$325,500
●
Condo -
Off Market
408 Gazebo Circle #408
Reading, MA 01867
2 Beds
2 Baths,
1
Half Bath
1,168 Ft²
$639,583
RealtyHop Estimate
88.67%
Since Jul 1, 2004
MA-Boston
Primary Model
About This Property
please allow 48 hours for offer to be accepted by relo company
Unit Size
1,168 Ft²
Days on Market
-
Land Size
-
Price per sqft
$290
Property Type
Condo
Property Taxes
$283
HOA Dues
$225
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: 6 months ago (MLSPIN #70019766)
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
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Off Street, Under
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Trash Compactor
Flooring Type: Wood
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1168
Year Built Source: Public Records
Year Built: 1996
Building Name: Summit Villagge
Building Area Total: 1168
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $277,900
Tax Annual Amount: $3,399
Utilities Details
Cooling Type: Central Air, Heat Pump
Heating Type: Forced Air
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $225
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