293-295 Commonwealth Avenue #1A Boston — Photo 1 of 35
$500,000
Investment Analysis — 293-295 Commonwealth Avenue #1A
Boston, MA 02115
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02115 carries an estimated $2,670/mo in gross rent — about a 3.32% cap rate and $16,617/yr in estimated NOI at the $500,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
1
SqFt
362
Style
Condominium
Built
1899
Front-facing studio on the sunny side of iconic Commonwealth Avenue, featuring high ceilings and very large bay windows overlooking the Commonwealth Avenue Mall and trees. A recessed area provides space to partially tuck away a bed while preserving more of the main living area. A brick accent wall and original oversized fireplace mantel with ornate wood detailing add architectural character. The kitchen includes a four-burner gas stove, refrigerator/freezer, room for a table and a ceiling fan with light. Two closets provide excellent storage, including one that could serve as a pantry and another deep closet. Full tiled bathroom with tub. Easy access from the building lobby without any stairs. Ideally situated in a prime Back Bay location just off Gloucester Street.
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Jayne Kramer
Listing Office: Engel & Volkers Boston
MLS® Number: 73576543