Seller's Agent in 2024
Greg Dorsey
Compass
(617) 548-2411
1 in this area
26 Total Sales
250 Hyde Park Ave Jamaica Plain, MA 02130
Jamaica Plain NeighborhoodEstimated Value: $1,108,000 - $1,279,000
7
Beds
3
Baths
3,078
Sq Ft
$392/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Porch
- Property is near public transit
- Corner Lot
- 5-minute walk to Pagel Field
About This Home
As of August 20243 Family house is an excellent opportunity for condo conversion, or three rentals in Jamaica Plain is a fantastic investment opportunity for anyone looking for a turnkey property with a proven rental history. All three units currently have leases expiring on 6/30/24, 8/31/24, 6/30/24. Opportunity to raise rents or condo conversion. Current residents have all lived in the home for at least several years. The apartments are spacious and well-lit and have two or three bedrooms, one bathroom, a living room, a dining room, a kitchen, a pantry, a washer/dryer, and a porch. The location is convenient, with easy access to the Forest Hills (Orange Line) and Bus 39, which connect to the shops on South Street and the Arborway. Additionally, the front entrance of the Arnold Arboretum is located nearby. Total annual rental income is currently below market at $85,200. Excellent opportunity for condo conversion or rarely available three-apartment rentals. Offers are due Tuesday, 30 April, at noon.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,246
Year Built
- Built in 1910
Lot Details
- 4,000 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Rubber Roof
Interior Spaces
- 3,078 Sq Ft Home
- Living Room
- Dining Room
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- 1 Car Parking Space
- Off-Street Parking
Utilities
- 3 Heating Zones
- Hot Water Heating System
- Heating System Uses Steam
Additional Features
- Porch
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $7,100
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number W:19 P:04843 S:000,1354137
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
Building Details
- Net Operating Income $85,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 28, 2012
Sold by
Cotton Jeffrey
Bought by
Cotton Jeffrey and Crasnopol Beth A
Current Estimated Value
Purchase Details
Closed on
May 24, 2007
Sold by
Matzell Charles J and Matzell Thomas G
Bought by
Cotton Jeffrey
Purchase Details
Closed on
Feb 24, 1992
Sold by
Fed Natl Mtg Assocn
Bought by
Cotton Jeffrey and Matzell Charles J
Purchase Details
Closed on
Dec 18, 1991
Sold by
Donahue Leonard
Bought by
Monarch Sb Fsb
Purchase Details
Closed on
Aug 13, 1987
Sold by
Walsh John A
Bought by
Donahue Leonard
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cotton Jeffrey | -- | -- | |
| Cotton Jeffrey | -- | -- | |
| Cotton Jeffrey | $84,000 | -- | |
| Cotton Jeffrey | $84,000 | -- | |
| Cotton Jeffrey | $120,000 | -- | |
| Cotton Jeffrey | $120,000 | -- | |
| Monarch Sb Fsb | $179,464 | -- | |
| Monarch Sb Fsb | $179,464 | -- | |
| Donahue Leonard | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Donahue Leonard | $367,500 | |
| Previous Owner | Donahue Leonard | $371,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2024 08/21/24 | Sold | $1,205,000 | +9.6% | $391 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $1,099,000 | -- | $357 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $12,592 | $1,087,400 | $361,000 | $726,400 |
| 2024 | $11,246 | $1,031,700 | $253,300 | $778,400 |
| 2023 | $10,554 | $982,700 | $241,300 | $741,400 |
| 2022 | $10,178 | $935,500 | $229,700 | $705,800 |
| 2021 | $9,690 | $908,200 | $223,000 | $685,200 |
| 2020 | $8,180 | $774,600 | $245,700 | $528,900 |
| 2019 | $7,406 | $702,700 | $172,300 | $530,400 |
| 2018 | $6,755 | $644,600 | $172,300 | $472,300 |
| 2017 | $6,382 | $602,600 | $172,300 | $430,300 |
| 2016 | $5,918 | $538,000 | $172,300 | $365,700 |
| 2015 | $5,462 | $451,000 | $162,600 | $288,400 |
| 2014 | $5,014 | $398,600 | $162,600 | $236,000 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Dorsey
-
Shahani Real Estate Team
Buyer's Agent in 2024
Shahani Real Estate Team
Compass
(617) 216-1493
6 in this area
148 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73226866
APN: JAMA-000000-000019-004843
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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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