1 Avery at the Ritz Carlton Towers offers the best in full service
luxury with doorman, porter, concierge, Ritz Hotel services, and
valet parking. This 3 bedroom 2.5 bath corner home has floor to
ceiling windows with city scape views, including the State House,
Boston Harbor, Midtown, and the Financial District. Enjoy the
morning sun in your large gourmet eat-in kitchen. The open living
room and dining area are perfect for entertaining. The master
bedroom easily fits a king size bed and has abundant closets and
ensuite bath with custom storage. The second bedroom is spacious,
with ensuite bath, and the third bedroom is currently used as an
office . An elegant powder room for guests and separate laundry
room complete this lovely home. Located in rejuvenated Midtown
overlooking Washington Street and Downtown Crossing and steps away
from the Boston Common and the Rose Kennedy Greenway, there is
plenty of green space to balance this dynamic urban setting. 60
hours/month free guest parking.
Unit Size
2,036 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,225
Property Type
Condo
Property Taxes
$1,676
HOA Dues
$2,959
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Appliances: Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer, Range Hood, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: In Unit
Rooms: 6
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 21
Security Features: Doorman, Concierge, Security System
HOA/Condo/Coop Amenities: Hot Water, Elevator(s), Parking
Association Fee Frequency: Monthly
HOA Fee: $2,959
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station, University
Pets Allowed: Yes
Complex is Completed
Management: Professional - On Site, Owner Association
1 Avery
#21D,
Boston, MA,
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