Active
3 Days on market
16 Taylor Drive #3007 Reading — Photo 1 of 12

16 Taylor Drive #3007 Reading — Photo 1 of 12

$985,000

Investment Analysis — 16 Taylor Drive #3007

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 0.61% cap rate and $6,026/yr in estimated NOI at the $985,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2.5

SqFt

2,250

Style

Condominium

Built

2021

Discover a refined living experience at 16 Taylor Drive 3007, a condominium completed in 2021, offering 2250 square feet of meticulously designed space in Reading, MA. This residence represents a fresh approach to modern living, providing both comfort and contemporary style. This condominium features two bedrooms, providing private retreats for residents. With two full bathrooms and an additional half bathroom, convenience and functionality are seamlessly integrated throughout the home. The property extends across two stories, offering a thoughtful separation of living areas. Located on Floor 1, this home provides easy access. A dedicated garage space ensures secure parking and additional storage. Embrace the opportunity to explore a home where thoughtful design meets everyday practicality.

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 MLS and other third-party data may be inaccurate or out of date.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$985,000
Annual Taxes--
HOA Fee$504

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
Flooring--
BasementN

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
Zoningres

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Geography

Floorplan Breakdown

Structural Layout

Second
OfficeBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1Bathroom 3
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Office
Lvl Second
Primary Bedroom
Lvl First
Bedroom 2
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Bathroom 3
Lvl First
Listing Provided By

Listing Agent: Lynne Sheehan

Listing Office: Glover Brokerage Corporation

MLS® Number: 73578839