The Starboard - Rare Opportunity to Purchase 2 Fully Leased Luxury Condominiums in the Charlestown Navy Yard. The Starboard was built in 2015 in one of Boston's most desirable neighborhoods. Two (2) condominium units within a 54 Unit building, with rental upside on turnover....
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Last Checked: May 7th, 2024 at 1:36am (Source: MLS PIN #73074004)
Gross Income: $74,400
Gross Expenses: $12,481
Net Income Calc: $61,919
CAP Rate: 4.59%
Annual Expenses for 45 1st Ave, Boston MA 02129
Total Gross Expenses (Calculated)$12,481/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$12,481.54
Annual Income & Unit Breakdown for 45 1st Ave, Boston MA 02129
Total Gross Income (Calculated)$74,400
Unit 1
Rental Income$3,100
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$3,100
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 45 1st Ave, Boston MA 02129
Listing ID73074004
Property TypeMulti Family
Price$1,350,000 ($811.3/SqFt)
StyleMulti Family
CityBoston
CountySuffolk
MLS AreaCharlestown's Navy Yard
Neighborhood(s)
Approximate Living Area Total1,664 SqFt
Approximate Lot Size (Acres)0.35 acres
Total Parking0
Garage Parking
Year Built2015
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 45 1st Ave, Boston MA 02129
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure+/-
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$74,400
Total Net Income By Broker$72,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 45 1st Ave, Boston MA 02129
Real Estate Taxes$12,481.54
Tax Year2022
Assessed Value$1,147,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$74,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$72,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.59%
Location Information for 45 1st Ave, Boston MA 02129
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaCharlestown's Navy Yard
Area AmenitiesWalk/jog Trails, Highway Access, Shopping, Park, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s)
Contact Information for 45 1st Ave, Boston MA 02129