$300,000
●
Condo -
Off Market
705 Gazebo Circle #705
Reading, MA 01867
1 Bed
1 Bath,
1
Half Bath
950 Ft²
$399,688
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model
About This Property
OPPORTUNITY KNOCKS at GAZEBO CIRCLE! OWN for LESS than most
rents today. BUILD your OWN EQUITY with your very own STYLE.
This ONE BEDROOM condo does need UPDATING, but it will
be WELL WORTH the effort. With 950 SQUARE FEET of living
space, you'll be pleasantly surprised with how roomy it feels.
The DINING ROOM SLIDER leads to the BALCONY and allows
lots of SUNSHINE. The kitchen is packed with CABINETS and the
OPEN FLOOR PLAN is great for entertaining. The BEDROOM is big
enough to hold a KING-SIZED bed, and has two closet spaces.
There is a LAUNDRY in the unit for your convenience.
Attached garage, A/C, and plenty of storage. Newer hot
water heater (2015.) BRING YOUR IDEAS TODAY! Close to
major highways, Commuter rail, and downtown shops and restaurants.
Unit Size
950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$284
Property Type
Condo
Property Taxes
$338
HOA Dues
$243
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: 5 months ago (MLSPIN #72361147)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2018 | Sold | ||
| Sold | |||
| Jul 12, 2018 | Listed by Coldwell Banker Realty - Arlington | $270,000 | |
| Listed by Coldwell Banker Realty - Arlington | |||
| | |||
|
OPPORTUNITY KNOCKS at GAZEBO CIRCLE! OWN for LESS than most rents today. BUILD your OWN EQUITY with your very own STYLE. This ONE BEDROOM condo does need UPDATING, but it will be WELL WORTH the effort. With 950 SQUARE FEET of living space, you'll be pleasantly surprised with how roomy it feels. The DINING ROOM SLIDER leads to the BALCONY and allows lots of SUNSHINE. The kitchen is packed with CABINETS and the OPEN FLOOR PLAN is great for entertaining. The BEDROOM is big enough to hold a KING-SIZED bed, and has two closet spaces. There is a LAUNDRY in the unit for your convenience. Attached garage, A/C, and plenty of storage. Newer hot water heater (2015.) BRING YOUR IDEAS TODAY! Close to major highways, Commuter rail, and downtown shops and restaurants.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Storage, Off Street, Deeded, Paved
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Vinyl, Carpet
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Unit, First Floor
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 950
Year Built Source: Public Records
Year Built: 1996
Building Name: Summit Village
Building Area Total: 950
Other Structures: Gazebo
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $292,000
Tax Annual Amount: $4,050
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $243
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
07/12/2018
|
1 Bed
|
2 Bath
|
950 ft²
|
$270,000
1 Bed
2 Bath
950 ft²
|
$300,000
+11.11%
08/30/2018
|
Stephanie Macfarland
Premier Realty Group, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017