NOT LISTED FOR SALE

Estimated Value: $805,000 - $897,798

5 Beds
5 Baths
1,758 Sq Ft
$493/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $820,000 $466 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,544/month

8 Days on Market

About This Home

As of October 2021

Don't miss your chance to own an investment property in East Boston for under 900K! This building is located on the corner of Brooks and Bennington Street. Perfect for commuters and close to the Airport T Station. First floor unit is a 1 bedroom with an open floor plan. It has new renovations and an enclosed rear porch. Second and third floor units are 2 beds with separate living room and kitchen. Units 1 and 3 are to be delivered vacant. Unit 2 is leased through spring 2022. The last lease for unit 1 was $1600. Potential rents for units 2 and 3 are around $1900. Developers take notice. Best to seller's knowledge, you can build 10 feet back and one floor up. Buyer to due their own due diligence.

Last Listed By

Josephine Marino DiMarzo

Lyv Realty Listed on: 08/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,578

Year Built

  • 1900

Lot Details

  • 871

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,578

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Brooks Street and Bennington Street
  • Garage Yn: No
  • Year Built Details: Unknown/Mixed
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Unfinished
  • Total Bathrooms: 5
  • MAIN LO: AN5767
  • LIST PRICE PER Sq Ft: 465.87
  • PRICE PER Sq Ft: 466.44
  • MAIN SO: AN6527
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Other (See Remarks)
  • Stories: 6

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Disclosures: Total Monthly Rent Listed Are Projected Market Rents For Units 1 And 3. Units 1 And 3 Will Be Vacant. Common Area Includes Stairwells.
  • Lot Features: Level
  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, T-Station

Lot Info

  • LOT SIZE: 1082
  • PAGE: 94
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 871.2
  • Zoning: R3

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 59400
  • Property Net Operating Income: 59400
  • Number Of Units Total: 3
  • Total Actual Rent: 4950

Tax Info

  • Tax Annual Amount: 6906.69
  • Tax Book Number: 585899
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2021
Closed on
Sep 16, 2021
Sold by
78 Brooks Street Llc
Bought by
Weiler Jesse I and Weiler Diana K
Seller's Agent
Josephine Marino DiMarzo
Lyv Realty
Buyer's Agent
The Hines Group
Lantern Residential
List Price
$819,000
Sold Price
$820,000
Premium/Discount to List
$1,000
0.12%
Total Days on Market
8
Current Estimated Value
$866,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,950
Avg. Annual Appreciation
1.57%
Original Mortgage
$700,000
Outstanding Balance
$644,530
Interest Rate
2.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$222,420

Purchase Details

Closed on
Sep 28, 2017
Sold by
Labriola Patricia
Bought by
Gesualdi Anthony

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Weiler Jesse I $820,000 None Available
Gesualdi Anthony -- --
Gesualdi Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiler Jesse I $700,000
Closed Weiler Jesse I $700,000
Previous Owner 78 Brks St Llc $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $820,000 +0.1% $466 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $819,000 -- $466 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $8,578 $740,800 $184,100 $556,700
2024 $7,798 $715,400 $192,200 $523,200
2023 $7,607 $708,300 $190,300 $518,000
2022 $7,043 $647,300 $174,600 $472,700
2021 $6,907 $647,300 $174,600 $472,700
2020 $5,562 $526,700 $194,100 $332,600
2019 $4,956 $470,200 $116,900 $353,300
2018 $4,348 $414,900 $116,900 $298,000
2017 $3,819 $360,600 $116,900 $243,700
2016 $3,450 $313,600 $116,900 $196,700
2015 $3,013 $248,800 $86,200 $162,600
2014 $2,722 $216,400 $86,200 $130,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72887713

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-006565