Expired
88 Days on market
One Summit Dr. #57 Reading — Photo 1 of 11

One Summit Dr. #57 Reading — Photo 1 of 11

Recent Drop: $7,000

$429,000
$422,000

$422,000

Investment Analysis — One Summit Dr. #57

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 2.97% cap rate and $12,548/yr in estimated NOI at the $422,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,076

Style

Condominium

Built

1970

Act now and enjoy the rest of the summer in this spacious unit! The extra large screened-in balcony provides the perfect bug-free environment for summer enjoyment and the pool is open!! The master bedroom features 3 separate closets and an en-suite bath. The second bedroom, also a good size, has a full wall closet for lots of storage. The combo living room and dining area is set up perfectly for entertaining. There's a 12' slider opening on to the private screened-in balcony - it's like having an additional room in the summer! Wall to wall carpet throughout. The pass through from the cabinet packed kitchen with all stainless appliances features a sitting area with views of the foliage beyond the balcony. Condo fee includes HEAT/AC, WATER, HOT WATER, maintenance, insurance, pool, elevator, laundry facilities additional basement level storage and parking.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$429,000
Annual Taxes$4,878
HOA Fee$539

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringVinyl, Carpet
BasementY

Climate & Utilities

HeatingCentral, Natural Gas, Fan Coil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningA-80

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range

Neighborhood

Shopping • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Unknown
Dining Room
Living Room
Lvl First

15 x 16

Flooring - Wall to Wall Carpet, Balcony - Exterior

Dining Room
Lvl null

10 x 12

Kitchen
Lvl First

10 x 10

Flooring - Vinyl

Primary Bedroom
Lvl First

11 x 16

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

10 x 12

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Property History

Price Drop
$422,000

Was $429,000

Jul 12, 2026

MLS® 73537133

Listed
$429,000

Jun 17, 2026

MLS® 73537133

Listing Provided By

Listing Agent: Kathy Devine

Listing Office: Dvine1 Real Estate

MLS® Number: 73537133