589 Saratoga St Boston — Photo 1 of 42
Recent Drop: $50,000
$899,900
Investment Analysis — 589 Saratoga St
Boston, MA 02128 — East Boston
Based on rent reported on the MLS listing, a 2-unit multi-family in 02128 carries $8,166/mo in gross rent — about a 7.40% cap rate and $66,608/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,025
Style
2 Family - 2 Units Up/Down
Built
1910
Exceptional investment opportunity in the heart of East Boston, offering an estimated 9.97% cap rate based on actual 2024 Airbnb income and estimated operating expenses! This well-kept property is successfully operating as a licensed SHORT-TERM (AIRBNB) rental, offering outstanding income potential. The seller reports STRONG seasonal revenue during it's peak season & an excellent occupancy rate! Upgrades in both units feature 2025 MINI SPLIT SYSTEM, granite countertops, stainless steel appliances, & modern finishes, while the exterior is finished with durable, low-maintenance HardiePlank siding. AS A BONUS the partially finished basement offers flexible space for a home office, gym, or storage. Located approximately < 2 miles from Logan International Airport with easy access to public transportation (Orient Heights & Suffolk Downs), restaurants, shopping, & major commuter routes, RT 1A, I-93, and more! This is a perfect investment opportunity complete with gas heating and gas hot water, and separate electrical utilities. Don't miss this rare investment opportunity in East Boston!
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator • Dishwasher
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access
Geography
Property History
$899,900
Was $949,900
Aug 31, 2026
MLS® 73545445
$949,900
Jul 6, 2026
MLS® 73545445
Listing Agent: Zambrano Properties & Associates
Listing Office: RE/MAX 360
MLS® Number: 73545445
