Off-Market Condo at 1933 Commonwealth Ave, Brighton, MA 02135
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1933 Commonwealth Ave, Brighton, MA 02135

Unit - #102

$570,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $175 per day and long-term for an average of $2,559 per month, based on similar listings in the area. Estimated short-term cap rate of 0.9%. Estimated long-term cap rate of -1.2%. Claridge House. Totally remodeled 1 Bedroom. Front facing, bright unit. New kitchen with stainless steel appliances and new bathroom. Beautiful shinny hardwood floors throughout the unit. Recently remodeled full bath with upgraded cabinets, new tile in the shower. Bedroom has plenty of closet space. Entire unit has recently been painted. Building amenities include; expansive roof deck looking to Chestnut Hill Reservoir, Exercise room, Sauna, club room with full kitchen and a Common laundry room. HOA fee includes heat, A/C and water. The unit comes with an extra storage space and a deeded garage parking space. The Claridge House is a clean, professionally managed building. Taxes are only $1,219/year with the residential exemption. Public Open house Saturday 3/29 and Sunday 3/30 from 1:30pm-3:30pm. Offers will be presented at the offer deadline, Monday 3/31 at 3 pm. The seller reserves the right to take offers beforehand.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1219
Bedrooms
1
Bathrooms
1
SQFT
675
Furnished
N/A
Year built
1988
Listing Status
Off Market
MLS
73349247

Short-term Rental Potential
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$42,576

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$844

Price/SQFT

Long-term Rental Potential
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$30,708

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,559/mo

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