$795,000
●
Condo -
Off Market
3 Avery #501
Boston, MA
2 Beds
2 Baths
1,509 Ft²
$855,198
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Location Location Location! Live your dream of living in the
Ritz-Carlton. This Magnificent Downtown Crossing condominium
in in the heart of Boston. Just seconds walking-distance from
Boston Common, Downtown Crossing Shopping mall, and your choice of
Boston's best restaurants. Enter one of the most luxurious
buildings in Boston, padded with 24/7 concierge and bell service,
valet parking, and more. The spacious 1,509 square-foot 2
bedroom/2 bathroom condo includes a bonus study/office space, floor
to ceiling windows, large walk-in closet and hardwood floors
throughout. The open-concept kitchen is perfect for
entertaining guests, with granite countertops and a breakfast bar.
Valet and garage parking available for rent. Additional
in-building storage space available for rent.
Unit Size
1,509 Ft²
Days on Market
-
Land Size
-
Price per sqft
$550
Property Type
Condo
Property Taxes
$687
HOA Dues
$2,394
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 #73054479)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Jan 6, 2023 | In contract | - | |
| In contract | |||
| Nov 1, 2022 | Listed by Century 21 Shawmut Properties | $829,900 | |
| Listed by Century 21 Shawmut Properties | |||
Property Highlights
Air Conditioning
Interior Details
Width: 109
Length: 120
Width: 117
Length: 99
Length: 114
Width: 210
Width: 611
Length: 611
Width: 1410
Length: 136
Length: 247
Width: 150
Full Bathrooms: 2
Interior Features: Entrance Foyer
Appliances: ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Cooktop, Oven - ENERGY STAR
Flooring Type: Hardwood
Laundry Features: In Building
Rooms: 5
Basement: N
Parking Details
Parking Features: Available for Purchase
Exterior Details
Has Property Attached
Entry Level: 5
Security Features: Doorman, Concierge
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Ritz Residences
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: None
Lot Size Units: Acres
Zoning: CD
Parcel Number: 4585952
Water Source: Public
Financial Details
Tax Assessed Value: $772,300
Tax Annual Amount: $8,240
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry, Elevator(s), Playground, Clubroom
Association Fee Frequency: Monthly
HOA Fee: $2,394
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, T-Station
Pets Allowed: Yes w/ Restrictions
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017