Active
2 Days on market
8 Sanborn Street #4011 Reading — Photo 1 of 36

8 Sanborn Street #4011 Reading — Photo 1 of 36

$789,900

Investment Analysis — 8 Sanborn Street #4011

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 1.18% cap rate and $9,308/yr in estimated NOI at the $789,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,054

Style

Condominium

Built

2019

Exquisite sun-filled upper CORNER unit at the often sought but rarely available POSTMARK CONDOMINIUMS. Sure to be Reading's premier luxury address, this young building sits amongst all that downtown Reading has to offer. Smack-Dab in the center of town, taking advantage of an array of popular restaurants, including BOSTON MAGAZINE's BEST of the NORTHSHORE Steak-house, POST 1917...adjacent to the residences, shopping, banking, salons, town offices and the COMMUTER RAIL, you are not just buying a place to live, but a LIFESTYLE! Where urban meets suburban, this unit is rich in its finishes, including a stunning kitchen with quarts, stainless, and an abundance of cabinetry, two spa-like baths, including an en-suite with sleek tile, glass shower doors and a double vanity. You will love the entry that immediately lets you and your guests know that you have arrived at someplace very special. You will immediately be drawn to the two sets of sliders that lead to an over-sized balcony. This incredible feature is unique to only a few units...so if you love to entertain, enjoy a quiet moment while getting fresh air, or love to watch the seasons change against a gorgeous backdrop, this is for you. Compete with full-sized in-unit laundry, an indoor garage parking space, an additional storage unit and endless amenities; such as a furnished roof deck complete with a gas grill, a common lounge and a well equipped gym, POSTMARK is for those who appreciate the best of the best. When no other's will do, treat yourself to a tour, where you will be "wowed" at every turn.

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

Original Price$789,900
Annual Taxes$7,011
HOA Fee$631.32

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Engineered Hardwood, Flooring - Engineered Hardwood
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningCondo

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 2
Fourth Floor
Living RoomKitchenPrimary BedroomBathroom 1Bathroom 2
Living Room
Lvl Fourth Floor

14 x 15.6

Balcony - Exterior, Cable Hookup, Exterior Access, Open Floorplan, Slider, Flooring - Engineered Hardwood

Kitchen
Lvl Fourth Floor

14 x 10

Countertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant, Flooring - Engineered Hardwood

Primary Bedroom
Lvl Fourth Floor

13.6 x 10.6

Closet - Double, Flooring - Engineered Hardwood

Bedroom 2
Lvl Third

12.6 x 13

Bathroom 1
Lvl Fourth Floor

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Lighting - Sconce

Bathroom 2
Lvl Fourth Floor

10.6 x 8

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Double Vanity, Recessed Lighting, Lighting - Sconce

Listing Provided By

Listing Agent: Rick Nazzaro

Listing Office: Colonial Manor Realty

MLS® Number: 73581475