198 Commonwealth Ave.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2014 | Sold | ||
| Sold | |||
| Feb 10, 2014 | Listed by Marsh Properties, Inc. | $9,500,000 | |
| Listed by Marsh Properties, Inc. | |||
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Grand Commonwealth Avenue Townhouse centrally located in the heart of Back Bay. An elevator serves all five levels of this meticulously renovated home complete with soaring ceilings, carved accents and crown molding throughout. The Parlor level offers a formal dining room with Comm Ave views, sun-filled breakfast room with balcony, great room, and large open kitchen. One floor above is the front-facing double-width living room, handsome wood paneled library and separate office. Master bedroom suite includes dressing room, large closets and luxurious en suite bath. Four additional bedrooms and separate au-pair suite. Private landscaped garden and spacious roof deck perfect for entertaining. This trophy home is complete with 3 car parking.
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Price/ft²
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About Back Bay
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$6,120 /mo
- 2 Beds
- 2 Baths
- 1,140 ft²
$4,463 /mo
- 1 Bed
- 1 Bath
- 854 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017