238 Norfolk St Dorchester Center, MA 02124
West Codman Hill-West Lowe NeighborhoodEstimated payment $15,764/month
Highlights
- Golf Course Community
- City View
- Deck
- Medical Services
- 0.3 Acre Lot
- Property is near public transit
About This Home
Some buildings check boxes. This one breaks the mold! Welcome to 238–240 Norfolk Street; a BRAND-NEW TROPHY 5-unit multi-family building in Boston’s booming Dorchester neighborhood. Over 8,000sqft of luxury living space across 5 units! (4) 3 Bed/2 Bath units & (1) 5 Bed/3 Bath! Spa- baths. High-end kitchens. Ceilings that make a statement. This is not your average investment building— it is a fully turnkey investment with every major system upgraded: new plumbing, electrical, central air, roof, & windows. With projected annual income over $250,000 & a cap rate nearing 8%, this asset blends beauty with balance sheet. With easy access to multiple transit lines & Downtown Boston, the property sits at the intersection of connection, culture, & capital. The property also can be financed as a separate 2 & 3 Fam! Whether you hold the asset, short-term rent,or condo-convert later — this is more than a building. It is a once-in-a-market moment in one of the city's fastest-moving neighborhood!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,968
Year Built
- Built in 1900
Home Design
- Brick Foundation
- Stone Foundation
- Slate Roof
- Rubber Roof
Interior Spaces
- 8,162 Sq Ft Home
- 1 Fireplace
- City Views
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 17 Bedrooms
- 11 Full Bathrooms
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Boston Latin Academy Middle School
- Boston Latin Academy High School
Additional Features
- 0.3 Acre Lot
- 200+ Amp Service
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $247,200
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 | $8,179 | $706,300 | $357,400 | $348,900 |
| 2024 | $8,196 | $751,900 | $311,200 | $440,700 |
| 2023 | $7,408 | $689,800 | $285,500 | $404,300 |
| 2022 | $7,015 | $644,800 | $266,900 | $377,900 |
| 2021 | $6,144 | $575,800 | $238,300 | $337,500 |
| 2020 | $4,936 | $467,400 | $225,000 | $242,400 |
| 2019 | $4,828 | $458,100 | $178,700 | $279,400 |
| 2018 | $4,287 | $409,100 | $178,700 | $230,400 |
| 2017 | $4,206 | $397,200 | $178,700 | $218,500 |
| 2016 | $4,083 | $371,200 | $178,700 | $192,500 |
| 2015 | $3,802 | $313,975 | $113,240 | $200,735 |
| 2014 | $3,526 | $280,250 | $113,240 | $167,010 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $1,200,000 | -55.6% | $318 / Sq Ft |
| 08/07/2025 08/07/25 | For Sale | $2,700,000 | +350.0% | $331 / Sq Ft |
| 09/13/2024 09/13/24 | Sold | $600,000 | -29.4% | $159 / Sq Ft |
| 07/07/2024 07/07/24 | Pending | -- | -- | -- |
| 06/09/2024 06/09/24 | For Sale | $850,000 | -- | $225 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,655,000 | Purchase Money Mortgage | |
| Closed | $50,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73415334
APN: DORC-000000-000017-002062
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