$400,000
●
Condo -
Off Market
502 Gazebo Cir #502
Reading, MA 01867
2 Beds
2 Baths
1,197 Ft²
$631,971
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model
About This Property
Sought after Summit Village corner unit with one floor, 1st level
living! One car garage (23x14) with direct entry into unit. In unit
large laundry room with full sized, side by side units included and
many built in storage shelves. Sliders to balcony overlooking back
of complex. Master bedroom with full bath and walk in closet. 2nd
bedroom with 2 closets. Open concept dining/living rooms with
natural gas fireplace and custom built in oak china cabinet.
Central air conditioning. Natural gas heat and grill connection on
deck. Champion replacement insulated windows and sliding door.
2 car parking (one in front of garage and one in garage).
Fantastic location on the Wakefield and Stoneham border with easy
access to Rte. 128 (95) and Rte. 93.
Unit Size
1,197 Ft²
Days on Market
-
Land Size
-
Price per sqft
$355
Property Type
Condo
Property Taxes
$390
HOA Dues
$315
Year Built
1996
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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: 5 years ago (MLSPIN #72397563)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2018 | Sold | ||
| Sold | |||
| Sep 19, 2018 | Listed by Premier Realty Group, Inc. | $424,900 | |
| Listed by Premier Realty Group, Inc. | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: Main
Width: 9
Length: 13
Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Exterior Access
Area: 117
Level: Main
Area: 40
Width: 5
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Ceiling Fan(s), Flooring - Stone/Ceramic Tile
Length: 8
Area: 40
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile
Length: 8
Level: Main
Width: 5
Level: Main
Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Width: 10
Length: 13
Area: 130
Width: 9
Features: Ceiling Fan(s), Flooring - Laminate, Balcony - Exterior, Exterior Access, Open Floorplan, Slider
Length: 10
Level: Main
Area: 90
Length: 19
Level: Main
Area: 228
Features: Flooring - Wall to Wall Carpet, Open Floorplan
Width: 12
Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Main
Length: 15
Width: 12
Area: 180
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Laundry Features: Flooring - Stone/Ceramic Tile, Main Level, Cabinets - Upgraded, Electric Dryer Hookup, Exterior Access, Washer Hookup, First Floor, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Storage, Workshop in Garage, Off Street, Deeded, Paved
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Village
Structure Type: Garden, Mid-Rise, Attached
Other Structures: Gazebo
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Lead Paint: None
Lot Size Units: Acres
Zoning: res
Parcel Number: M:008.007520087.0, 730700
Water Source: Public
Financial Details
Tax Assessed Value: $337,500
Tax Annual Amount: $4,681
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: Central Air
Heating Type: Natural Gas, Hydro Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $315
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
09/19/2018
|
2 Bed
|
2 Bath
|
1197 ft²
|
$424,900
2 Bed
2 Bath
1197 ft²
|
$400,000
-5.86%
11/13/2018
|
Patricia Black
Premier Realty Group, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017