Pristine co-op unit at coveted Jamaicaway Tower. This elegant and
bright 1,068 square foot corner unit features a recently updated
kitchen and bathroom, abundant closet space, and an open
dining/living room with lovely moldings," LED lighting", and high
ceilings. The renovated kitchen includes dark wood cabinetry with
marble, steel and glass tile back splash, stainless steel
appliances, a professional-grade sink, and granite countertops. The
redone bathroom has a wooden vanity with a granite countertop, a
stone tiled tub and floor plus a heating lamp. Each of the two
bedrooms has a walk-in closet. The mini-office area has built-ins.
There have been many other improvements since 2013 including
silhouette shades in all windows.This professionally managed
property offers garage parking, an exercise room, function
room/library, tennis, heated outdoor swimming pool, and 24-hour
concierge and security. Close by are Jamaica Pond, Brookline
Village, and the Longwood Medical Area.
Unit Size
1,068 Ft²
Days on Market
-
Land Size
-
Price per sqft
$467
Property Type
Co-op
Property Taxes
$258
HOA Dues
$968
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.
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Elevator(s), Tennis Court(s), Fitness Center
Association Fee Frequency: Monthly
HOA Fee: $968
Community Features: Public Transportation, Shopping, Medical Facility
Pets Allowed: Yes w/ Restrictions
Management: Professional - On Site
111 Perkins
#025,
Boston, MA,
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