1081 River St Hyde Park, MA 02136
Hyde Park NeighborhoodEstimated payment $8,678/month
Highlights
- 0.33 Acre Lot
- Wooded Lot
- Shops
- Property is near public transit
- No HOA
About This Lot
1081 River St offers a BPDA and ZBA approved project for the construction of a four (4) story residential building featuring 28 rental units with 15 onsite parkingspaces. The development spans approximately 27,584 square feet of gross floor area and includes 9 studios, 3 one-bedroom units, 13 two-bedroom units, and 3three-bedroom units. Estimated gross rental income is over $1M/year. 1081 River Street is in a prominent urban infill location with excellent MBTA access, includingbus lines and good proximity to commuter rail stations. Build a generational rental asset to hold long term, stabilize, and sell as a MF asset or potentially pivot to acondo scenario. Endless opportunities await this unique development opportunity.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,361
Lot Details
- 14,363 Sq Ft Lot
- Sloped Lot
- Wooded Lot
- Property is zoned R2
Additional Features
- Property is near public transit
- Electricity To Lot Line
Community Details
- No Home Owners Association
- Shops
Listing and Financial Details
- Assessor Parcel Number 1339031
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,361 | $808,400 | $327,000 | $481,400 |
| 2024 | $7,843 | $719,500 | $340,700 | $378,800 |
| 2023 | $6,902 | $642,600 | $304,300 | $338,300 |
| 2022 | $6,470 | $594,700 | $281,600 | $313,100 |
| 2021 | $6,221 | $583,000 | $276,100 | $306,900 |
| 2020 | $5,902 | $558,900 | $269,900 | $289,000 |
| 2019 | $5,776 | $548,000 | $200,900 | $347,100 |
| 2018 | $5,219 | $498,000 | $200,900 | $297,100 |
| 2017 | $5,023 | $474,300 | $200,900 | $273,400 |
| 2016 | $4,577 | $416,100 | $200,900 | $215,200 |
| 2015 | $4,852 | $400,700 | $145,500 | $255,200 |
| 2014 | $4,460 | $354,500 | $145,500 | $209,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $1,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $740,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $221,000 | -- | |
| Foreclosure Deed | $221,000 | -- | |
| Foreclosure Deed | $221,000 | -- | |
| Deed | $499,900 | -- | |
| Deed | $165,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $592,000 | Purchase Money Mortgage | |
| Previous Owner | $262,000 | No Value Available | |
| Previous Owner | $185,000 | Purchase Money Mortgage | |
| Previous Owner | $399,920 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73508690
APN: HYDE-000000-000018-008824
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