608 Gazebo Circle #608
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%.
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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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Sep 16, 2023 | In contract | - | |
| In contract | |||
| Sep 8, 2023 | Price Decreased |
$529,500
↓ $21K
(3.7%) | |
| Price Decreased | |||
| Jul 28, 2023 | Price Increased |
$550,000
↑ $21K
(3.9%) | |
| Price Increased | |||
| Jul 5, 2023 | Listed by ERA Key Realty Services | $529,500 | |
| Listed by ERA Key Realty Services | |||
| | |||
|
Overlooking the woods at the rear of Gazebo Cr., this townhome provides uncommon privacy to enjoy your morning coffee or an evening cocktail on one of its TWO recently renovated balconies! On the main level, the open floorplan seemlessly connects the gas fireplaced living room, (with slider to balcony), dining area, kitchen with spacious pantry and laundry area. Prefer gas to electric stove? It can be converted! A half bath completes this level. Watch the sunrise from the balcony off the spacious main bedroom with its two generous closets, and en-suite bath. A second bedroom, office or media room with a large closet is located on this level. A second full bath and linen closet complete the floor plan. Bonus: beautiful wood floors throughout and a private garage! Commuter rail, Rtes 3, 93 and 95 offer convenient access to Boston, Logan airport, and NH. Enjoy the shops and restaurants of Reading center, Market St., Woburn Village and Target. Walk or run around Lake Quannapowit!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/05/2023
|
2 Bed
|
3 Bath
|
1168 ft²
|
$560,000
2 Bed
3 Bath
1168 ft²
|
$525,000
-6.25%
10/25/2023
|
Kathy Devine
ERA Key Realty Services
| |
|
05/11/2015
|
2 Bed
|
3 Bath
|
1168 ft²
|
$330,000
2 Bed
3 Bath
1168 ft²
|
$330,000
09/04/2015
|
Judy Sousa
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
03/09/2004
|
2 Bed
|
3 Bath
|
1168 ft²
|
$339,900
2 Bed
3 Bath
1168 ft²
|
$330,000
-2.91%
04/30/2004
|
Roland Spadafora
CENTURY 21 GR Associates
| |
|
12/14/1999
|
2 Bed
|
3 Bath
|
1168 ft²
|
$229,900
2 Bed
3 Bath
1168 ft²
|
$224,000
-2.57%
02/28/2000
|
Joyce Kiley
Boardwalk Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017