
405 Commonwealth Ave #2B Boston — Photo 1 of 24
$767,500
Investment Analysis — 405 Commonwealth Ave #2B
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 1.78% cap rate and $13,635/yr in estimated NOI at the $767,500 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
750
Style
Condominium
Built
1890
Rarely Available Back Bay One-Bedroom with Private Patio ideally located on tree-lined Commonwealth Avenue, this beautifully renovated approximately 750 SF one-bedroom condominium offers an exceptional combination of Back Bay location, generous living space, and approximately 180 SF of private outdoor space. Not Below Grade!! Set on the first floor of an elegant 1890 brick mansion, the residence features two private entrances, including access from Commonwealth Avenue and Marlborough Street.The open living and dining area features high ceilings, oversized bow windows, hardwood floors, recessed lighting, and a decorative fireplace with mantel. The renovated kitchen offers granite countertops, ample cabinetry, a sunny window, and full appliances. The renovated tile-and-stone bath features a glass-enclosed walk-in shower. The spacious bedroom offers generous closet space, and an in-unit combination washer/dryer adds convenience.A true highlight is the approximately 180 SF private, gated, brick-paved patio, accessed through the separate Marlborough Street entrance—exceptional outdoor amenity rarely found in Back Bay.The professionally managed 10-unit building offers low monthly condominium fees and common laundry. The Commonwealth Avenue Mall is at your doorstep, with Newbury Street one block away and the Charles River Esplanade approximately 0.3 miles away. Hynes Convention Center and Kenmore Green Line stations are approximately 0.3 and 0.5 miles away. Rental parking is available nearby.
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: Robb Cohen Team
Listing Office: Engel & Volkers Boston
MLS® Number: 73575707

