
8 Sanborn St #2011 Reading — Photo 1 of 40
$300,000
Investment Analysis — 8 Sanborn St #2011
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 6.09% cap rate and $18,268/yr in estimated NOI at the $300,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,159
Style
Condominium
Built
2019
Beautiful 2 bdrm, 2 bath, 1,159 SF bright and sunny corner unit in The Postmark building. Built in 2019, this home features granite counters, kitchen island, gas cooking, washer/dryer hookups, laminate flooring in kitchen/living areas and carpeted bedrooms. Primary bath offers a double vanity and walk-in shower. Central A/C, gas heat, low condo fee of $245.03 and one deeded parking space. Building amenities include an elevator, a fitness center and inviting common area to gather or relax. Conveniently located near downtown, commuter rail, restaurants, shopping and major highways. This home is subject to income restrictions and available only to households meeting applicable Area Median Income (AMI) requirements based on household size (1 person $96,000, 2 person $109,700, 3 person $123,400, 4 person $137,100). See application for more eligibility details. Housing Assistance Corp has been engaged to administer the lottery. To be eligible for lottery drawing applications must be submitted by 5:00 PM Monday, September 7, 2026, with required pre-approval and identification. Call listing agent with any questions or for further details Application link: https://www.cognitoforms.com/HousingAssistanceCorporation/ThePostmarkCondominiumsUnit2011HomeownershipApplication. NO SHOWINGS UNTIL AFTER LOTTERY IS DRAWN.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Highway Access • House of Worship • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Kitchen
Lvl nullFlooring - Laminate, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Gas Stove, Lighting - Pendant
Master Bedroom
Lvl nullCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl nullBathroom - 3/4, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl nullBathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: Tracy Spaniol
Listing Office: RE/MAX Encore
MLS® Number: 73569542
