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$1,450,000
● Condo - Off Market

280 Beacon #41

Boston, MA
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,530 Ft²
$2,790,550
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Riverside Beacon.  Highly sought after building with on-site super.   Sunny, spacious 3 bedroom, 3 bath home. All new kitchen with Miele appliances, Sub Zero refrigerator and Bosch laundry in the unit, formal dining room, Hardwood floors, wood burning fireplace, two elevators. Great closet space with additional private storage in the basement. Fantastic common roof deck with spectacular 360° city and Charles River views. Wait list for assigned parking, when you get a parking space it is $100. per month. There is a Bike room in the basement, and the new Lobby furniture is arriving in August.
Unit Size
1,530 Ft²
Days on Market
-
Land Size
-
Price per sqft
$978
Property Type
Condo
Property Taxes
$1,050
HOA Dues
$1,057
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 #71723490)

Price History

Date / Event Date Event Price
Oct 24, 2014 Sold
Premium
Sold
Aug 3, 2014 Listed by Fitkova Realty Group $1,497,000
Listed by Fitkova Realty Group

Property Highlights

Air Conditioning
Parking Available
Fireplace
Interior Details
Width: 15
Length: 10
Area: 150
Width: 7
Length: 15
Area: 105
Length: 20
Area: 240
Features: Flooring - Hardwood
Width: 12
Width: 15
Length: 7
Area: 105
Width: 16
Length: 11
Area: 176
Length: 12
Width: 15
Area: 180
Full Bathrooms: 3
Appliances: Oven, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood
Laundry Features: Common Area, In Unit
Rooms: 5
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Has Property Attached
Entry Level: 4
Security Features: Intercom, Other
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Mid-Rise
Stories (Total): 7
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Deck - Roof
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 3351110
Water Source: Public
Financial Details
Tax Assessed Value: $1,141,900
Tax Annual Amount: $12,601
Utilities Details
Utilities: for Gas Range
Cooling Type: Window Unit(s)
Heating Type: Central, Steam
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Laundry, Elevator(s), Storage
Association Fee Frequency: Monthly
HOA Fee: $1,057
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On 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: 5 years ago
Data Source: MLS PIN, MLS# 71723490
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