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$550,000
● Condo - Off Market

3 Prince #2

Boston, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
742 Ft²
$611,129
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

UNBELIEVABLE LOCATION, Incredible Value - Welcome to 3 Prince Street, a charming 2 bed+plus den. Centrally located in the Heart of Boston's Historic North End, this Condo is situated directly on a small side street commonly known as "Little Prince," adjacent to the beautiful cobblestone streets of North Square and close proximity to the shops and restaurants of Hanover Street. Close to Public Transportation and all major highways. This home is the perfect opportunity to put your own personal touches or to buy as an investment. A non-residential unit directly below on the first floor is also for sale and can be bought as a package See MLS#72926776. Unit currently has Tenants on Month to Month Lease paying $2500/month.
Unit Size
742 Ft²
Days on Market
-
Land Size
-
Price per sqft
$761
Property Type
Condo
Property Taxes
$416
HOA Dues
$265
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 #72926771)

Price History

Date / Event Date Event Price
Jan 24, 2022 Sold
Premium
Sold
Dec 9, 2021 Listed by Mateus Realty $565,000
Listed by Mateus Realty

Property Highlights

Air Conditioning
Interior Details
Full Bathrooms: 1
Laundry Features: Off-Site
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CD
Parcel Number: 5008112
Water Source: Public
Financial Details
Tax Assessed Value: $467,500
Tax Annual Amount: $4,988
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Steam
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance
Association Fee Frequency: Monthly
HOA Fee: $265
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Pets Allowed: Yes

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

Similar Homes for Sale

Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72926771
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