$550,000
●
Condo -
Off Market
7 Augustus #1006
Reading, MA
2 Beds
2 Baths
1,475 Ft²
$629,328
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Desirable Location and Luxury describe your future Front, Corner,
End Unit in the 25-Acre Reading Woods Setting only 10 Miles North
of Boston! Boasting Natural Sun light throughout the spacious
1475 sq ft, Open Concept Modern home featuring: Generous sized
rooms w/9 ft ceilings, a Gourmet Kitchen, Granite Counters,
SS/Appliances, Handsome Wood Cabinets, Tile, Central Air, Laundry
Room in unit, Master Bedroom with Luxurious Master Bath w/double
vanity, 2nd Bedroom w/Full Bath, Home Office, Formal Dining
Room & Living Room with a slider to private balcony make it an
elegant home overlooking the professionally manicured picturesque
landscape, with walking trails, park and gazebo. Parking
space in heated garage & ample parking. The fitness area is
located in the Clubhouse steps from home. This 55+ age restricted
building requires 1 occupant to be 55+. Close proximity to 128, 95,
93 & Reading Commuter Rail make it a commuters dream! Lake
Quannapowitt nearby Seller related to agent.
Unit Size
1,475 Ft²
Days on Market
-
Land Size
-
Price per sqft
$373
Property Type
Condo
Property Taxes
$576
HOA Dues
$414
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72866613)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by ERA Key Realty Services | $549,900 | |
| Listed by ERA Key Realty Services | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Level: First
Features: Bathroom - Full, Flooring - Wall to Wall Carpet
Width: 11.583333
Length: 11
Area: 114.583333
Width: 12
Features: Flooring - Wood, Open Floorplan, Wainscoting, Lighting - Overhead, Crown Molding
Length: 12
Level: First
Area: 144
Length: 11.5
Level: First
Area: 188.125
Features: Flooring - Wall to Wall Carpet, Balcony - Exterior, Open Floorplan, Slider
Width: 18.083333
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Hot Tub / Spa, Cable Hookup
Level: First
Length: 12
Width: 5
Area: 60
Length: 12
Level: First
Area: 87
Features: Flooring - Wall to Wall Carpet, Cable Hookup
Width: 7.25
Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
Features: Yes
Full Bathrooms: 2
Interior Features: Cable Hookup, Home Office
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Unit
Rooms: 6
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Deeded, Assigned, Off Street, Common, Guest
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Intercom, Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Reading Woods
Structure Type: Garden
Other Structures: Gazebo
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: 4945951
Water Source: Public
Financial Details
Tax Assessed Value: $500,100
Tax Annual Amount: $6,910
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Unit Control
Heating Type: Forced Air, Natural Gas, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Elevator(s), Fitness Center, Clubroom, Trail(s), Storage
Association Fee Frequency: Monthly
HOA Fee: $414
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Highway Access, House of Worship, Public School, T-Station, Adult Community
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017