$201,000
●
Property -
Off Market
5 Maple Street
Reading, MA 01867
Studio
1 Bath
805 Ft²
$399,379
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model
About This Property
New Year - New Price! Duplex style condo in picturesque
location has front den, large eat-in kitchen w/ample cabinets, good
storage and easy commuting via commuter rail (walking distance) and
major highways. Number crunchers will be pleased to note this home
could be more economical than renting. Convenience of in-unit
laundry & private, fenced yard with patio makes this property an
attractive alternative to complex living with no actual monthly fee
Unit Size
805 Ft²
Days on Market
-
Land Size
-
Price per sqft
$261
Property Type
Property
Property Taxes
$229
HOA Dues
-
Year Built
1920
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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 #71445993)
Price History
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Width: 20
Length: 9
Features: Flooring - Vinyl, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup
Area: 180
Length: 13
Level: First
Area: 195
Features: Flooring - Hardwood
Width: 15
Features: Closet, Flooring - Hardwood
Level: First
Length: 12
Width: 15
Area: 180
Length: 7
Level: First
Area: 98
Features: Closet - Cedar, Flooring - Wall to Wall Carpet
Width: 14
Full Bathrooms: 1
Interior Features: Cedar Closet(s), Home Office
Appliances: Range, Dishwasher, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet
Rooms: 4
Basement: Y
Parking Details
Parking Features: Off Street, Tandem, Deeded, Common, Paved
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condex
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: 4235430
Water Source: Public
Financial Details
Tax Assessed Value: $183,600
Tax Annual Amount: $2,743
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer
Cooling Type: Window Unit(s)
Heating Type: Forced Air, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
Association Fee Frequency: Annually
Community Features: Public Transportation, Shopping, Park, Medical Facility, Public School, T-Station
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
05/04/2015
|
1 Bed
|
1 Bath
|
826 ft²
|
$224,900
1 Bed
1 Bath
826 ft²
|
$232,000
+3.16%
06/18/2015
|
Mary Ann Quinn Team
Premier Realty Group, Inc.
| |
|
10/10/2012
| |
1 Bed
|
1 Bath
|
805 ft²
|
$209,900
1 Bed
1 Bath
805 ft²
|
$201,000
-4.24%
07/22/2013
|
Alison Socha Group
RE/MAX Leading Edge
|
|
10/29/2003
|
1 Bed
|
1 Bath
|
9999 ft²
|
$242,000
1 Bed
1 Bath
9999 ft²
|
$237,000
-2.07%
01/30/2004
|
Robert Del Greco
Compass
| |
|
10/01/2000
|
Loft
|
1 Bath
|
9999 ft²
|
$159,900
Loft
1 Bath
9999 ft²
|
$157,900
-1.25%
01/25/2001
|
Phyllis Larkin
Phyllis Larkin
|
Building Info
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