551 Bennington St Boston — Photo 1 of 22
Recent Drop: $25,000
$865,000
Investment Analysis — 551 Bennington St
Boston, MA 02128 — East Boston
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02128 carries an estimated $3,630/mo in gross rent — about a 2.93% cap rate and $25,386/yr in estimated NOI at the $865,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
1,850
Style
Single Family
Built
1890
Excellent Location & Incredible Potential! Property will be delivered Fully Furnished! Don't miss this beautifully remodeled and meticulously maintained home in the heart of East Boston. High ceilings, hardwood floors and an abundance of natural light, the property boasts spacious bedrooms with expansive closets. 2 full and 1 half baths, and private balconies on both levels. The massive basement offers high ceilings, windows, and a walk-out door leading to a large garden. Perfectly situated just blocks from the blue line and Constitution Beach. Move-in ready and a must-see! Can be changed into a large multifamily as the lot runs deep.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,850 sq ft principal dwelling). Lot size: 2,612 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Park
Geography
Property History
$865,000
Was $890,000
Jul 27, 2026
MLS® 73542404
$890,000
Jun 22, 2026
MLS® 73542404
Listing Agent: Kevin Alen
Listing Office: Cameron Prestige, LLC
MLS® Number: 73542404
