Great investment opportunity at The Hillcrest, this four-story brick building offers a substantial almost 14,000 square feet of living space on a 0.32-acre lot. The property comprises 16 residential units, providing 15 two-bedroom units and 1 one-bedroom unit and 16 parking ...
This home has been viewed 46 times
Last Checked: April 5th, 2025 at 8:33am (Source: MLS PIN #73344869)
Gross Income: $88,500
Gross Expenses: $54,087
Net Income Calc: $34,413
CAP Rate: 0.57%
Annual Expenses for 237 Cummins Hwy, Boston MA 02131
Total Gross Expenses (Calculated)$54,087/year
APOD AvailableYes
Heating
Electricity$3,327
Water$16,656
Gas$16,656
Insurance
Sewer$16,656
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$30,406
Annual Income & Unit Breakdown for 237 Cummins Hwy, Boston MA 02131
Total Gross Income (Calculated)$88,500
Unit 1
Rental Income$1,925
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water, Unit 4(water
Unit 2
Rental Income$1,600
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water, Unit 4(water
Unit 3
Rental Income$1,975
Lease
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water, Unit 4(water
Unit 4
Rental Income$1,875
Lease
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 1(water, Unit 2(water, Unit 3(water, Unit 4(water
General Information for 237 Cummins Hwy, Boston MA 02131
Listing ID73344869
Property TypeMulti Family / 5+ Family
Price$5,999,999 ($434.78/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaRoslindale
Neighborhood(s)
Approximate Living Area Total13,800 SqFt
Approximate Lot Size (Acres)0.32 acres
Total Parking16
Garage Parking
Year Built1970
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningA
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 237 Cummins Hwy, Boston MA 02131
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$54,087
Total Gross Income By Broker$368,688
Total Net Income By Broker$314,601
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 237 Cummins Hwy, Boston MA 02131
Real Estate Taxes$30,406
Tax Year2025
Assessed Value$2,600,800
Financial Data SourceOwner
Total Gross Expenses By Broker$54,087
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$368,688
BostonRealEstate.com Gross Income
Total Net Income By Broker$314,601
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.57%
Location Information for 237 Cummins Hwy, Boston MA 02131
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaRoslindale
Area AmenitiesWalk/jog Trails, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, T-station, Private School
Contact Information for 237 Cummins Hwy, Boston MA 02131