
29 Elm St #3 Brookline — Photo 1 of 21
$1,799,000
Investment Analysis — 29 Elm St #3
Brookline, MA 02445 — Brookline Village
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02445 carries an estimated $4,750/mo in gross rent — about a 1.02% cap rate and $18,379/yr in estimated NOI at the $1,799,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,942
Style
Condominium
Built
1900
Tucked away on a tree-lined dead-end block in coveted Brookline Village, this exquisite penthouse duplex was gut renovated inside and out in 2018 and offers a seamless balance of modern luxury and historic elegance. With two levels of luminous living space, two exclusive-use outdoor decks and on-site parking, this beautiful home is a perfect single-family alternative. The expansive open-plan living space features soaring cathedral ceilings, oversized Pella windows, triple exposures, and direct access to a covered treetop deck perfect for alfresco dining or entertaining. A massive quartz island, high-end Miele appliances, custom cabinetry, and a built-in pantry distinguish the chef's kitchen, which flows effortlessly into a sunlit living and dining area anchored by custom built-in bookcases and an inviting gas fireplace. The main level also offers three spacious bedrooms, including a serene ensuite with an enviable walk-in closet leading to a luxurious Carrara marble bath with heated floors. A second elegant marble bath, in-unit laundry, and another beautiful deck / porch complete this level. Upstairs, enjoy a bright family room with skylights, office space, a versatile bonus play or exercise area, and an enchanting children's "clubhouse" or extra storage space in the eaves. Thoughtful smart-home features include Lutron smart lighting, motorized shades in the living room, and Nest thermostats. The comprehensive 2018 whole-building remodel fully modernized the building’s infrastructure, encompassing everything from plumbing, electrical and HVAC systems to a new roof, rebuilt porches, an updated foundation, and a whole-building fire sprinkler system with continuous alarm monitoring. The home includes one deeded on-site parking space, an exclusive-use heated and insulated basement storage room, and two additional parking spaces shared by the three units within the association. Ideally located in the heart of Brookline Village, just a block from Emerson Garden and Cypress Street Playground, and in close proximity to multiple Green Line stops, Pierce School, Brookline High School, Longwood Medical Area, and Brookline Village shops and restaurants. The pet-friendly association is fully owner-occupied. With a Walk Score of 93/100, this property offers the best of Brookline and Boston at your doorstep. Not to be missed!
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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Third29 x 17.5
Cathedral Ceiling(s), Flooring - Wood, Open Floorplan, Recessed Lighting, Lighting - Pendant
Dining Room
Lvl Third29.5 x 20
Flooring - Wood, Balcony / Deck, Exterior Access, Open Floorplan, Recessed Lighting
Kitchen
Lvl Third29.5 x 20
Closet/Cabinets - Custom Built, Flooring - Wood, Balcony / Deck, Pantry, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Office
Lvl Fourth Floor15.5 x 11
Flooring - Wood
Family Room
Lvl Fourth Floor12 x 16
Skylight, Flooring - Wood, Recessed Lighting
Primary Bedroom
Lvl Third10.5 x 15.5
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Recessed Lighting
Bedroom 2
Lvl Third11 x 15.5
Bedroom 3
Lvl Third11 x 8.5
Closet/Cabinets - Custom Built, Flooring - Wood, Recessed Lighting
Bathroom 1
Lvl Third12 x 6.5
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Third11 x 5.5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Elisabeth Preis
Listing Office: Compass
MLS® Number: 73584203
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