42 Eighth Street #5314 Boston — Photo 1 of 24
Recent Drop: $19,100
$699,900
Investment Analysis — 42 Eighth Street #5314
Boston, MA 02129 — Charlestown
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02129 carries an estimated $4,020/mo in gross rent — about a 2.56% cap rate and $17,951/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
932
Style
Condominium
Built
1899
Welcome to Residence 5314 at Parris Landing! 42 Eighth Street, a beautifully updated 2 bedroom, 2 bathroom home in the desirable Charlestown Navy Yard. This spacious residence features an updated kitchen, open living and dining areas, central air conditioning and abundant storage. Rarely available, the home includes 2 PARKING spaces (1 garage and 1 valet) plus 2 deeded storage units. Enjoy premier, resort-style amenities including a swimming pool, fitness center, outdoor gas grilling area, club room, conference room, and concierge services. Ideally located along Boston Harbor, residents have easy access to the Harborwalk, marina, water shuttle, parks, restaurants, and downtown Boston. Combining waterfront living with exceptional convenience and amenities, this home offers a unique opportunity in one of Boston’s most sought-after waterfront communities.
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 MLS and other third-party data may be inaccurate or out of date.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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Interior Specifications
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Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility
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Property History
$699,900
Was $719,000
Aug 11, 2026
MLS® 73537417
$719,000
Jun 17, 2026
MLS® 73537417
Listing Agent: Frank Celeste
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73537417
