Middlesex
8 Pilgrim Road #5
$387,500
●
Condo -
Off Market
8 Pilgrim Road #5
North Reading, MA 01864
2 Beds
2 Baths,
1
Half Bath
2,000 Ft²
$786,751
RealtyHop Estimate
96.74%
Since Aug 1, 2008
MA-Boston
Primary Model
About This Property
Only 2 left! Beautiful traditonally styled duplex townhomes
situated in a tranquil natural setting. Edgewater Place
Condominiums offer privacy & convenience. 2000 sf of quality living
space, dining area that opens to private deck. Granite counters, SS
appliances, HW Floors 1st Flr, Finished loft, Gas FP w/marble
hearth in LR. 2nd flr has MBR w/full bath, guest bdroom, 2nd full
bath & lndry. Low maint. & low condo fees. Walkout
basement. Choose your own colors,appliances, etc
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
Condo
Property Taxes
-
HOA Dues
$250
Year Built
2008
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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: 6 months ago (MLSPIN #70646806)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2008 | Sold | ||
| Sold | |||
| Sep 12, 2007 | Listed by Century 21 Commonwealth | $399,900 | |
| Listed by Century 21 Commonwealth | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Deeded
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Loft
Appliances: Range, Dishwasher, Microwave
Flooring Type: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2000
Security Features: Security System
Year Built Source: Builder
Year Built: 2008
Building Name: Edgewater Place
Building Area Total: 2000
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Lot Size Units: Acres
Water Source: Public, City/Town Water
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Natural Gas
Sewer : Private Sewer, Private Sewerage
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $250
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 |
|---|---|---|---|---|---|---|---|
|
03/21/2012
|
3 Bed
|
2 Bath
|
2394 ft²
|
$369,500
3 Bed
2 Bath
2394 ft²
|
$357,500
-3.25%
05/30/2012
|
Geralyn Farrelly
Classified Realty Group
| |
|
10/29/2008
|
2 Bed
|
3 Bath
|
2000 ft²
|
$384,900
2 Bed
3 Bath
2000 ft²
|
$365,000
-5.17%
02/13/2009
|
Diana Roberts
Boardwalk Real Estate
| |
|
09/12/2007
|
2 Bed
|
2 Bath
|
2000 ft²
|
$399,900
2 Bed
2 Bath
2000 ft²
|
$387,500
-3.10%
07/28/2008
|
Diana Roberts
Boardwalk Real Estate
| |
|
09/12/2007
|
2 Bed
|
3 Bath
|
2000 ft²
|
$409,900
2 Bed
3 Bath
2000 ft²
|
$385,000
-6.07%
06/27/2008
|
Diana Roberts
Boardwalk Real Estate
| |
|
09/12/2007
|
2 Bed
|
3 Bath
|
2000 ft²
|
$409,900
2 Bed
3 Bath
2000 ft²
|
$384,000
-6.32%
05/30/2008
|
Diana Roberts
Boardwalk Real Estate
|
Building Info
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