$465,000
●
Condo -
Off Market
8 Sumner Cheney Pl #8
Reading, MA 01867
3 Beds
3 Baths,
1
Half Bath
2,411 Ft²
$881,149
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model
About This Property
Just move in!! Beautiful enormous townhouse great for entertaining
w/open floor plan. C/A, C/V, S/S, Fabulous custom kitchen
w/stainless appliances, Bosch DW, DCS 5 burner cooktop plus
built-in DCS range/microwave, granite counters & 9' island, 3 sided
gas fireplaced LR & DR. Anderson windows w/custom wood blinds
thruout. 2nd level MBR suite w/private jetted bath, ceramic tile,
shower & granite vanity, 2nd Bedroom w/full bath, private
den/office plus laundry. 3rd level has large bedroom.
Unit Size
2,411 Ft²
Days on Market
-
Land Size
-
Price per sqft
$195
Property Type
Condo
Property Taxes
$431
HOA Dues
$275
Year Built
2002
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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: 4 years ago (MLSPIN #70532704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2011 | Sold | ||
| Sold | |||
| May 28, 2010 | Listed by Gannon Real Estate | $375,000 | |
| Listed by Gannon Real Estate | |||
| | |||
|
Set back in the development, this Gorgeous end unit @ SUMNER CHENEY PLACE in READING features 3 finished levels, open 1st floor plan with fabulous custom kitchen, high end DCS appliances, granite counters, 9' island, 3 sided gas fireplace. 3 large bedrooms includes MBR suite & bonus loft. Garage w/ opener, private end unit also has patio in rear and beautiful "back yard" area. Don't wait on this one!!
| |||
| Aug 23, 2007 | Sold | ||
| Sold | |||
| Mar 1, 2007 | Listed by Realty Executives | $469,900 | |
| Listed by Realty Executives | |||
| May 28, 2004 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Features: Bathroom - Half, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid
Level: Second
Features: Bathroom - Full, Ceiling Fan(s), Flooring - Wall to Wall Carpet
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet
Level: Third
Features: Flooring - Hardwood, Balcony / Deck
Level: First
Features: Bathroom - Full, Ceiling Fan(s), Flooring - Wall to Wall Carpet, Hot Tub / Spa
Level: Second
Level: First
Features: Flooring - Hardwood
Level: Second
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
Laundry Features: Washer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Insulated, Off Street, Deeded, Guest
Garage Spaces: 1
Exterior Details
Has Property Attached
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Sumner Cheney Place
Structure Type: Townhouse, Half-Duplex
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio, Covered
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Parcel Number: M:225.A00000148.0, 4404088
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $428,100
Tax Annual Amount: $5,167
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $275
Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
05/28/2010
|
3 Bed
|
3 Bath
|
2411 ft²
|
$375,000
3 Bed
3 Bath
2411 ft²
|
$370,000
-1.33%
06/16/2011
|
Barry Scott
Gannon Real Estate
| |
|
03/01/2007
|
3 Bed
|
3 Bath
|
2411 ft²
|
$469,900
3 Bed
3 Bath
2411 ft²
|
$465,000
-1.04%
08/23/2007
|
Edward DeStefano Jr
Barrett, Chris. J., REALTORS®
| |
|
03/31/2004
|
3 Bed
|
3 Bath
|
2400 ft²
|
$459,900
3 Bed
3 Bath
2400 ft²
|
$455,000
-1.07%
05/28/2004
|
Melanie Akerblom-Horne
Premier Realty Group, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017