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$782,000
● Multifamily - Off Market

396 Beech

Boston, MA
bedrooms
9 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,242 Ft²
$1,293,191
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Attention Contractors and Investors!!  This over-sized three family is a diamond in the rough.  There is so much potential for a restoration. Great for condo conversion or multi-family income property.  Two car garage, large full basement with half bath, three enclosed porches, hardwood floors.  The possibilities are endless.  This house is being sold "AS IS" Schedule a showing today.
Unit Size
4,242 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$200
Property Type
Multifamily
Property Taxes
$528
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 years ago (MLSPIN #72401839)

Price History

Date / Event Date Event Price
Dec 20, 2018 Sold
Premium
Sold
Sep 27, 2018 Listed by Keller Williams Realty $850,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Oil Water Heater, Gas Water Heater
Flooring Type: Tile, Hardwood
Rooms: 19
Basement: Full, Concrete
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame, Stone
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Zoning: RES
Parcel Number: 1392397
Water Source: Public
Financial Details
Tax Assessed Value: $604,600
Tax Annual Amount: $6,336
Utilities Details
Heating Type: Unit 1(Oil), Unit 2(Oil), Unit 3(Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72401839
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