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$2,610,000
● Condo - Off Market

215 Commonwealth #3

Boston, MA
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,901 Ft²
$4,765,164
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Spectacular 2 bed, 2 and 1 half bath home on sunny-side Commonwealth Ave. This 1,901 sf floor through residence boasts extraordinary original detail, high ceilings and oversized windows with views of the Comm Ave Mall.  Unit also has a small office off kitchen, direct elevator access, a private deck and direct access to a full parking space.  A true Back Bay classic.
Unit Size
1,901 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,341
Property Type
Condo
Property Taxes
$1,691
HOA Dues
$675
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 #71737773)

Price History

Date / Event Date Event Price
Dec 2, 2014 Sold
Premium
Sold
Sep 4, 2014 Listed by Gibson Sotheby's International Realty $2,550,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Rooms: 5
Has Fireplace
Fireplaces: 2
Basement: N
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Brownstone
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 3350869
Water Source: Public
Financial Details
Tax Assessed Value: $1,753,000
Tax Annual Amount: $20,288
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA/Condo/Coop Amenities: Elevator(s)
Association Fee Frequency: Monthly
HOA Fee: $675
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
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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Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71737773
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