$272,500
●
Condo -
Off Market
511 Gazebo Circle #511
Reading, MA 01867
2 Beds
2 Baths,
1
Half Bath
1,038 Ft²
$585,828
RealtyHop Estimate
105.55%
Since Jul 1, 2011
MA-Boston
Primary Model
About This Property
Fabulous, Freshly Painted 2-bedroom, 1 1/2 Bath "Arlington" Style
Townhouse in Desirable & Affordable SUMMIT VILLAGE! This Unit
Features Central A/C, Wood Burning Fireplace, Spacious Master
Bedroom with Walk-in Closet, Second Bedroom with Double Closets,
In-unit Laundry, Loads of Natural Light, and Attached Garage with a
Second Adjacent Parking Space! COMMUTERS TAKE NOTE; This Complex is
Just a Quick Jaunt to Highways and Commuter Rail too! Come See It
Today!
Unit Size
1,038 Ft²
Days on Market
-
Land Size
-
Price per sqft
$275
Property Type
Condo
Property Taxes
$308
HOA Dues
$232
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: 4 years ago (MLSPIN #71209956)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2011 | Sold | ||
| Sold | |||
| Apr 3, 2011 | Listed by Brad Hutchinson Real Estate | $285,000 | |
| Listed by Brad Hutchinson Real Estate | |||
| Jul 1, 2010 | Listed by Premier Realty Group, Inc. | $285,000 | |
| Listed by Premier Realty Group, Inc. | |||
| | |||
|
Fabulous 2 bedroom, 1 1/2 bath Townhouse condo unit in desirable Summit Village! This unit features Central a/c, New dishwasher and 1-car attached garage with direct unit access and one adjacent parking space! Spacious Master Bedroom has a walk-in closet and second bedroom has double closets too! In-unit laundry room on bedroom level as well! Wood burning fireplace and lots of natural light make this space warm and homey!
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 10
Length: 12
Area: 120
Level: Second
Features: Bathroom - Full
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 11
Length: 13
Area: 143
Width: 10
Length: 12
Level: First
Area: 120
Features: Bathroom - Half
Level: First
Length: 12
Level: First
Area: 120
Features: Flooring - Wall to Wall Carpet
Width: 10
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Length: 14
Width: 12
Area: 168
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Electric Dryer
Flooring Type: Vinyl, Carpet
Laundry Features: Second Floor, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Garage Door Opener, Deeded, Off Street, Guest, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Village - Gazebo Circle
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: 730709
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $268,400
Tax Annual Amount: $3,691
Utilities Details
Utilities: for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Hydro Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $232
Community Features: Public Transportation, Shopping, Highway Access, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
04/03/2011
|
2 Bed
|
2 Bath
|
1038 ft²
|
$285,000
2 Bed
2 Bath
1038 ft²
|
$272,500
-4.39%
06/01/2011
|
Kathy Richard
Brad Hutchinson Real Estate
| |
|
07/01/2010
|
2 Bed
|
1 Bath
|
1038 ft²
|
$285,000
2 Bed
1 Bath
1038 ft²
|
-
-
|
Jan - Eileen Team
Keller Williams Realty Evolution
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017