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$311,500
● Co-op - Off Market

566 Commonwealth #PH4

Boston, MA
bedrooms
Studio
bathrooms
1 Bath
square feet
655 Ft²
$558,609
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Without a doubt, this is one of the nicest PH studios in Boston. Perched up high, beaming with sun, this huge unit has commanding views from a private balcony that are nothing less than majestic. The space is inviting, modern, beautifully renovated and blessed with TONS of closets!!! The building is professional, elegant, has a 24 hour concierge, and is only steps to a T-stop and a short walk to Newbury Street. Real Estate Taxes as well as Satellite TV service are included in the monthly association fee.
Unit Size
655 Ft²
Days on Market
-
Land Size
-
Price per sqft
$472
Property Type
Co-op
Property Taxes
-
HOA Dues
$845
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 #71784668)

Price History

Date / Event Date Event Price
Apr 30, 2015 Sold
Premium
Sold
Jan 16, 2015 Listed by Compass $309,000
Listed by Compass

Property Highlights

Air Conditioning
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Wood
Laundry Features: In Building
Rooms: 3
Basement: N
Exterior Details
Has Property Attached
Entry Level: 13
Security Features: Doorman, Concierge
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Stock Cooperative
Building Name: Kenmore Tower
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick, Stone
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: Res
Parcel Number: 3349419
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Air Conditioning
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Elevator(s)
HOA Fee: $845
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, T-Station, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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

Similar Homes for Sale

Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71784668
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