All offers due on Monday, August 11, 2014 @ 4pm - Great
opportunity + unbelievable location; 1 off street private
parking space and deeded storage included with this wonderfully
bright top floor condo, freshly painted with BM Atrium White;
living room, dining room with large skylight, two bedrooms, one
bathroom, high ceilings and newly sanded + finished oak hardwood
floors throughout. Galley kitchen: White cabinets and NEW
White Appliances; fridge, gas stove, + dishwasher. Condo has
tremendous closet space. Super location right at the intersection
of Comm. Ave & Harvard Ave, walk to Coolidge Corner, Washington
Square and Allston Village. Conveniently located on the "B" line
and bus 66 to Harvard Sq, BU & BC.
Unit Size
968 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$392
Property Type
Condo
Property Taxes
$329
HOA Dues
$430
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: Range, Dishwasher, Disposal, Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
Flooring Type: Wood, Tile, Hardwood
Laundry Features: Common Area, In Building
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Has Property Attached
Entry Level: 4
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Commonwealth Estates
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick, Stone
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 21 00866014, 1208444
Water Source: Public
Financial Details
Tax Map Number: 21
Tax Assessed Value: $313,900
Tax Annual Amount: $3,949
Utilities Details
Utilities: for Gas Range, for Gas Oven
Cooling Type: None
Heating Type: Central, Hot Water, Steam
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Insurance
HOA/Condo/Coop Amenities: Hot Water
Association Fee Frequency: Monthly
HOA Fee: $430
Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Private School, Public School, T-Station, University
Complex is Completed
Management: Professional - Off Site
1251 Commonwealth
#7,
Boston, MA,
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