$549,000
$50K PRICE DROP

Estimated payment $3,486/month

Total Views 6,895
0.04 Acre
$13,725,000 Price per Acre
1,819 Sq Ft Lot

Highlights

  • Marina
  • Property is near public transit
  • Community Pool
  • Medical Services
  • No HOA
  • 4-minute walk to Neptune Road Airport Edge Buffer Park

About This Lot

Attention all developers with vision! Unlock the potential of 359 Princeton Street, ideally located in East Boston’s sought-after Eagle Hill neighborhood. This property sits within the flexible MU-5 zoning district. Surrounded by ongoing investment and new construction, the site is well-positioned for value creation. Just minutes from Logan Airport, the Blue Line, and downtown Boston, this location appeals to today’s urban lifestyle. Whether you’re a seasoned builder or a forward-thinking developer, this site offers a strategic footprint to deliver your next project in one of the city’s most dynamic and supply-constrained neighborhoods. All Buyers must do their own due diligence with respect to the number of potential units that might be allowed. Seller makes no representations with respect to the number of units possible on the lot. The existing house needs TLC but has endless possibilities!

Listing Agent

Mike Preston

Aura Realty Advisors Listed on: 06/20/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,451

Lot Details

  • 1,819 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Level Lot
  • Property is zoned MU-5

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 1330723

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$5,451

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Interior Features

  • MAIN LO: AN8805

Exterior Features

  • Fencing: Fenced
  • Home Warranty YN: No
  • Waterfront Features: Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1330723
  • Zoning: MU-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Curbs & Gutters
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1819
  • Lot Size Units: Acres
  • PAGE: 196

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5451
  • Tax Book Number: 25106

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,451 $470,700 $188,200 $282,500
2024 $4,324 $396,700 $174,200 $222,500
2023 $4,261 $396,700 $174,200 $222,500
2022 $4,073 $374,400 $164,400 $210,000
2021 $3,841 $360,000 $158,100 $201,900
2020 $3,256 $308,300 $151,200 $157,100
2019 $2,901 $275,264 $110,400 $164,864
2018 $2,623 $250,240 $110,400 $139,840
2017 $2,431 $229,540 $110,400 $119,140
2016 $2,691 $244,600 $120,000 $124,600
2015 $2,343 $193,500 $93,300 $100,200
2014 $2,191 $174,200 $93,300 $80,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $549,000 -8.3% $594 / Sq Ft
06/18/2025 06/18/25 For Sale $599,000 -- $648 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,400 Stand Alone Refi Refinance Of Original Loan
Open $100,000 No Value Available
Closed $103,500 Purchase Money Mortgage
Closed $10,691 No Value Available
Closed $27,600 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73394266

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-000287