$465,000
●
Condo -
Off Market
8 Sumner Cheney Pl #8
Reading, MA 01867
3 Beds
2 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 months 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 | |||
| | |||
|
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.
| |||
| May 28, 2004 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street, Deeded, Guest, Insulated
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum, Walk-up Attic
Appliances: Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Door Features: Storm Door(s), Insulated Doors
Laundry Features: Gas Dryer Hookup, Washer Hookup
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Exterior Details
Has Property Attached
Square Footage: 2411
Security Features: Security System
Year Built Source: Public Records
Year Built: 2002
Waterfront Features: 1 to 2 Mile To Beach
Building Name: Sumner Cheney Place
Building Area Total: 2411
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio, Covered
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $428,100
Tax Annual Amount: $5,167
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $275
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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017