$245,000
●
Condo -
Off Market
42 Main #23
North Reading, MA
2 Beds
1 Bath
741 Ft²
$321,890
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Why rent when you can own this newly updated unit for less?
All New - stainless steel refrigerator, dishwasher, gas
stove and microwave in this top floor corner 2 bedroom unit at Park
Colony in No. Reading. Hardwood floors, freshly paint
throughout and updated tile bath await you. Enjoy the wonderful
fall weather on your deck. Plenty of parking, in-building
laundry, outdoor storage space and bike shed. Professionally
maintained complex is pet friendly, plenty of outdoor space
including an inground pool & spacious picnic area complete with
grills! You will be minutes to shopping services, dining and
just 2 miles to Rte. 93. Condo fees include heat, hot water,
and gas. Move in Ready! Make your appointment today and judge
for yourself!
Unit Size
741 Ft²
Days on Market
-
Land Size
-
Price per sqft
$331
Property Type
Condo
Property Taxes
$249
HOA Dues
$388
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 #72738005)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Oct 6, 2020 | Listed by Joe Bean Real Estate | $245,000 | |
| Listed by Joe Bean Real Estate | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Third
Width: 10
Length: 11
Features: Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Upgraded
Area: 110
Level: Third
Features: Closet, Flooring - Hardwood
Width: 11
Length: 11
Area: 121
Features: Bathroom - Full, Bathroom - Tiled With Tub
Level: Third
Length: 17
Level: Third
Area: 187
Features: Closet, Flooring - Hardwood, Balcony / Deck
Width: 11
Features: Closet, Flooring - Hardwood
Level: Third
Length: 11
Width: 14
Area: 154
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Hardwood
Laundry Features: In Basement, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 3
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Park Colony
Structure Type: Garden
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: RA
Parcel Number: 717859
Water Source: Public
Financial Details
Tax Assessed Value: $191,900
Tax Annual Amount: $2,994
Utilities Details
Utilities: for Gas Range
Cooling Type: Window Unit(s)
Heating Type: Baseboard
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry
Association Fee Frequency: Monthly
HOA Fee: $388
Community Features: Public Transportation, Shopping, Pool, Laundromat, Highway Access, House of Worship, Public School
Pets Allowed: Yes
Complex is Completed
Management: Resident Superintendent
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017