$290,000
●
Condo -
Off Market
116 University Road #116
Brookline, MA 02445
3 Beds
1 Bath
1,354 Ft²
$965,650
RealtyHop Estimate
222.96%
Since Oct 1, 1999
MA-Boston
Primary Model
About This Property
NEW CONVERSION OF A BEAUTIFUL BRICK BUILDING IN A WONDERFUL
LOCATION! FIREPLACED LIVING ROOM,FORMAL DINING ROOM W/
WAINSCOTTING,PORCH OFF THE KITCHEN,WASH/DRYER IN UNIT.
TAXES,ASSESSMENT,CONDO FEE,SF TO BE DETERMENED ,RT. PARKING.
Unit Size
1,354 Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
Condo
Property Taxes
$161
HOA Dues
$378
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (MLSPIN #30325795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 1999 | Sold | ||
| Sold | |||
| Jun 2, 1999 | Listed | $299,000 | |
| Listed | |||
Property Highlights
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Level: First
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Gas Dryer
Flooring Type: Wood
Laundry Features: Washer Hookup
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Rented
Exterior Details
Has Property Attached
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: 116 University Condominiums
Structure Type: Mid-Rise, 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Brick
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 3805704
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $135,690
Tax Annual Amount: $1,933
Utilities Details
Utilities: for Electric Range, for Gas Dryer, Washer Hookup
Cooling Type: None
Heating Type: Steam, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance
HOA/Condo/Coop Amenities: Hot Water, Laundry
HOA Fee: $378
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat
Complex is Completed
Management: No Management
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 |
|---|---|---|---|---|---|---|---|
|
05/16/2022
|
3 Bed
|
1 Bath
|
1343 ft²
|
$849,000
3 Bed
1 Bath
1343 ft²
|
$860,000
+1.30%
06/28/2022
|
Sheila Goddess
Coldwell Banker Realty - Newton
| |
|
05/07/2013
|
3 Bed
|
1 Bath
|
1343 ft²
|
$499,000
3 Bed
1 Bath
1343 ft²
|
$582,000
+16.63%
06/25/2013
|
Judith Paradis
Compass
| |
|
03/16/2010
|
3 Bed
|
1 Bath
|
1343 ft²
|
$485,000
3 Bed
1 Bath
1343 ft²
|
$464,000
-4.33%
09/20/2010
|
Cheryl Cotney
Compass
| |
|
08/21/2009
|
3 Bed
|
1 Bath
|
1343 ft²
|
$484,900
3 Bed
1 Bath
1343 ft²
|
$461,000
-4.93%
03/19/2010
|
David Gordon
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
06/02/1999
|
3 Bed
|
1 Bath
|
1354 ft²
|
$299,000
3 Bed
1 Bath
1354 ft²
|
$290,000
-3.01%
09/01/1999
|
Margaret Palau
Coldwell Banker Residential Brokerage - Brookline
|
Building Info
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