273 Commonwealth Avenue #2
About This Property
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Cap Rate Calculator
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.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 14, 2025 | Sold | ||
Sold | |||
Mar 8, 2025 | In contract | - | |
In contract | |||
Feb 7, 2025 | Price Decreased |
$1,195,000
↓ $200K
(14.3%) | |
Price Decreased | |||
Jan 10, 2025 | Listed by Coldwell Banker Realty - Boston | $1,395,000 | |
Listed by Coldwell Banker Realty - Boston |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/29/2024
|
2 Bed
|
3 Bath
|
1520 ft²
|
$2,495,000
2 Bed
3 Bath
1520 ft²
|
-
-
|
-
|
Vineburgh DiMella Team
Charlesgate Realty Group, llc
| |
05/08/2017
|
1 Bed
|
2 Bath
|
1146 ft²
|
$1,399,000
1 Bed
2 Bath
1146 ft²
|
$1,460,000
+4.36%
06/27/2017
|
-
|
Clara Paik
JYP Realty
|
Building Info
- 1 Unit for Sale

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