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$305,500
● Condo - Off Market

1992 Commonwealth #7

bedrooms
2 Beds
bathrooms
1 Bath
square feet
911 Ft²
$704,569
RealtyHop Estimate
135.64%
Since May 1, 2003
National-US
Primary Model

About This Property

RESERVOIR GARDENS! TOP FLOOR 2 BR SHOWS BEAUTIFULLY! SOARING CEILS, GLEAMING HDWD, FRPL LR W BUILT INS, UPDATES EIK W 2 YEAR YOUNG GAS STOVE. UPDATED BATH. HI OWNER OCC. BEAUTIFUL COURTYARD OPENS TO RES JOGGING PATH. OH 3/23 12-2.
Unit Size
911 Ft²
Days on Market
-
Land Size
-
Price per sqft
$328
Property Type
Condo
Property Taxes
$87
HOA Dues
$276
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 #30699555)

Price History

Date / Event Date Event Price
Apr 30, 2003 Sold
Premium
Sold
Mar 18, 2003 Listed by Coldwell Banker Realty - Brookline $299,000
Listed by Coldwell Banker Realty - Brookline

Property Highlights

Fireplace
Interior Details
Level: Third
Width: 8
Length: 10
Area: 80
Level: Third
Features: Flooring - Hardwood
Width: 14
Length: 12
Area: 168
Length: 14
Level: Third
Area: 196
Features: Flooring - Hardwood
Width: 14
Features: Flooring - Hardwood
Level: Third
Length: 12
Width: 14
Area: 168
Level: Third
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Oil Water Heater, Utility Connections for Gas Range
Flooring Type: Wood
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Entry Level: 3
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Reservoir Gardens
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 1218324
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $180,000
Tax Annual Amount: $1,044
Utilities Details
Utilities: for Gas Range
Cooling Type: None
Heating Type: Steam, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds
HOA/Condo/Coop Amenities: Hot Water, Laundry
HOA Fee: $276
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park
Complex is Completed
Management: Professional - Off Site

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: 4 years ago
Data Source: MLS PIN, MLS# 30699555
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