54 Track Rd
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by StartPoint Realty & Associates | $1,299,000 | |
| Listed by StartPoint Realty & Associates | |||
| | |||
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MAGNIFICENT NEW CONSTRUCTION in one of Reading's highly desirable neighborhoods. This gorgeous colonial sets the standard for luxury living with a superior & well-designed floor plan executed with high-end finishes throughout & beautifully manicured landscaping. This 3,100 square feet living space offers the essence of modern & sophisticated living. The main level welcomes you with a delightful space for entertaining with beautiful detailing throughout, an exquisite kitchen with granite countertops and an expansive island, formal dining room & living room with a cozy fireplace & a half bath. The upper levels feature 4 bedrooms, 3 bathrooms, including a spacious main bedroom with a main bath & walk-in closet, 2 more full bathrooms & an oversized bonus room for the ultimate comfort & functionality. Conveniently located at a short distance to the commuter rail to Boston, all major highways, close to downtown Reading.
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| Aug 18, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017