4 Summit Dr #001 Reading — Photo 1 of 42
$459,900
Investment Analysis — 4 Summit Dr #001
Reading, MA 01867
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01867 carries an estimated $2,620/mo in gross rent — about a 2.37% cap rate and $10,895/yr in estimated NOI at the $459,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,040
Style
Condominium
Built
1985
Downsizing or looking to move into one of the area’s most sought after zip codes? This 2bed/2ba corner unit is a peaceful retreat just minutes to major routes and vibrant downtown Reading. The living/dining room overlooks nature views from large windows and leads to a secluded balcony that will be your favorite spot for coffee or unwinding at the end of the day. The kitchen is just off the dining area and has its own large window that brings in even more natural light. The thoughtfully designed primary suite is tucked away in its own wing, complete with a full bath, double closet, and standard closet. A generously sized second bedroom is located near the guest bath and convenient in-unit laundry. Bonus features: one deeded garage parking space, plenty of in unit storage, and additional storage unit is located directly across the hall. Move right in, settle in, and enjoy!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Golf • Medical Facility • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main20 x 15
Ceiling Fan(s), Flooring - Laminate, Window(s) - Picture, Balcony / Deck, Balcony - Exterior, Open Floorplan
Kitchen
Lvl Main11 x 7
Flooring - Laminate, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl null13 x 13
Bathroom - Full, Closet, Flooring - Laminate, Window(s) - Picture, Closet - Double
Bedroom 2
Lvl null14 x 13
Bathroom 1
Lvl null8 x 5
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Enclosed Shower - Fiberglass, Lighting - Sconce
Bathroom 2
Lvl null8 x 5
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Listing Agent: David Ladner
Listing Office: RE/MAX Harmony
MLS® Number: 73580969
