$726,000
●
Condo -
Off Market
11 Garrison Road #5
Brookline, MA 02445
2 Beds
1 Bath
1,425 Ft²
$727,297
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model
About This Property
Opportunity has arrived. This condo is distressed and in need of a
complete remodel but wow, you can not beat the location. Washington
Square and all it has to offer is only steps away. The unit
features 1,425 square feet of living space, including a large foyer
area, two huge bedrooms and a living room/dining area that is 22
feet by 16 feet. There is also a fireplace in the living room, as
well as the master bedroom. In-unit laundry. One assigned parking
space. The unit has no electricity and it will not be turned on
prior to the closing. Buyer and Buyer's agent to perform due
diligence. Subject to a license to sell.The unit is assessed for
over a million dollars. Contractor's take notice! This is a nice
winter project. PLEASE NOTE- Offers submitted with an
escalation clause will not be accepted by the attorney.
Unit Size
1,425 Ft²
Days on Market
-
Land Size
-
Price per sqft
$491
Property Type
Condo
Property Taxes
$820
HOA Dues
$647
Year Built
-
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 years ago (MLSPIN #72924969)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Keller Williams Realty | $699,900 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Parking Available
Fireplace
Interior Details
Level: First
Level: First
Features: Closet, Flooring - Hardwood
Width: 15
Length: 18
Area: 270
Length: 22
Level: Main
Area: 352
Features: Flooring - Hardwood
Width: 16
Features: Closet, Flooring - Hardwood
Level: First
Length: 17
Width: 17
Area: 289
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Wood
Laundry Features: In Unit
Rooms: 4
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Gordon Terrace Condominium Trust
Structure Type: Detached, Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Condo
Parcel Number: 37692
Water Source: Public
Financial Details
Tax Assessed Value: $1,003,800
Tax Annual Amount: $9,838
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: None
Heating Type: Central, Steam, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $647
Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Private School, Public School
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/26/2023
|
1 Bed
|
1 Bath
|
453 ft²
|
$465,000
1 Bed
1 Bath
453 ft²
|
$465,000
07/25/2023
|
The Home Group
Coldwell Banker Realty - Lynnfield
| |
|
10/05/2022
|
2 Bed
|
2 Bath
|
1500 ft²
|
$1,178,000
2 Bed
2 Bath
1500 ft²
|
$1,030,500
-12.52%
11/30/2022
|
Svetlana Sheinina
eXp Realty, LLC
| |
|
09/14/2022
|
1 Bed
|
1 Bath
|
715 ft²
|
$449,900
1 Bed
1 Bath
715 ft²
|
$440,000
-2.20%
12/29/2022
|
Dillon Currier
CHARLES RUTENBERG REALTY INC
| |
|
12/03/2021
|
2 Bed
|
1 Bath
|
1425 ft²
|
$699,900
2 Bed
1 Bath
1425 ft²
|
$726,000
+3.73%
03/10/2022
|
Kevin Keating
Keating Brokerage
| |
|
06/25/2015
|
1 Bed
|
1 Bath
|
453 ft²
|
$399,500
1 Bed
1 Bath
453 ft²
|
$415,000
+3.88%
08/14/2015
|
Aurel Garban
Unlimited Sotheby's International Realty
| |
|
05/14/2014
|
1 Bed
|
1 Bath
|
453 ft²
|
$325,000
1 Bed
1 Bath
453 ft²
|
$299,000
-8.00%
08/01/2014
|
Robert Imperato
Boston Realty Associates
| |
|
02/07/2013
|
1 Bed
|
1 Bath
|
715 ft²
|
$379,000
1 Bed
1 Bath
715 ft²
|
$379,000
06/28/2013
|
Lynne Eliopoulos
ERA Key Realty Services- Fram
| |
|
12/06/2012
|
1 Bed
|
2 Bath
|
810 ft²
|
$369,900
1 Bed
2 Bath
810 ft²
|
$371,400
+0.41%
03/27/2013
|
Roy Caley
Compass
| |
|
09/29/2007
|
Studio
|
1 Bath
|
453 ft²
|
$259,000
Studio
1 Bath
453 ft²
|
$235,000
-9.27%
06/19/2008
|
Robert Imperato
Boston Realty Associates
| |
|
05/18/2006
|
3 Bed
|
2 Bath
|
1500 ft²
|
$659,000
3 Bed
2 Bath
1500 ft²
|
$640,000
-2.88%
07/25/2006
|
Mona Wiener
Hammond Residential Real Estate
| |
|
03/09/2006
|
1 Bed
|
1 Bath
|
715 ft²
|
$359,900
1 Bed
1 Bath
715 ft²
|
$333,000
-7.47%
08/04/2006
|
Todd Lyman
Century 21 The Howard Group
| |
|
08/10/2004
|
2 Bed
|
2 Bath
|
1500 ft²
|
$679,900
2 Bed
2 Bath
1500 ft²
|
$685,100
+0.76%
10/08/2004
|
Betsy Herald
The Charles Realty
| |
|
01/03/2003
|
2 Bed
|
2 Bath
|
1500 ft²
|
$525,000
2 Bed
2 Bath
1500 ft²
|
$525,000
03/31/2003
|
Jeannie Carlyn
Coldwell Banker Realty - Brookline
| |
|
08/03/2001
|
1 Bed
|
1 Bath
|
715 ft²
|
$269,000
1 Bed
1 Bath
715 ft²
|
$269,000
10/01/2001
|
Jonathan Sandler
Coldwell Banker Realty - Brookline
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017