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$400,000
● Condo - Off Market

15 Gibson #2

Boston, MA
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,129 Ft²
$619,418
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Beautiful newly renovated 2 bedroom condo located in the highly sought after section of Dorchester. This unit is 5 minutes from interstate 93 leading towards downtown Boston. This unit has 2 deeded parking spaces for the owner. For added convenience public transportation , shops, grocery stores, parks and eateries are within walking distance. This unit offers granite and stainless steel appliances. This unit has a full bath and a half bath designed with a laundry area in the unit. This unit has beautiful original hardwood flooring accompanied with natural wood work through out. This unit has a large rear deck area perfect for entertaining or the quiet enjoyment of the new owner. Deeded storage for each unit is in the basement, there is also a common yard in the rear of the building. To much to list a must see!
Unit Size
1,129 Ft²
Days on Market
-
Land Size
-
Price per sqft
$354
Property Type
Condo
Property Taxes
$268
HOA Dues
$200
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: 5 years ago (MLSPIN #72280739)

Price History

Date / Event Date Event Price
Mar 28, 2018 Sold
Premium
Sold
Feb 11, 2018 Listed by Coldwell Banker Realty - South End $399,999
Listed by Coldwell Banker Realty - South End

Property Highlights

Air Conditioning
Interior Details
Width: 15
Length: 12
Area: 180
Width: 11
Length: 14
Area: 154
Length: 12
Area: 180
Width: 15
Width: 7
Length: 10
Area: 70
Length: 12
Width: 10
Area: 120
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Den
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood
Laundry Features: In Unit
Rooms: 5
Basement: Y
Parking Details
Parking Features: Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res
Parcel Number: 1300933
Water Source: Public
Financial Details
Tax Assessed Value: $300,400
Tax Annual Amount: $3,215
Utilities Details
Utilities: for Gas Range
Cooling Type: Wall Unit(s)
Heating Type: Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $200
Community Features: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72280739
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