$550,000
●
Condo -
Off Market
603 Gazebo Circle #603
Reading, MA 01867
3 Beds
3 Baths
1,339 Ft²
$555,449
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model
About This Property
FANTASTIC Townhouse in sought after Summit Village, bright and
sunny corner unit with updated kitchen, baths, floors, windows and
roof. Open concept living room, dining room and kitchen,
feature; new wood floors, gas fireplace, slider to balcony. Updated
white kitchen offering gas cooking, stainless appliances and
granite counter tops. Head up stairs to 3 generous sized bedrooms,
with great closet space, the master has a private en suite.
Close proximity to shopping, restaurants, highway, train.
Roof 2015, kitchen, windows and floors 2018, a/c condenser 2021.
Unit Size
1,339 Ft²
Days on Market
-
Land Size
-
Price per sqft
$365
Property Type
Condo
Property Taxes
$491
HOA Dues
$419
Year Built
1996
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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 #72873893)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2022 | Sold | ||
| Sold | |||
| May 1, 2022 | Listed by Leading Edge Real Estate | $575,000 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
Wonderfully updated corner unit Townhouse in sought-after Summit Village. The first floor encompasses a beautiful bright & sunny open-plan living/dining area, gas fireplace, newer hardwood floors, a striking updated kitchen with stainless steel appliances, white cabinets, and granite counters, and a newly renovated half bath with tile floor and a separate laundry/utility room. Enjoy the private balcony overlooking a serene, wooded area and green space. The upper level has a king-size master bedroom, dual closets, and an updated master suite, the 2nd bedroom is also a good size, and the 3rd bedroom can be used as a den or home office. This home is gorgeous and ready for the new owner to move right in! The location has easy access to shopping, restaurants, major roadways, and the commuter rail to Boston. It is also a Great walking area!
| |||
| Sep 9, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2021 | Listed by EA Realty Team | $489,000 | |
| Listed by EA Realty Team | |||
| Oct 25, 2013 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 10
Length: 12
Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
Area: 120
Level: Second
Features: Closet, Flooring - Wood, Window(s) - Bay/Bow/Box
Width: 11
Length: 12
Area: 132
Width: 10
Features: Flooring - Wood, Balcony - Exterior, Open Floorplan, Slider
Length: 12
Level: First
Area: 120
Features: Closet, Flooring - Wood, Window(s) - Bay/Bow/Box
Width: 10
Length: 11
Area: 110
Level: Second
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Length: 16
Level: First
Area: 208
Features: Cedar Closet(s), Flooring - Wood, Window(s) - Bay/Bow/Box, Open Floorplan
Width: 13
Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Wood, Window(s) - Bay/Bow/Box
Level: Second
Length: 14
Width: 13
Area: 182
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Oven
Flooring Type: Wood, Tile
Laundry Features: First Floor, In Unit, Washer Hookup
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Village
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: R1
Parcel Number: 730715
Water Source: Public
Financial Details
Tax Assessed Value: $426,700
Tax Annual Amount: $5,893
Utilities Details
Utilities: for Gas Range, for Electric Oven, Washer Hookup
Cooling Type: Central Air
Heating Type: Heat Pump
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: $419
Community Features: Public Transportation, Shopping, Golf, Highway Access, 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 |
|---|---|---|---|---|---|---|---|
|
05/01/2022
|
3 Bed
|
2 Bath
|
1339 ft²
|
$575,000
3 Bed
2 Bath
1339 ft²
|
$580,000
+0.87%
06/08/2022
|
Andrew Chalmers
EA Realty Team
| |
|
07/29/2021
|
3 Bed
|
3 Bath
|
1339 ft²
|
$489,000
3 Bed
3 Bath
1339 ft²
|
$550,000
+12.47%
09/09/2021
|
Andrew Chalmers
EA Realty Team
| |
|
10/18/2013
|
3 Bed
|
3 Bath
|
1339 ft²
|
$339,900
3 Bed
3 Bath
1339 ft²
|
$339,900
10/25/2013
|
Lauretta Raffi
Premier Realty Group, Inc.
| |
|
05/10/2002
|
3 Bed
|
3 Bath
|
1339 ft²
|
$339,900
3 Bed
3 Bath
1339 ft²
|
$332,000
-2.32%
07/26/2002
|
Lauretta Raffi
Premier Realty Group, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017