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$825,000
● Condo - Off Market

382 Commonwealth #11

Boston, MA
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,076 Ft²
$1,442,845
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Over 1000+ sq ft. of living space right next door to the Harvard Club. This 2 bedroom 1.5 bath condo features high ceilings, bay windows and fireplace in a grand living room overlooking Commonwealth Avenue. Centrally located just off both the bus line as well as around the corner from Hynes Convention Center. Finished basement with common laundry/trash/recycling and bike storage. Hardwood floors throughout the apartment with tile bathrooms. The association has recently changed management companies, and there are reserves of just over $50K. No special assessments pending. Great opportunity for an investor or owner occupant - ready to be customized!
Unit Size
1,076 Ft²
Days on Market
-
Land Size
-
Price per sqft
$790
Property Type
Condo
Property Taxes
$678
HOA Dues
$465
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71945188)

Price History

Date / Event Date Event Price
Jun 28, 2016 Sold
Premium
Sold
Jan 4, 2016 Listed by Coldwell Banker Realty - South End $850,000
Listed by Coldwell Banker Realty - South End

Property Highlights

Air Conditioning
Interior Details
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Colonial Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res. condo
Parcel Number: 0503814004, 3362497
Water Source: Public
Financial Details
Tax Assessed Value: $739,100
Tax Annual Amount: $8,130
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure
HOA/Condo/Coop Amenities: Hot Water, Laundry, Elevator(s)
Association Fee Frequency: Monthly
HOA Fee: $465
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site, Owner Association

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# 71945188
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