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 | |||
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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.
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| Dec 12, 2016 | Sold | ||
| Sold | |||
| Sep 22, 2016 | Listed by Coldwell Banker Realty - Chelmsford | $410,900 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
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Gorgeous town home located in the luxury Summit Village community in desirable Reading. The main level offers a fabulous open plan, gleaming wood flooring, gas fire-place, and recessed lighting. The kitchen features granite countertops and breakfast bar, ss appliances, and plenty of cherry cabinets. Dining room opens up into living room, which leads out to balcony with lovely woodland views. This level is complete with storage closets, washer/dryer, and updated half bath. Upstairs you'll find the master suite, with updated full bath, walk-in closet and a private balcony. Additionally there is another good sized bedroom and full bath. One car garage, one deeded parking spot, and plenty of visitor parking. Beautiful turn-key home and great location!
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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