$480,000
●
Condo -
Off Market
712 Gazebo Cirle #712
Reading, MA 01867
2 Beds
3 Baths,
1
Half Bath
1,339 Ft²
$529,690
RealtyHop Estimate
17.97%
Since May 1, 2021
MA-Boston
Primary Model
About This Property
A warm, spacious, light-filled, corner-unit penthouse townhome, in
immaculate condition, featuring tree-top privacy awaits only its
2nd owner ever at Summit Village in Reading.The serene location of
this tri-level unit is positioned at the quiet and peaceful rear of
the property. The entry stairs open to a comfortable living room
with gas fireplace, a spacious dining room, and an immaculate
kitchen, all with hardwood floors throughout. The kitchen features
oak cabinets and a newer dishwasher and fridge. Off the dining room
is a private balcony to enjoy warm gentle breezes. A 1/2 bath and
separate laundry room round out the 1st level. Upstairs, the
amply sized master suite features dual closets and a full bath. The
2nd BR has a large closet and is well-sized and sunny, as is the
Den/Office. Another full bath finishes the top floor. The HW
Heater, Hydro FHA heat, and AC system are brand new, both run by an
Ecobee Smart T-Stat. ALL OFFERS DUE BY 8PM 3/21/21
Unit Size
1,339 Ft²
Days on Market
-
Land Size
-
Price per sqft
$335
Property Type
Condo
Property Taxes
$491
HOA Dues
$419
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 years ago (MLSPIN #72799661)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Oct 26, 2023 | In contract | - | |
| In contract | |||
| Oct 17, 2023 | In contract | - | |
| In contract | |||
| Oct 12, 2023 | Listed by Lamacchia Realty, Inc. | $549,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| | |||
|
Buyer got cold feet! Get ready to be impressed by this spacious 3-bed, 2.5-bath in the desirable Summit Village condo complex in Reading, MA. W/ a multi-level layout & a host of desirable features, this home truly has it all. Inside, discover a fantastic open concept layout. The living room is bathed in natural light & features a cozy gas fireplace. The kitchen is a chef's dream, boasting quartz countertops, new SS appliances (2021,) recently painted cabinetry, & a tile backsplash. A separate dining area offers slider access to a private outdoor balcony, ideal for enjoying your morning coffee! On this level, you'll also find a convenient half bath w/ new tile flooring & a laundry room w/ washer/dryer hookups. Upstairs, find all 3 bedrooms. The primary bedroom stands out w/ 2 closets & a private en-suite featuring a shower stall. An additional full bath w/ upgraded vanity is conveniently located just off the hallway. Private 1-car garage & great outdoor common area for all residents!
| |||
| Apr 22, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Interior Details
Level: Main
Features: Flooring - Hardwood, Lighting - Overhead
Level: Third
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Level: Third
Features: Closet, Flooring - Wall to Wall Carpet
Features: Flooring - Wood, Balcony - Exterior, Open Floorplan, Slider, Lighting - Pendant
Level: Main
Features: Bathroom - Half, Flooring - Laminate
Level: Main
Features: Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Level: Third
Level: Main
Features: Flooring - Wood, Cable Hookup, High Speed Internet Hookup, Open Floorplan
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Level: Third
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Cable Hookup, Den, Internet Available - Broadband
Appliances: Range, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: Main Level, Electric Dryer Hookup, Washer Hookup, Lighting - Overhead, Second Floor, In Unit
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Tandem, Driveway
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Village
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: NA
Water Source: Public
Financial Details
Tax Assessed Value: $426,700
Tax Annual Amount: $5,893
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas, Hydro Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $419
Community Features: Shopping, Golf, Highway Access, House of Worship, Public School, T-Station
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
10/12/2023
|
3 Bed
|
3 Bath
|
1339 ft²
|
$549,000
3 Bed
3 Bath
1339 ft²
|
$549,000
11/30/2023
|
Ryan Kelly
Trufant Real Estate
| |
|
03/16/2021
|
2 Bed
|
3 Bath
|
1339 ft²
|
$449,000
2 Bed
3 Bath
1339 ft²
|
$480,000
+6.90%
04/22/2021
|
Andrew Schena
Capital Residential Group, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017