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$1,129,000
● Condo - Off Market

492 Beacon #51

Boston, MA
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,132 Ft²
$1,292,074
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Buyer got cold feet! Oppty to buy in building designed by award winning architect, Graham, Gund. Corner 2 bedroom, 2 bathroom with windows on three exposures, above the trees and the incredible restoration of this once church. Completely renovated with an open kitchen, dining and living room, 2 brand new bathrooms, enormous walk in closets, hardwood floors, exceptional ceiling height and built in shelving.  Second bedroom with custom murphy bed.  This historic building also offers garage parking, 24 hour concierge, additional large storage unit, professionally landscaped beautiful common garden and common roofdeck overlooking the Charles River.  Fantastic Back Bay location steps to the esplanade, and all the shops and restaurants on Newbury Street.  Shown by appointment only.
Unit Size
1,132 Ft²
Days on Market
-
Land Size
-
Price per sqft
$997
Property Type
Condo
Property Taxes
$1,037
HOA Dues
$1,333
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 #72842733)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by Boston Homes Realty $1,129,000
Listed by Boston Homes Realty

Property Highlights

Air Conditioning
Interior Details
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood
Laundry Features: In Unit
Rooms: 4
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 5
Security Features: Concierge
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Church Court
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Deck - Roof
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RA
Parcel Number: 3349379
Water Source: Public
Financial Details
Tax Assessed Value: $1,166,200
Tax Annual Amount: $12,443
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Elevator(s)
HOA Fee: $1,333
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Marina, Private School, Public School, T-Station, University
Management: Professional - Off 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# 72842733
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