$189,500
●
Condo -
Off Market
5 Bancroft Ave #5
Reading, MA 01867
2 Beds
1 Bath,
1
Half Bath
949 Ft²
$418,701
RealtyHop Estimate
109.91%
Since Dec 1, 2010
MA-Boston
Primary Model
About This Property
2 Bedroom, 1.5 Townhouse built in 2007. Close to down town Reading,
shopping, and transportation. Room for expansion in the basement.
This property is Corporate owned. Cash offers only. Seller will not
be able to provide a 6D, no active condo association. All offers
are to be submitted with proof of funds and 10% earnest money.
Buyer to sign seller's addendums.
Unit Size
949 Ft²
Days on Market
-
Land Size
-
Price per sqft
$210
Property Type
Condo
Property Taxes
$417
HOA Dues
$150
Year Built
2007
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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: 13 months ago (MLSPIN #71110547)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2010 | Sold | ||
| Sold | |||
| Jul 15, 2010 | Listed by Atlantic Coast Homes,Inc | $199,470 | |
| Listed by Atlantic Coast Homes,Inc | |||
| | |||
|
2 Bedroom, 1.5 Townhouse built in 2007. Close to down town Reading, shopping, and transportation. Room for expansion in the basement. This property is Corporate owned. Cash offers only. Seller will not be able to provide a 6D, no active condo association. All offers are to be submitted with proof of funds and 10% earnest money. Buyer to sign seller's addendums.
| |||
| Jun 2, 2010 | Listed | $259,900 | |
| Listed | |||
| | |||
|
LOVELY 5 ROOM / 2 BEDROOM TOWNHOUSE LOCATED NEAR TOWN AND WALK TO THE TRAIN. LIGHT AND BRIGHT, NEARLY NEW CONDITION. LR / DR HARDWOOD FLOORS, CHANDELIER, KITCHEN WITH NEWER APPLIANCES. RECESSED LIGHTING, FIRST FLOOR HALF BATH. DINING ROOM WITH DOUBLE DOORS LEADING TO PORCH AND PRIVATE YARD / PAVER DRIVEWAY TO PARK 2 CARS OFF STREET. 2 GENEROUS SIZE BEDROOMS, WW CARPET, CEILING FANS AND SECOND FLOOR FULL BATH. GREAT LOCATION NEAR ALL MAJOR TRAVEL ROUTES AND TRAIN.
| |||
| May 20, 2010 | Listed | $289,900 | |
| Listed | |||
| | |||
|
Charming 2 Bedroom, 1.5 Townhouse built in 2007. Sunny and bright open floor plan on the main level. Modern kitchen features new cabinets and stainless steel aplliances. Close to down town Reading, shopping, and transportation. Unfinished lower level has potential for development.
| |||
Property Highlights
Parking Available
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 949
Square Footage Source: $0
Security Features: Intercom
Year Built Source: Public Records
Year Built: 2007
Building Area Total: 949
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $363,600
Tax Annual Amount: $5,000
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Hot Water
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Snow Removal
HOA Fee: $150
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 |
|---|---|---|---|---|---|---|---|
|
05/20/2010
|
2 Bed
|
1 Bath
|
949 ft²
|
$289,900
2 Bed
1 Bath
949 ft²
|
-
-
|
Dean Harris
Harris & Kroon Realty Associates
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017