$270,000
●
Condo -
Off Market
613 Gazebo Cir #613
Reading, MA 01867
2 Beds
2 Baths
1,197 Ft²
$599,571
RealtyHop Estimate
110.38%
Since Jan 1, 2011
MA-Boston
Primary Model
About This Property
Spacious one floor corner unit at Summit Village. This unit is
located in the very back of the complex overlooking conservation
land. Drive right into your own private garage that enters
into the unit. Price reflects updates needed. Being sold in "as is"
condition.
Unit Size
1,197 Ft²
Days on Market
-
Land Size
-
Price per sqft
$238
Property Type
Condo
Property Taxes
$341
HOA Dues
$265
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 #71123985)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $585,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
   | |||
|
A RARE condominium opportunity at Gazebo Circle with all one floor living and no stairs! Location is an end corner unit! This 2 bdrm, 2 full bath, home has it all. Open Floor Plan, Fireplace, Central A/C, separate Laundry Room, Private Balcony overlooking wooded conservation land, Oversize Garage with direct unit access & Storage. Upgraded features include New Central A/C, all upgraded windows & slider, New Rinnai Tankless Heating and Hot Water System, KraftMaid solid Maple Cabinets & Granite countertops and upgraded flooring. Summit Village is a highly desirable complex situated in a quiet residential neighborhood conveniently located close by shopping, restaurants, Reading & Wakefield commuter rails, Major Routes 95 & 93, Lake Quannapowitt, and Bear Hill Country Club & Golf Course. Move right in and make living so easy and enjoyable!
| |||
| Dec 18, 2010 | Sold | ||
| Sold | |||
| Aug 16, 2010 | Listed by Coldwell Banker Realty - Winchester | $285,000 | |
| Listed by Coldwell Banker Realty - Winchester | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Interior Details
Level: First
Width: 6
Length: 12
Features: Flooring - Vinyl
Area: 72
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 14
Area: 168
Width: 11
Features: Flooring - Wall to Wall Carpet
Length: 10
Level: First
Area: 110
Length: 16
Level: First
Area: 208
Features: Flooring - Wall to Wall Carpet
Width: 13
Features: Bathroom - Full, Flooring - Wall to Wall Carpet
Level: First
Length: 15
Width: 12
Area: 180
Level: First
Features: Yes
Full Bathrooms: 2
Appliances: Washer, Dryer
Laundry Features: Flooring - Vinyl, First Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Tandem
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Village
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: M:008.007770087.0, 730725
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $297,400
Tax Annual Amount: $4,089
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA Fee: $265
Community Features: Golf, Public School
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
09/10/2025
|
2 Bed
|
2 Bath
|
1197 ft²
|
$585,000
2 Bed
2 Bath
1197 ft²
|
$588,000
+0.51%
10/24/2025
|
Gayle Faller
Coldwell Banker Realty - Winchester
| |
|
08/16/2010
|
2 Bed
|
2 Bath
|
1197 ft²
|
$285,000
2 Bed
2 Bath
1197 ft²
|
$270,000
-5.26%
12/18/2010
|
Mary Anastos
Advancian Realty Inc
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017