55 Commonwealth Ave

Back Bay, Boston, MA · 107 days on market · View on Zillow

55 Commonwealth Ave

$38M somewhere else buys…

5 bedrooms · 7 baths · 10,803 sqft · 3,237 sqft lot

Built 1875 · 2 Attached Garage spaces · $3518/sqft (city median $680)

Presenting 55 Commonwealth Avenue, a rare opportunity to acquire one of Back Bay's finest turnkey single-family homes, an address that rarely, if ever, comes to market. Spanning nearly 11,000 SF on the sunny side, this exceptional home offers a combination of scale, natural light, and turnkey living.

What this place offers

  • Heating: Forced Air
  • Cooling: Central Air
  • 2 Attached Garage spaces
  • Garage

The numbers

$247K/yr

Property tax (actual rate)

$137K/yr

Insurance (quoted)

Price history

2001$5,770,000
2012$6,500
2013$14,000,000
2026 (asking)$38,000,000

Up 559% since 2001

$38,000,000

Down payment20% · $7,600,000
%
Mortgage (principal + interest)$190,154
Property tax$20,583
Home insurance$11,400
All-in monthly$222,137/mo

You'd need about $9,520,163/yr in household income (28% rule) plus $7,600,000 in cash.

Would rent for ~$3,722/mo · 0.1% gross yield

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