1
Map
$765,000
●
Condo -
Off Market
56 Thomas Park #2
Boston, MA 02127
3 Beds
2 Baths,
1
Half Bath
1,699 Ft²
$1,636,910
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model
About This Property
Beautifully renovated condominium in an old Sea Captains house
overlooking the Boston Harbor and the monument at the top of
Telegraph Hill. This is the finest property in all of South Boston.
High Ceilings, Sunny all day w/4 exposures and hdwd floors.Grand
and open Living/Dining/Kitchen room with beautifully restored hand
painted ceiling, marble firplcs, large windows with water and
monument views. Large Porch, and garden, Final approval pending for
1 parking space.
Unit Size
1,699 Ft²
Days on Market
-
Land Size
-
Price per sqft
$470
Property Type
Condo
Property Taxes
$8,333,333
HOA Dues
$9,999,999
Year Built
1885
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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: 2 years ago (MLSPIN #71059711)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2010 | Sold | ||
| Sold | |||
| Apr 7, 2010 | Listed by Coldwell Banker Residential Brokerage-Boston-Commonwealth Avenue | $799,000 | |
| Listed by Coldwell Banker Residential Brokerage-Boston-Commonwealth Avenue | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Wood
Rooms: 7
Has Fireplace
Fireplaces: 3
Basement: N
Exterior Details
Square Footage: 1699
Year Built Source: Public Records
Year Built: 1885
Waterfront Features: Waterfront, Ocean, 0 to 1/10 Mile To Beach
Building Area Total: 1699
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $1,127,100
Tax Annual Amount: $99,999,999
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $9,999,999
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/02/2020
|
2 Bed
|
2 Bath
|
1734 ft²
|
$1,469,500
2 Bed
2 Bath
1734 ft²
|
$1,225,000
-16.64%
01/25/2021
|
Kris Lippi
Get Listed Realty
| |
|
04/12/2010
| |
6 Bed
|
6 Bath
|
5588 ft²
|
$2,199,000
6 Bed
6 Bath
5588 ft²
|
-
-
|
Florence Mackie
Coldwell Banker Residential Brokerage-Boston-Commonwealth Avenue
|
|
04/07/2010
|
2 Bed
|
2 Bath
|
1734 ft²
|
$599,000
2 Bed
2 Bath
1734 ft²
|
$599,000
08/18/2010
|
Florence Mackie
Coldwell Banker Residential Brokerage-Boston-Commonwealth Avenue
| |
|
04/07/2010
|
3 Bed
|
2 Bath
|
1699 ft²
|
$799,000
3 Bed
2 Bath
1699 ft²
|
$765,000
-4.26%
09/02/2010
|
Florence Mackie and David Mackie
Coldwell Banker Residential Brokerage-Boston-Commonwealth Avenue
| |
|
04/07/2010
|
2 Bed
|
2 Bath
|
2379 ft²
|
$899,000
2 Bed
2 Bath
2379 ft²
|
$599,000
-33.37%
08/18/2010
|
Florence Mackie and David Mackie
| |
|
09/13/2007
| |
6 Bed
|
3 Bath
|
5588 ft²
|
$1,600,000
6 Bed
3 Bath
5588 ft²
|
$1,200,000
-25.00%
12/04/2007
|
Rita Kenneally
|
Building Info
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