709 Gazebo Circle #709
About This Property
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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%.
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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 21, 2021 | Sold | ||
| Sold | |||
| Feb 16, 2021 | Listed by RE/MAX On The River, Inc. | $424,900 | |
| Listed by RE/MAX On The River, Inc. | |||
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Welcome Home to Highly Desirable Summit Village at Gazebo Circle in Reading! This 3 level townhouse is located just outside Reading Center in a quiet residential community just minutes from Rte 93 & 95 Restaurants, Shopping and MBTA. The Bright and Open main level is perfect for entertaining all year long with an Updated Kitchen w New Appliances, Dining Room, Living room w Fireplace, 1/2 Bath, Private Balcony and In-Unit Laundry. Upstairs you will find a Master Suite with a large Walk in Closet, Full bathroom and a second private balcony! Another spacious bedroom w large closet space round out the top floor. This unit also features Central AC, attached garage as well as attic storage. Plenty of green space throughout the professionally landscaped grounds, all that's left to do is move right in!
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| Sep 28, 2018 | Sold | ||
| Sold | |||
| Jun 12, 2018 | Listed by RE/MAX Andrew Realty Services | $399,900 | |
| Listed by RE/MAX Andrew Realty Services | |||
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Tucked away up hill in a secluded area of the complex, this south facing Townhouse offers comfortable condo living. The Clarendon Style Unit has 2 bedrooms, 1.5 baths, fireplaced living room, Central Air, laundry in unit, 2 balconies, large bay window with plantation shutters, great storage, and an attached garage. Low condo fees too! All appliances included, plus washer & dryer. This desirable complex is conveniently located in a quiet residential neighborhood close to shopping, restaurants, major routes, and the Reading & Wakefield commuter rails. Move in ready & easy to show! Note: Driveway & garage to the unit are to the LEFT of the front door.
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| Sep 29, 2000 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/16/2021
|
2 Bed
|
2 Bath
|
1178 ft²
|
$424,900
2 Bed
2 Bath
1178 ft²
|
$445,000
+4.73%
04/21/2021
|
Chrissy Taylor
RE/MAX On The River, Inc.
| |
|
06/12/2018
|
2 Bed
|
2 Bath
|
1178 ft²
|
$399,900
2 Bed
2 Bath
1178 ft²
|
$387,700
-3.05%
09/28/2018
|
Gayle Faller
Coldwell Banker Realty - Winchester
| |
|
05/17/2000
|
2 Bed
|
2 Bath
|
-
|
$243,900
2 Bed
2 Bath
|
$241,000
-1.19%
09/29/2000
|
Bill Keefe
Premier Realty Group, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017