$765,000
●
Condo -
Off Market
61 Park Drive #21
Boston, MA 02215
2 Beds
1 Bath
1,007 Ft²
$684,038
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model
About This Property
Charming two bedroom condo in the heart of Fenway! Located on
coveted Park Drive, this unit features two equally spacious
bedrooms, an abundance of closet space and a stylish kitchen that
was recently renovated. This garden level unit is open and airy,
with ten foot ceilings, radiant heat in the living area, trendy
honed concrete floors, and recessed lighting throughout. The modern
bathroom and exposed brick completes the look. An investors
dream, this home is perfect for roommates as both bedrooms are very
spacious and equal in size, and the very low condo fee cannot be
beat. The building recently upgraded the laundry room with card
operated washers/dryers and recycling room. This home can be
purchased with a coveted Deeded parking space directly behind the
building for an additional $75,000. Park Drive is a beautiful
tree lined street across from ball fields, rose garden, and short
walk to the T, Longwood Medical, Northeastern, and Newbury Street.
Unit Size
1,007 Ft²
Days on Market
-
Land Size
-
Price per sqft
$670
Property Type
Condo
Property Taxes
$458
HOA Dues
$275
Year Built
1999
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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 #72947033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Compass | $675,000 | |
| Listed by Compass | |||
| Jun 27, 2016 | Sold | ||
| Sold | |||
| Apr 27, 2016 | Listed by Luxury Residential Group, LLC | $599,000 | |
| Listed by Luxury Residential Group, LLC | |||
| | |||
|
With over 1000 square feet, this spacious, open layout provides a great opportunity for those who appreciate clean and modern lines. Highlights include ten foot ceilings, radiant heat in the living room with trendy honed concrete floors, recess lighting throughout, and a stylish granite and stainless steel kitchen with bar that was completely renovated in 2013. The sleek and spacious bathroom is beautifully tiled. Don't miss the brand new laundry room with card operated washer/dryers and clean trash/recycling room. This home is perfect for roommates as both bedrooms are HUGE and equal in size. Private walk-out entrance. An investors dream come true. One single parking space available (space D) for purchase for an additional $75,000. Maintenance fee of $26/mo.
| |||
| May 1, 2013 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer
Rooms: 3
Basement: Y
Parking Details
Parking Features: Deeded
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: None
Lot Size Units: Acres
Zoning: Res
Parcel Number: 3363370
Water Source: Public
Financial Details
Tax Assessed Value: $515,300
Tax Annual Amount: $5,498
Utilities Details
Cooling Type: Window Unit(s), Other
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Laundry, Storage
Association Fee Frequency: Monthly
HOA Fee: $275
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
04/05/2023
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
-
-
|
Lana Tran
LT Realty
| |
|
03/01/2022
|
2 Bed
|
1 Bath
|
1007 ft²
|
$675,000
2 Bed
1 Bath
1007 ft²
|
$765,000
+13.33%
05/18/2022
|
Taylor Blacker
Luxury Residential Group, LLC
| |
|
03/28/2019
| |
Studio
|
-
|
-
|
$90,000
Studio
-
|
-
-
|
-
|
|
09/12/2018
|
Studio
|
-
|
170 ft²
|
-
Studio
-
170 ft²
|
-
-
|
-
| |
|
04/27/2016
|
2 Bed
|
1 Bath
|
1007 ft²
|
$599,000
2 Bed
1 Bath
1007 ft²
|
$674,000
+12.52%
06/27/2016
|
Jessica Later
JL+CoRE
| |
|
05/17/2013
|
1 Bed
|
1 Bath
|
600 ft²
|
$425,000
1 Bed
1 Bath
600 ft²
|
$415,000
-2.35%
07/05/2013
|
David Hassman
Boston Property Services, LLC
| |
|
02/27/2013
|
Studio
|
-
|
170 ft²
|
$55,000
Studio
-
170 ft²
|
$50,500
-8.18%
05/01/2013
|
Jessica Later
JL+CoRE
| |
|
02/12/2013
|
2 Bed
|
1 Bath
|
1007 ft²
|
$449,500
2 Bed
1 Bath
1007 ft²
|
$449,500
05/01/2013
|
Michael Grappo
M. J. Grappo Realty Associates
| |
|
05/22/2012
|
1 Bed
|
1 Bath
|
646 ft²
|
$340,000
1 Bed
1 Bath
646 ft²
|
$335,000
-1.47%
08/17/2012
|
Daniel Tully
Symphony Properties
| |
|
04/11/2012
|
1 Bed
|
1 Bath
|
646 ft²
|
$329,000
1 Bed
1 Bath
646 ft²
|
$321,440
-2.30%
05/31/2012
|
David Hassman
Boston Property Services, LLC
| |
|
09/09/2010
|
2 Bed
|
1 Bath
|
789 ft²
|
$459,000
2 Bed
1 Bath
789 ft²
|
$435,000
-5.23%
12/13/2010
|
Scott McNeill
Compass
| |
|
05/20/2010
|
1 Bed
|
1 Bath
|
600 ft²
|
$389,000
1 Bed
1 Bath
600 ft²
|
$375,000
-3.60%
07/02/2010
|
Stephen Chase
Keller Williams Realty Boston-Metro | Back Bay
| |
|
04/07/2010
|
2 Bed
|
1 Bath
|
789 ft²
|
$409,000
2 Bed
1 Bath
789 ft²
|
$398,000
-2.69%
06/04/2010
|
Michael Grappo
M. J. Grappo Realty Associates
| |
|
03/02/2010
|
1 Bed
|
1 Bath
|
631 ft²
|
$329,900
1 Bed
1 Bath
631 ft²
|
$322,000
-2.39%
08/04/2010
|
Charles Vallis
Upright Realty Group LLC
| |
|
02/18/2010
|
2 Bed
|
1 Bath
|
770 ft²
|
$379,900
2 Bed
1 Bath
770 ft²
|
-
-
|
Michael Grappo
M. J. Grappo Realty Associates
| |
|
01/05/2010
|
1 Bed
|
1 Bath
|
646 ft²
|
$329,900
1 Bed
1 Bath
646 ft²
|
-
-
|
David Hassman
Boston Property Services, LLC
| |
|
03/19/2009
|
2 Bed
|
1 Bath
|
789 ft²
|
$429,900
2 Bed
1 Bath
789 ft²
|
$412,000
-4.16%
06/04/2009
|
Michael Paganelli
Impact Realty Partnership, LLC
| |
|
06/16/2008
|
1 Bed
|
1 Bath
|
646 ft²
|
$329,900
1 Bed
1 Bath
646 ft²
|
$325,000
-1.49%
08/15/2008
|
Michael Grappo
M. J. Grappo Realty Associates
| |
|
03/11/2008
|
1 Bed
|
1 Bath
|
600 ft²
|
$289,000
1 Bed
1 Bath
600 ft²
|
$272,950
-5.55%
07/29/2008
|
Scott McNeill
Compass
| |
|
07/17/2007
|
1 Bed
|
1 Bath
|
631 ft²
|
$249,000
1 Bed
1 Bath
631 ft²
|
$255,000
+2.41%
07/31/2007
|
Jack Armitage
Hammond Residential
| |
|
09/15/2006
|
1 Bed
|
1 Bath
|
600 ft²
|
$339,000
1 Bed
1 Bath
600 ft²
|
$305,000
-10.03%
01/31/2007
|
Stephen Chase
Keller Williams Realty Boston-Metro | Back Bay
| |
|
06/20/2006
|
2 Bed
|
1 Bath
|
789 ft²
|
$449,000
2 Bed
1 Bath
789 ft²
|
$410,000
-8.69%
08/30/2006
|
Stephen Chase
Keller Williams Realty Boston-Metro | Back Bay
| |
|
07/21/2005
|
1 Bed
|
1 Bath
|
646 ft²
|
$319,000
1 Bed
1 Bath
646 ft²
|
$350,000
+9.72%
12/23/2005
|
Stephen Chase
Keller Williams Realty Boston-Metro | Back Bay
| |
|
04/20/2004
|
1 Bed
|
1 Bath
|
646 ft²
|
$307,000
1 Bed
1 Bath
646 ft²
|
$313,000
+1.95%
06/30/2004
|
Linda Mastandrea
The Charles Realty
| |
|
04/09/2001
|
2 Bed
|
1 Bath
|
789 ft²
|
$349,900
2 Bed
1 Bath
789 ft²
|
$349,900
08/31/2001
|
Linda Mastandrea
The Charles Realty
|
Building Info
About Fenway - Kenmore - Audubon Circle - Longwood
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