $345,900 | |
| Listed by J. Mulkerin Realty | |||
| Jun 29, 2004 | Sold | ||
| Sold | |||
| Apr 15, 2004 | Listed by Leading Edge Real Estate | $339,000 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
please allow 48 hours for offer to be accepted by relo company
| |||
| Apr 18, 2003 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 7
Length: 8
Features: Pantry
Area: 56
Level: Second
Features: Bathroom - Full
Level: Second
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Width: 10
Length: 11
Area: 110
Width: 11
Features: Flooring - Hardwood
Length: 11
Level: First
Area: 121
Features: Bathroom - Half
Level: First
Length: 16
Level: First
Area: 208
Features: Ceiling Fan(s), Flooring - Hardwood, Balcony / Deck
Width: 13
Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony / Deck
Level: Second
Length: 16
Width: 12
Area: 192
Features: Bathroom - Full
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: First Floor, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Village
Structure Type: Townhouse, Low-Rise
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: U
Parcel Number: M:013.A00000408.0, 730692
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $327,500
Tax Annual Amount: $3,953
Utilities Details
Utilities: for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Central, Forced Air, Heat Pump, Natural Gas, Hydro Air
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $266
Community Features: Public Transportation, Shopping
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
02/04/2008
|
2 Bed
|
3 Bath
|
1168 ft²
|
$345,900
2 Bed
3 Bath
1168 ft²
|
$335,000
-3.15%
03/27/2008
|
Donna Adgate
Prudential Preferred Realty
| |
|
04/15/2004
|
2 Bed
|
3 Bath
|
1168 ft²
|
$339,000
2 Bed
3 Bath
1168 ft²
|
$325,500
-3.98%
06/29/2004
|
Joan Theuer
Re/max Leading Edge R. E.
| |
|
01/29/2003
|
2 Bed
|
3 Bath
|
1138 ft²
|
$319,000
2 Bed
3 Bath
1138 ft²
|
$305,000
-4.39%
04/18/2003
|
Helen Vitale
Era Andrew Schmid R.E.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017