$449,607
●
Condo -
Off Market
113 Sumner St #21
Boston, MA 02128
2 Beds
1 Bath
881 Ft²
$2,772
Est. Monthly
$505
HOA / Fees
8.10%
Cap Rate
About This Property
Boston Planning And Development Agency (BPDA ) Income Restricted
East Boston Waterfront 2 bedroom / 1 bath condo on the 2nd floor.
Building is a 30 unit professionally-managed elevator building with
bike storage with central AC & close access to the Maverick Blue
Line stop. Condo has in-unit washer / dyer, & a view overlooking
the Harbor. Near the YMCA, Greenway & other great East Boston
restaurants & parks. Sale is subject to BPDA approval of buyer's
eligibility (1 member household up to $103,900 & 2 member household
up to $118,800). Buyer(s) must have under $100,000 in liquid assets
(not including most retirement accounts & education savings) and
must obtain mortgage financing. Please ask for income limits for
larger households. Buyer(s) must use this condo as their primary
residence. BPDA requires buyers to contribute from their own
savings at least 1.5% of the purchase price. Buyer(s) must complete
a BPDA application & be approved by the BPDA. Entrance on the
waterfront side.
Unit Size
881 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$510
Property Type
Condo
Property Taxes
$59
HOA Dues
$505
Year Built
2004
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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: 3 years ago (MLSPIN #73197050)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Jan 28, 2024 | In contract | - | |
| In contract | |||
| Jan 26, 2024 | Listed by Coldwell Banker Realty - Boston | $449,607 | |
| Listed by Coldwell Banker Realty - Boston | |||
| May 31, 2012 | Sold | ||
| Sold | |||
| Dec 2, 2011 | Listed by The Russell Realty Group, LLC | $245,000 | |
| Listed by The Russell Realty Group, LLC | |||
| | |||
|
Direct waterfront million dollar skyline views for a ¼ of the price! BRA zoned 2 bedroom located in Maverick Square on the Blue Line. One stop to Downtown Boston. Tons of restaurants and shopping. Right near Piers Park and Jeffries Point. This is a BRA zoned unit which means a there is an income restriction on the deed. That is the reason why this condo is not $500,000. The garage parking is rented for $100 a month per spot. The condo fee is $377 which includes heat and hot water.
| |||
Property Highlights
Elevator
Parking Available
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry Features: In Unit
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: The Carlton Wharf Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: None
Lot Size Area: 0.02
Lot Size Units: Acres
Lot Size Acres: 0.02
Zoning: CD
Parcel Number: W:01 P:05402 S:308, 4757560
Water Source: Public
Financial Details
Tax Assessed Value: $396,300
Tax Annual Amount: $709
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Air Conditioning, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Elevator(s)
Association Fee Frequency: Monthly
HOA Fee: $505
Community Features: Public Transportation, Shopping, Tennis Court(s), Highway Access, House of Worship, T-Station
Pets Allowed: No
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
06/02/2026
|
2 Bed
|
1 Bath
|
785 ft²
|
$461,357
2 Bed
1 Bath
785 ft²
|
$400,000
-13.30%
08/28/2026
|
Ricardo Rodriguez & Associates Group
Coldwell Banker Realty - Boston
| |
|
01/26/2024
|
2 Bed
|
1 Bath
|
881 ft²
|
$449,607
2 Bed
1 Bath
881 ft²
|
$449,607
04/18/2024
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
04/12/2023
|
2 Bed
|
1 Bath
|
819 ft²
|
$409,000
2 Bed
1 Bath
819 ft²
|
$409,000
07/20/2023
|
Serhat Ozcicek
Boston Brokerage Group
| |
|
10/05/2022
|
1 Bed
|
1 Bath
|
625 ft²
|
$349,900
1 Bed
1 Bath
625 ft²
|
$335,000
-4.26%
01/31/2023
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
10/27/2021
|
1 Bed
|
1 Bath
|
671 ft²
|
$335,000
1 Bed
1 Bath
671 ft²
|
$334,500
-0.15%
03/11/2022
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
07/29/2020
|
2 Bed
|
1 Bath
|
815 ft²
|
$331,528
2 Bed
1 Bath
815 ft²
|
$331,528
10/06/2020
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
09/04/2019
|
2 Bed
|
1 Bath
|
875 ft²
|
$383,300
2 Bed
1 Bath
875 ft²
|
$383,300
12/18/2019
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
05/08/2019
|
2 Bed
|
1 Bath
|
875 ft²
|
$399,000
2 Bed
1 Bath
875 ft²
|
$379,500
-4.89%
08/15/2019
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
08/01/2018
|
1 Bed
|
1 Bath
|
657 ft²
|
$275,000
1 Bed
1 Bath
657 ft²
|
$270,000
-1.82%
12/12/2018
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
04/25/2018
|
1 Bed
|
1 Bath
|
671 ft²
|
$211,911
1 Bed
1 Bath
671 ft²
|
$211,911
07/06/2018
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
02/22/2017
|
1 Bed
|
1 Bath
|
657 ft²
|
$268,000
1 Bed
1 Bath
657 ft²
|
$270,000
+0.75%
10/19/2017
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
07/27/2016
|
1 Bed
|
1 Bath
|
671 ft²
|
$270,000
1 Bed
1 Bath
671 ft²
|
$270,000
11/03/2016
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
06/22/2016
|
1 Bed
|
1 Bath
|
671 ft²
|
$260,757
1 Bed
1 Bath
671 ft²
|
$256,000
-1.82%
09/19/2016
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
05/18/2016
|
1 Bed
|
1 Bath
|
657 ft²
|
$270,000
1 Bed
1 Bath
657 ft²
|
$268,000
-0.74%
08/31/2016
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
10/01/2015
|
1 Bed
|
1 Bath
|
671 ft²
|
$268,650
1 Bed
1 Bath
671 ft²
|
$250,000
-6.94%
02/19/2016
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
07/20/2015
|
1 Bed
|
1 Bath
|
671 ft²
|
$220,875
1 Bed
1 Bath
671 ft²
|
$218,000
-1.30%
11/18/2015
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
05/27/2015
|
2 Bed
|
1 Bath
|
878 ft²
|
$329,000
2 Bed
1 Bath
878 ft²
|
$320,000
-2.74%
09/11/2015
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
04/03/2013
|
2 Bed
|
1 Bath
|
875 ft²
|
$289,000
2 Bed
1 Bath
875 ft²
|
$280,000
-3.11%
06/07/2013
|
Richard Hornblower
Coldwell Banker Realty - Back Bay
| |
|
07/30/2012
|
2 Bed
|
1 Bath
|
819 ft²
|
$229,000
2 Bed
1 Bath
819 ft²
|
$229,101
+0.04%
10/10/2012
|
Richard Hornblower
Coldwell Banker Residential Brokerage - Boston - Back Bay
| |
|
06/28/2012
|
1 Bed
|
1 Bath
|
671 ft²
|
$155,000
1 Bed
1 Bath
671 ft²
|
$151,000
-2.58%
09/27/2012
|
Angelo Sicuranza
Ranza Real Estate
| |
|
12/02/2011
|
2 Bed
|
1 Bath
|
881 ft²
|
$245,000
2 Bed
1 Bath
881 ft²
|
$240,000
-2.04%
05/31/2012
|
Jeffrey Bowen
eRealty Advisors, Inc.
| |
|
08/23/2011
|
2 Bed
|
1 Bath
|
783 ft²
|
$214,500
2 Bed
1 Bath
783 ft²
|
$203,000
-5.36%
05/01/2012
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
02/21/2011
|
2 Bed
|
1 Bath
|
878 ft²
|
$279,900
2 Bed
1 Bath
878 ft²
|
-
-
|
Ai Cheng Goh
Z. Realty
| |
|
02/16/2010
|
1 Bed
|
1 Bath
|
657 ft²
|
$225,000
1 Bed
1 Bath
657 ft²
|
-
-
|
Zaragoza Guerra
Tony's Realty
| |
|
06/06/2010
|
2 Bed
|
1 Bath
|
783 ft²
|
$219,000
2 Bed
1 Bath
783 ft²
|
-
-
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
05/24/2010
|
2 Bed
|
1 Bath
|
832 ft²
|
$209,900
2 Bed
1 Bath
832 ft²
|
$204,900
-2.38%
10/22/2010
|
Angelo Sicuranza
Century 21 Mario Real Estate
| |
|
01/01/2010
|
2 Bed
|
1 Bath
|
878 ft²
|
$289,900
2 Bed
1 Bath
878 ft²
|
-
-
|
Ai Cheng Goh
Z. Realty
| |
|
01/04/2008
|
1 Bed
|
1 Bath
|
671 ft²
|
$199,021
1 Bed
1 Bath
671 ft²
|
$203,000
+2.00%
04/04/2008
|
John Green
M. Celata Real Estate
| |
|
06/21/2007
|
3 Bed
|
1 Bath
|
1300 ft²
|
$284,400
3 Bed
1 Bath
1300 ft²
|
$272,400
-4.22%
09/26/2007
|
Theresa ONeill
Affordable Housing Clearinghouse
| |
|
04/02/2007
|
2 Bed
|
1 Bath
|
946 ft²
|
$279,900
2 Bed
1 Bath
946 ft²
|
$279,900
07/16/2007
|
Valerie Johnson
|
Building Info
About East Boston
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