NOT LISTED FOR SALE

116 Homestead St Dorchester, MA 02121

Washington Park Neighborhood
20 Beds
13 Baths
14,688 Sq Ft
0.38 Acres

Last Sold April 06, 2015

Last sale price $2,100,000 $143 Per Sq Ft

109 Days on Market

About This Home

As of April 2015

A substantial property of the size and kind rarely available in Boston. Solid, brick, exceptionally maintained, in need of no capital improvements, and with the prospect of instant cash-flow growth. Current Gross rent $198,192 with NOI at $161,393 yields a 7.3% cap rate but this could easily be increased to 8.9% with modest rent increases to market rates (See listing attachment for all financials). Located in desirable Elm Hill, this Brookline-style, rock-solid apartment building featuring old-world craftsmanship with its brick exterior, marble staircases, and mahogany trim-work. has been fixed up from stem to stern with new systems, roof, and more making it truly turn-key. New heating & hot water, rubber roof, repointed brick exterior, replacement windows, new fire alarm control, pressure-treated decks, updated unit interiors & more. 1st showings of unit #5, basement, and systems only. Subsequent showing of all units contingent on satisfactory offer being presented.

Last Agent to Sell the Property

Justin Green

In Realty Listed on: 11/18/2014

Last Buyer's Agent

Bobby Woofter

Terratt, LLC

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 21
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, Individually Metered
  • Energy: Insulated Windows
  • Flooring: Tile, Marble, Hardwood
  • Basement: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor

Exterior Features

  • Roof: Rubber
  • Frontage: 125.00
  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Features: Deck, Gutters, Fenced Yard
  • Foundation: Brick, Granite

Garage/Parking

  • Garage Spaces: 3
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Schools

  • Elementary School: Boston Public
  • Middle School: Boston Public
  • High School: Boston Public

Lot Info

  • Assessor Parcel Number: W:12 P:02249 S:000

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2015 04/06/15 Sold $2,100,000 -4.5% $143 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $2,200,000 -- $150 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Justin Green

    In Realty

    Section Image

  • B

    Buyer's Agent in 2015

    Bobby Woofter

    Terratt, LLC

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71769842

MLS Property Information Network (MLS PIN)
Massachusetts Suffolk County Dorchester 02121 Washington Park

116 Homestead St, Dorchester, MA

This home is located at 116 Homestead St, Dorchester, MA 02121 since 18 November 2014. This property was built in 1940. 116 Homestead St is a home located in Suffolk County with nearby schools including Bridge Boston Charter School and Mother Caroline Academy & Education Center.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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