$365,000
●
Condo -
Off Market
714 Gazebo Circle #714
Reading, MA 01867
2 Beds
2 Baths
1,143 Ft²
$563,093
RealtyHop Estimate
50.56%
Since Apr 1, 2018
MA-Boston
Primary Model
About This Property
Want one level living with open floor plan? Here it is. A great
garden style unit located at desirable Summit Village. Placed in a
cozy back corner with plenty of privacy offering wooded views. Walk
out to a patio from your master bedroom and enjoy the quiet
setting. Open floor plan with eat in kitchen, dining area and
living room combination with fireplace. Along with the unit you
have 2 off street parking spaces. Visitor parking close by. A
commuter's convenience with connecting major routes within minutes
away. The commuter rail service is located in downtown Reading
making travel a less stress factor. Boston located
approximately 12 miles from this property. Newer water tank
installed in 2017.
Unit Size
1,143 Ft²
Days on Market
-
Land Size
-
Price per sqft
$327
Property Type
Condo
Property Taxes
$379
HOA Dues
$298
Year Built
1996
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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 #72274739)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2018 | Sold | ||
| Sold | |||
| Jan 26, 2018 | Listed by RE/MAX Encore | $374,000 | |
| Listed by RE/MAX Encore | |||
| Aug 1, 2011 | Sold | ||
| Sold | |||
| Dec 1, 2010 | Listed by Century 21 North East | $289,900 | |
| Listed by Century 21 North East | |||
| | |||
|
"Privacy and beautiful wooded setting" describes this nicely maintained "One Level" unit at Gazebo Circle. Located at private end of complex, recent updates include: heating unit and a/c condenser, hardwood flooring and newer appliances in kitchen and freshly painted walls throughout. Mstr bdrm has slider door which leads to a cozy patio combined with a large common area for recreational enjoyment. Low condo fee, 2 deeded pkg spcs and commuter friendly location in "Joshua Eaton" School District.
| |||
| Sep 30, 2000 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 9
Length: 15
Features: Flooring - Wood
Area: 135
Level: First
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 11
Length: 13
Area: 143
Width: 8
Features: Flooring - Wall to Wall Carpet
Length: 11
Level: First
Area: 88
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: First
Length: 15
Level: First
Area: 225
Features: Flooring - Wall to Wall Carpet, Cable Hookup
Width: 15
Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Slider
Level: First
Length: 15
Width: 12
Area: 180
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: In Building, Washer Hookup
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Summit Village
Structure Type: Garden
Other Structures: Gazebo
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Covered
Lead Paint: None
Lot Size Units: Acres
Zoning: R1
Parcel Number: 730740
Water Source: Public
Financial Details
Tax Assessed Value: $327,800
Tax Annual Amount: $4,546
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $298
Community Features: Public Transportation, Shopping, Highway Access, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
01/26/2018
|
2 Bed
|
2 Bath
|
1143 ft²
|
$374,000
2 Bed
2 Bath
1143 ft²
|
$365,000
-2.41%
03/29/2018
|
Lois Wilson
Century 21 North East
| |
|
12/01/2010
|
2 Bed
|
2 Bath
|
1143 ft²
|
$289,900
2 Bed
2 Bath
1143 ft²
|
$285,900
-1.38%
08/01/2011
|
Lois Wilson
Century 21 North East
| |
|
08/11/2000
|
2 Bed
|
2 Bath
|
1143 ft²
|
$232,500
2 Bed
2 Bath
1143 ft²
|
$237,000
+1.94%
09/30/2000
|
Lauretta Raffi
Premier Realty Group, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017