$305,000
●
Condo -
Off Market
408 Gazebo Circle #408
Reading, MA 01867
2 Beds
3 Baths,
1
Half Bath
1,138 Ft²
$671,231
RealtyHop Estimate
110.42%
Since May 1, 2003
MA-Boston
Primary Model
About This Property
OUTSTANDING 6 YEAR OLD, 2 BEDROOM TOWNHOUSE AT SUMMIT VILLAGE. TWO
FULL AND ONE HALF BATH.PRIVATE GARAGE AND PRIVATE DRIVEWAY.C/A,NEW
HARDWOOD FLOORS,FULL SIZE WASHER/ DRYER HOOKUP OFF KITCHEN.PETS OK.
Unit Size
1,138 Ft²
Days on Market
-
Land Size
-
Price per sqft
$280
Property Type
Condo
Property Taxes
$242
HOA Dues
$218
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: 4 years ago (MLSPIN #30684686)
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 | |||
| | |||
|
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.
| |||
| 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
Garage
Parking Available
Fireplace
Interior Details
Level: Second
Width: 14
Length: 8
Area: 112
Level: Third
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Width: 10
Length: 11
Area: 110
Width: 11
Features: Flooring - Hardwood
Length: 10
Level: Second
Area: 110
Length: 12
Level: Second
Area: 192
Features: Ceiling Fan(s), Flooring - Hardwood, Balcony / Deck
Width: 16
Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony / Deck
Level: Third
Length: 16
Width: 12
Area: 192
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet
Laundry Features: Second Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Garage Door Opener, Storage, 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
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: 730692
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 0013
Tax Assessed Value: $252,600
Tax Annual Amount: $2,902
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA Fee: $218
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat
Complex is Completed
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