$495,000
●
Condo -
Off Market
7 Sumner Cheney Place #7
Reading, MA 01867
3 Beds
3 Baths,
1
Half Bath
2,411 Ft²
$891,903
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model
About This Property
Beautiful large Townhouse only 2 years old. Has all the
amenities necessary for a very comfortable lifestyle. Very
large kitchen with Corian counters, including a bar, and cherry
cabinets. Open floor plan on first floor with three-sided gas
fireplace. Large master bedroom with gas fireplace and double
closets. Master bath has a jacuzzi tub and shower.
Guest bedroom with full bath. Beautifully decorated.
Slider from diningroom opens to a 12 X 16 patio. No
external upkeep involved.
Unit Size
2,411 Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
Condo
Property Taxes
$400
HOA Dues
$275
Year Built
2002
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: 4 years ago (MLSPIN #70224727)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 29, 2005 | Sold | ||
| Sold | |||
| Jul 13, 2005 | Listed by Century 21 North East | $499,900 | |
| Listed by Century 21 North East | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 17
Length: 16
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid
Area: 272
Level: Second
Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Width: 13
Length: 15
Area: 195
Width: 17
Features: Flooring - Hardwood
Length: 15
Level: First
Area: 255
Features: Cathedral Ceiling(s), Flooring - Hardwood
Width: 11
Length: 18
Area: 198
Level: Second
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Length: 15
Level: First
Area: 195
Features: Flooring - Hardwood
Width: 13
Features: Flooring - Hardwood
Level: Second
Length: 19
Width: 15
Area: 285
Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile
Laundry Features: Second Floor, Washer Hookup
Rooms: 6
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Deeded, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Sumner Cheney Place
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: res
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $381,500
Tax Annual Amount: $4,795
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air, Unit Control
Heating Type: Central, Forced Air, Natural Gas, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $275
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
07/13/2005
|
3 Bed
|
3 Bath
|
2411 ft²
|
$499,900
3 Bed
3 Bath
2411 ft²
|
$495,000
-0.98%
11/29/2005
|
Albert Earle
Century 21 North East
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017