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405 Commonwealth Ave #8 Boston — Photo 1 of 27

405 Commonwealth Ave #8 Boston — Photo 1 of 27

$769,000

Investment Analysis — 405 Commonwealth Ave #8

Boston, MA 02215 — Back Bay

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02215 carries an estimated $3,220/mo in gross rent — about a 1.73% cap rate and $13,297/yr in estimated NOI at the $769,000 list price. Adjust every assumption in the calculator below.

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Beds

1

Baths

1

SqFt

697

Style

Condominium

Built

1890

Welcome to this historic and elegant property which has stood since 1890. This unit has had the same ownership for four decades, and is now ready for new its new owners. It is a one-bedroom, one-bath residence on the second floor of a lovely building. With 697 square feet, three rooms, hardwood floors, and a working fireplace recently cleaned and inspected, it's a warm and cozy environment. The kitchen was renovated in 2019, and the electrical service brought up to 100 amps. All the appliances will remain, including the in-unit washer and ventless dryer, for added convenience and ease of living. The care and attention to detail continues: new Andersen windows in the bedroom and bath, the living room windows were stripped and rebuilt rather than torn out, the radiators pulled, sandblasted, and powder-coated, which is a restoration most buildings of this vintage never receive. Begin your day by stepping out on the Commonwealth Avenue Mall, in close proximity to countless shops, restaurants, Fenway Park and more. Experience the idyllic Back Bay lifestyle at an address you’ll be proud to call home.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$769,000
Annual Taxes$8,958
HOA Fee$592.64

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms3
Fireplaces1
FlooringWood
BasementN

Climate & Utilities

HeatingSteam
CoolingOther
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningCD

Property & Lot

Acres0.01
SqFt Lot697
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Conservation Area • Highway Access

Geography

Listing Provided By

Listing Agent: Tyler Smith

Listing Office: Real Broker MA, LLC

MLS® Number: 73577173