475 Beacon St Boston — Photo 1 of 11
$7,950,000
Investment Analysis — 475 Beacon St
Boston, MA 02115 — Back Bay
Based on rent reported on the MLS listing, a 9-unit multi-family in 02115 carries $13,550/mo in gross rent — about a 1.07% cap rate and $84,980/yr in estimated NOI at the $7,950,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
9.5
SqFt
7,924
Style
3 Family - 3 Units Side by Side
Built
1888
Prestigious Back Bay multi-unit brownstone on historic Beacon Street. This building is currently nine condominium units and is operated as a multi-family apartment building. There are 8 studios and 1 two bedroom unit. All of the condos and parking are rented and the taxes are a total of the nine individual condo units. Every units has a fireplace. Many have hardwood floors and bow windows. An investor could continue to operate the property as rentals. A buyer could also choose to sell the condos individually. A developer may want to create three or four luxury units. Close to the Harvard Club, MIT, the Hotel Eliot, public transportation, excellent restaurants and Newbury Street shopping.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Listing Agent: Joseph Palermino
Listing Office: Cabot & Company
MLS® Number: 73575780
