700 Commonwealth Ave
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | Listed by Compass | $2,795,000 | |
| Listed by Compass | |||
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Welcome to 700 Commonwealth Avenue, an extensively renovated slate and shingle style home that perfectly blends modern design with timeless elegance. This home is filled with natural light, creating an airy, inviting vibe, and boasts an open layout that flows effortlessly from the sleek kitchen and family room to a brand-new mahogany deck and patio out to the lush, private yard—perfect for outdoor dining, playtime, and weekend gatherings. Upstairs, the primary suite is your private retreat, complete with a cozy fireplace and stylish details throughout. Two additional beds and shared bath. A third floor suite with home office, guest room, and full bath. Lower level family room, home gym, and large flex room. Located just minutes from Mason Rice elementary, Newton Centre's shops, dining, parks, and the T, this house offers the perfect blend of suburban tranquility and city convenience
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| Dec 3, 2020 | Sold | ||
| Sold | |||
| Sep 17, 2020 | Listed by Compass | $2,450,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017