Advance Search
Clear All Close
Advanced Search
Clear All Close
Edit Assumptions:

Enter your expense and sales assumptions, and click apply to see impact on overall performance.

INCOME
Expected Rent $0
EXPENSES
Operating Expenses $0
Net Operating Income $0
Total Unlevered Cash Flow $0
Total Net Cash Flow $

Listing Price

$375,000
  • 1
  • 1
  • 385 Sq. Ft.
  • $ 974/per Sq. Ft.

11 Bell Ct, Boston MA 02127

Neighborhood: South Boston

Listing Price

$375,000
  • 1
  • 1
  • 385 Sq. Ft.
  • $ 974/per Sq. Ft.
Neighborhood Growth Rates

Property Description

Stop renting and start owning! This 1 bed, 1 bath condo is a smart investment and waiting for you to call it home! This small but mighty home features hardwoods throughout and an open concept kitchen with stainless steel appliances. The queen sized bedroom has ship-lap accent wall, generous closet space, and has access to the private rear deck. Recently updated bathroom, free laundry in the basement & brand new hot water tank. This is your chance to own in a very exciting area of Southie, slated for complete redevelopment, including Tatte flagship location, Washington Village and multiple condo and green space projects. Close to public transportation and easy highway access.

Property Information:

  • 0
  • No parking inculded
  • $3,067
  • 72743163

Condominium Information:

Market Information:

  • Listing Date 10/14/2020
  • Days on the Market 46 Days
  • Status Active
  • Listing Brokerage N/A
  • Listing Agent N/A
Market statistics for 02127
Year 1Year 3Year 5
Rent
  • The amount the property is estimated it can be rented for, per month.
$26,304 ($2,192/mo)$28,743 ($2,395/mo)$30,494 ($2,541/mo)
Vacancy Loss
  • The percentage of a year the property remains vacant and is not collecting rent.
  • For example, if the property is vacant in between tenants.
  • Default assumption is 5% (which is about 18 days).
$1,315$1,437$1,525
Property Taxes
  • Tax on the property, based on the assessed value by the city.
  • Property tax amount disclosed is typically for the previous year, as stated by the property’s listing agent.
$3,067$3,255$3,386
Property Management
  • The cost of a third-party that is hired to manage the property.
  • The cost can either be a percentage of rent or a fixed amount.
  • The default is that there is no property manager hired.
$0$0$0
Leasing Fees
  • Fees paid by the landlord to brokers to rent the property.
  • Default is that the tenant pays the broker fees, not the landlord.
$0$0$0
Condo Fees
  • Fee paid by all owners of a condominium complex to cover condominium maintenance expenses.
  • A list of what is included in the condo fee is listed under the Condominium Information tab.
  • Condo fee amount disclosed is stated by the property’s listing agent and is subject to change.
$1,200$1,273$1,325
Insurance
  • Homeowners insurance for your property.
  • Occasionally, insurance is included in the condo fees.
$0$0$0
Repair & Maintenance (Reserves)
  • The cost incurred on routine work done to maintain the property’s current conditions.
  • For example, general repairs such as replacing light bulbs, painting touchups, landscape, changing locks, professional cleaning.
  • Repairs and Maintenance are to maintain the current value, not to improve it.
  • Kitchen or bathroom renovations do not fall under Repairs and Maintenance, but are considered Capital Expenditures, since they improve the property’s value.
$0$0$0
Net Operating Income
  • Net Operating Income (NOI) is a metric used to calculate the operating cash flow of a property, without taking any loans or major capital improvements into consideration.
  • Think of it simply as rental revenue minus expenses.
  • For the purposes of this calculation, NOI is calculated by Estimated Rent minus Condo Fees and Taxes.
  • A more detailed version of NOI can be calculated in the Advanced Assumptions tab, and viewed in the financials tab
$20,722 ($1,727/mo)$22,778 ($1,898/mo)$24,258 ($2,021 / mo)
Capital Expenditure
  • The cost incurred for work done to improve or upgrade the property.
  • Capital expenditures increase the value of the property.
  • For example, new appliances, kitchen or bathroom renovations, new roof, new flooring.
$0$0$0
Total Unlevered Cash Flow
  • This is the first year net cash flow, representing the estimated rental revenue, minus tax, operating expenses and loan payments based on lending assumptions.
  • Click “View Detailed Analysis” for a further breakdown on assumptions.
$20,722$22,778$24,258
Loan Payment
  • The amount in cash that is paid initially when purchasing a property, specifically with a loan.
  • The down payment amount is used to calculate your initial investment and projected returns.
$0$0$0
Total Net Cash Flow
  • This is the first year net cash flow, representing the estimated rental revenue, minus tax, operating expenses and loan payments based on lending assumptions.
  • Click “View Detailed Analysis” for a further breakdown on assumptions.
$20,722 ($1,727/mo)$22,778 ($1,898/mo)$24,258 ($2,021/mo)
Sale of Property
Sale Price
  • The price at which you project selling the property for.
---
Sales Cost
  • Brokerage commission the seller must pay for upon sale.
---
Net Sales Proceed
  • Sales Price minus Sales Costs.
---
Total Profit (including Net Cash Flows)
  • Net Sales Proceeds minus purchase price plus all of the total net cash flows until sale.
---
Investment Metrics
Cap Rate
  • Estimated rate of return for the property, excluding loan costs.
  • Based on year 1 estimate.
  • Cap rate=Net Operating Income/Purchase price
---
Cash On Cash
  • Estimated rate of return for just the cash that invested into the property.
  • It is the net cash flow (rental revenue minus operating expenses and loan expenses) divided by how much cash is invested in the property (the down payment).
---
Total Return On Investment(ROI)
  • A rate of return, comparing the total profit from the rent and sale of the property, to the total cash invested
  • ROI= Total Net Cash Flow + (Property Sale Price – Sales Costs) – Down payment/Down payment
---
Internal Rate Of Return(IRR)
  • An average annualized rate of return on your total invested cash, sometimes also called annualized ROI.
  • Like ROI, it takes into account the property’s cash flow, property value appreciation upon sale, and paying down the loan balance. However, it is the average rate of return over the course of your hold
---
Rent$26,304 ($2,192/mo)
Vacancy Loss$1,315
Property Taxes$3,067
Property Management$0
Leasing Fees$0
Condo Fees$1,200
Insurance$0
Repair & Maintenance (Reserves)$0
Net Operating Income$20,722 ($1,727/mo)
Capital Expenditure$0
Total Unlevered Cash Flow$20,722
Loan Payment$0
Total Net Cash Flow$20,722 ($1,727/mo)
Sale of Property
Sale Price-
Sales Cost-
Net Sales Proceed-
Total Profit (including Net Cash Flows)-
Investment Metrics
Cap Rate-
Cash On Cash-
Total Return On Investment(ROI)-
Internal Rate Of Return(IRR)-
Rent$28,743 ($2,395/mo)
Vacancy Loss$1,437
Property Taxes$3,255
Property Management$0
Leasing Fees$0
Condo Fees$1,273
Insurance$0
Repair & Maintenance (Reserves)$0
Net Operating Income$22,778 ($1,898/mo)
Capital Expenditure$0
Total Unlevered Cash Flow$22,778
Loan Payment$0
Total Net Cash Flow$22,778 ($1,898/mo)
Sale of Property
Sale Price-
Sales Cost-
Net Sales Proceed-
Total Profit (including Net Cash Flows)-
Investment Metrics
Cap Rate-
Cash On Cash-
Total Return On Investment(ROI)-
Internal Rate Of Return(IRR)-
Rent$30,494 ($2,541/mo)
Vacancy Loss$1,525
Property Taxes$3,386
Property Management$0
Leasing Fees$0
Condo Fees$1,325
Insurance$0
Repair & Maintenance (Reserves)$0
Net Operating Income$24,258 ($2,021/mo)
Capital Expenditure$0
Total Unlevered Cash Flow$24,258
Loan Payment$0
Total Net Cash Flow$24,258 ($2,021/mo)
Sale of Property
Sale Price-
Sales Cost-
Net Sales Proceed-
Total Profit (including Net Cash Flows)-
Investment Metrics
Cap Rate-
Cash On Cash-
Total Return On Investment(ROI)-
Internal Rate Of Return(IRR)-

Below are similar properties that have sold in the area approximately.

Property Type
Historic growth
$100 to $10,000
Average Rent
$100 to $10,000
Square Feet
100 sqft to 50,000 sqft
Parking

Below are similar properties that were rented in the are.

Property Status
Parking