708 Gazebo Cir #708
About This Property
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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 |
|---|---|---|---|
| Apr 10, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by Dreamega International Realty LLC | $550,000 | |
| Listed by Dreamega International Realty LLC | |||
| | |||
|
Beautifully maintained townhome located in the luxurious Summit Village community in desirable Reading with a great location to 93 and 95. The home offers a much sought-after open plan, gleaming wood flooring, a gas fireplace, and recessed lighting throughout. The kitchen features granite countertops, a breakfast bar, stainless steel appliances, and cherry cabinets. The dining room opens up into the living room, which leads out to a balcony with lovely woodland views. The first level is complete with storage closets, a washer/dryer, and an updated half bath. On the second floor, you'll find the master suite, updated full bath, walk-in closet, and a second private balcony. The second bedroom is spacious and perfect for a home office, and across from the full bath. The unit comes with one garage parking, one deeded parking spot, and plenty of visitor parking.
| |||
| Dec 12, 2016 | Sold | ||
| Sold | |||
| Sep 22, 2016 | Listed by Coldwell Banker Realty - Chelmsford | $410,900 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/14/2024
|
2 Bed
|
3 Bath
|
-
|
$550,000
2 Bed
3 Bath
|
-
-
|
Dream Team
Key Realty in Western MA
| |
|
09/22/2016
|
2 Bed
|
3 Bath
|
1168 ft²
|
$410,900
2 Bed
3 Bath
1168 ft²
|
$400,000
-2.65%
12/12/2016
|
Eileen Lorway
Redfin Corp.
| |
|
05/01/2012
|
2 Bed
|
3 Bath
|
1168 ft²
|
$307,900
2 Bed
3 Bath
1168 ft²
|
$302,500
-1.75%
09/04/2012
|
Karen A. Herrick
Greenleaf Properties
| |
|
03/10/2010
|
2 Bed
|
2 Bath
|
1168 ft²
|
$295,000
2 Bed
2 Bath
1168 ft²
|
$275,000
-6.78%
05/27/2011
|
Lois Wilson
Century 21 North East
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017