$375,000
●
Condo -
Off Market
413 Gazebo Circle #413
Reading, MA 01867
2 Beds
2 Baths
1,197 Ft²
$680,953
RealtyHop Estimate
79.25%
Since May 1, 2006
MA-Boston
Primary Model
About This Property
Garden style condo unit at desirable Summit Village. Very
large, bright and sunny, corner unit offers ease of one level
living on first floor with direct access to laundry-mud-storage
room, garage and outdoors. This comfortable, spacious unit
with fireplaced living room and balcony off of dining room has been
recently repainted with new dining/living room carpeting and
new tile floors in both bathrooms and kitchen. Master
bedroom has full bath and large walk-in closet.
Unit Size
1,197 Ft²
Days on Market
-
Land Size
-
Price per sqft
$317
Property Type
Condo
Property Taxes
$319
HOA Dues
$221
Year Built
1996
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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 #70325351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Classified Realty Group | $519,900 | |
| Listed by Classified Realty Group | |||
| | |||
|
Private corner unit offering single level living at Summit Village. Two bedrooms, two full baths open floor plan including a combination living / dining room. Hardwood floors, fireplace with deck, updated kitchen with granite countertops. Lots of windows providing lots of natural sunlight, a new water heater tank and an upgraded in-unit laundry. Two car parking and attached garage, where you can access the unit. Plenty of guest parking spots. Minutes from 28, 1-95, and I-93 and moments from the commuter rail, shopping and restaurants. First showings open house Friday 4/22 from 3-6. Offers are due Monday 4/25 by 2:00
| |||
| Apr 7, 2006 | Sold | ||
| Sold | |||
| Feb 1, 2006 | Listed by Cameron Real Estate Group | $379,900 | |
| Listed by Cameron Real Estate Group | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Level: First
Width: 9
Length: 14
Features: Flooring - Stone/Ceramic Tile, Dining Area
Area: 126
Level: First
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 14
Area: 168
Width: 10
Features: Flooring - Wall to Wall Carpet, Balcony / Deck
Length: 11
Level: First
Area: 110
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: First
Length: 15
Level: First
Area: 195
Features: Flooring - Wall to Wall Carpet
Width: 13
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: First
Length: 15
Width: 12
Area: 180
Features: Yes
Full Bathrooms: 2
Interior Features: Mud Room
Appliances: Range, Dishwasher, Disposal, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Tile, Carpet
Laundry Features: First Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Summit Village
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: R
Parcel Number: M:013.A00000413.0, 730697
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $316,400
Tax Annual Amount: $3,822
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air, Heat Pump, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $221
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 |
|---|---|---|---|---|---|---|---|
|
04/20/2022
|
2 Bed
|
2 Bath
|
1197 ft²
|
$519,900
2 Bed
2 Bath
1197 ft²
|
$526,000
+1.17%
05/16/2022
|
Lynn Strazzere
Classified Realty Group
| |
|
02/01/2006
|
2 Bed
|
2 Bath
|
1197 ft²
|
$379,900
2 Bed
2 Bath
1197 ft²
|
$375,000
-1.29%
04/07/2006
|
Deborah Somers
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017