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88 Maverick Street, Boston MA 02128

$1,099,000

Estimated $2,236.94/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $274,750

Total Rent: 151200/year

Estimated CAP Rate: 13.26%

7 Bedrooms

7 Full, 1 Half Baths

2,639 SqFt

Total Parking: 0

1,000 SqFt

INVESTORS, BUILDERS AND DEVELOPERS: Ready to build 4-Family renovation with permits in hand! Condo conversion or build your own trophy investment near the waterfront of East Boston's highly desirable Jeffries Point. Fully optimized to build three 2 Bed / 2 Bath & one 1 Bed + office / 1.5 Bath. Located directly across from Lombardi Park, and near LoPresti Park, ReelHouse, MIDA, overlooking Downtown Boston. Close proximity to Ferry terminal for easy access to Charlestown, North End and Seaport. This is the straightforward project you've been looking for, start construction immediately upon closing! Gain building height to provide Boston city views from the top 1-2 levels. Plans and sell out available upon request. To be delivered vacant, sold as is.

This home has been viewed 261 times

Last Checked: October 7th, 2024 at 6:49pm (Source: MLS PIN #73258726)

Gross Income: $151,200

Gross Expenses: $5,459

Net Income Calc: $145,741

CAP Rate: 13.26%

Beach Front

Beach Access

Annual Expenses for 88 Maverick Street, Boston MA 02128

Total Gross Expenses (Calculated)$5,459/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,459

Annual Income & Unit Breakdown for 88 Maverick Street, Boston MA 02128

Total Gross Income (Calculated)$151,200

Unit 1

Rental Income$3,000

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$3,000

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 3

Rental Income$3,200

LeaseN

Bedrooms1

Bathrooms1 Full, 1 Half

Floor3

Levels in Unit2

HeatingNo

Rent IncludesNo

Unit 4

Rental Income$3,400

LeaseN

Bedrooms2

Bathrooms2 Full

Floor4

Levels in Unit2

HeatingNo

Rent IncludesNo

General Information for 88 Maverick Street, Boston MA 02128

Listing ID73258726

Property TypeMulti Family / 4 Family

Price$1,099,000 ($416.45/SqFt)

Style4 Family

CityBoston

CountySuffolk

MLS AreaEast Boston's Jeffries Point

Neighborhood(s)

Approximate Living Area Total2,639 SqFt

Approximate Lot Size (Acres)0.02 acres

Total Parking0

Garage Parking

Year Built2024

Year Built SourceOwner

Year Renovated

Year Built DetailsTo Be Built

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningRES

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesBay, Harbor, Ocean, Beach Front, Beach Ownership(public), 0 To 1/10 Mile To Beach, Beach Access

Energy Features

Terms

Disclosures for 88 Maverick Street, Boston MA 02128

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$151,200

Total Net Income By Broker$151,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1%%

Facilitator Compensation0%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 88 Maverick Street, Boston MA 02128

Real Estate Taxes$5,459

Tax Year2024

Assessed Value$500,800

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$151,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$151,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)13.26%

Location Information for 88 Maverick Street, Boston MA 02128

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Boston's Jeffries Point

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Marina, Private School

Contact Information for 88 Maverick Street, Boston MA 02128

Agent

Name: Nico Longo

Office

Name: Century 21 Cityside

Phone: 617-262-2600

Team Members

Payment Calculator

, Interest

Property Taxes 454.92

Principal & Interest 6771.69

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Cityside

Nico Longo

Agent Phone

Office Phone

(617) 262-2600

Text Agent Call Agent Call Office

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[last_sync_date] => 2024-10-07 18:49:25
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[lead_paint] => Array
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[lease_term] => 
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[owner_occupancy_source] => 
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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            [0] => 88 Maverick Street, Boston MA 02128
        )

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[water_views_features] => Array
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    [zip] => 02128
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EXIT

Withdrawn

88 Maverick Street, Boston MA 02128

$1,099,000

Annual Expenses for 88 Maverick Street, Boston MA 02128

Annual Income & Unit Breakdown for 88 Maverick Street, Boston MA 02128

General Information for 88 Maverick Street, Boston MA 02128

Disclosures for 88 Maverick Street, Boston MA 02128

Financial Information for 88 Maverick Street, Boston MA 02128

Location Information for 88 Maverick Street, Boston MA 02128

Contact Information for 88 Maverick Street, Boston MA 02128

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Century 21 Cityside

Nico Longo