NOT LISTED FOR SALE

Estimated Value: $988,000 - $1,397,397

7 Beds
4 Baths
2,916 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,355,000 $465 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,702/month

229 Days on Market

Highlights

  • Granite Flooring
  • Solid Surface Countertops
  • Living Room
  • Property is near public transit
  • Crown Molding
  • Shops

About This Home

As of July 2024

Newly renovated 3-family, fully leased and located on Eagle Hill, convenient to everything East Boston has to offer. All of the units were renovated in 2019 and 2020 and feature HVAC with air conditioning, hardwood floors, crown moldings, tile baths, and fully applianced kitchens with stainless steel appliances, quartz and granite countertops and tile backsplashes. Full basement. All units are leased to 8/31/2024 with gross rent of $107,400/annually. Nothing to do but collect rents. Call for a private showing today.

Last Agent to Sell the Property

The Residential Group

William Raveis R.E. & Home Services Listed on: 09/19/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Kim Covino

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,938

Year Built

  • Built in 1890

Lot Details

  • 1,400 Sq Ft Lot
  • Property fronts an easement
  • Level Lot

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 2,916 Sq Ft Home
  • Crown Molding
  • Insulated Windows
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 3 Cooling Zones
  • 3 Heating Zones

Listing and Financial Details

  • Total Actual Rent $8,950
  • Assessor Parcel Number 1333404

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Operating Expense $18,850
  • Net Operating Income $88,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,938

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Crown Molding, Stone/Granite/Solid Counters, Remodeled, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Living Area: 2916
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 478.4
  • PRICE PER Sq Ft: 464.68
  • MAIN SO: AN2383

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1333404
  • Zoning: 2F-2000
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1400
  • Lot Size Units: Acres
  • PAGE: 304
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10938
  • Tax Book Number: 61292

Multi Family

  • Gross Income: 107400
  • Net Operating Income: 88550
  • Number Of Units Total: 3
  • Operating Expense: 18850
  • Total Actual Rent: 8950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2019
Sold by
Totonelli Monica and Freni Frank
Bought by
89 Princeton Street Rt
Current Estimated Value
$1,223,599

Purchase Details

Closed on
Apr 29, 2010
Sold by
Freni Stephen and Freni Frank
Bought by
Totonelli Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,600
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2008
Sold by
Freni Stephen F
Bought by
Freni Frank S

Purchase Details

Closed on
Jun 4, 2007
Sold by
Freni Louis A and Freni Stephen F
Bought by
Freni Stephen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
89 Princeton Street Rt $801,600 --
Totonelli Monica $280,000 --
Totonelli Monica $280,000 --
Freni Frank S -- --
Freni Frank S -- --
Freni Stephen F -- --
Freni Stephen F -- --
Freni Stephen F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelleher Brian $1,122,701
Closed Kelleher Brian $1,122,701
Closed 89 Princeton Street Rt $1,016,000
Previous Owner Totonelli Monica $215,600
Previous Owner Princeton Street Rt 89 $56,000
Previous Owner Freni Stephen F $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,355,000 -2.9% $465 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $1,395,000 -3.8% $478 / Sq Ft
04/02/2024 04/02/24 Price Changed $1,450,000 -1.7% $497 / Sq Ft
03/07/2024 03/07/24 Price Changed $1,475,000 -1.6% $506 / Sq Ft
02/08/2024 02/08/24 Price Changed $1,499,000 -1.7% $514 / Sq Ft
02/07/2024 02/07/24 For Sale $1,525,000 +12.5% $523 / Sq Ft
01/31/2024 01/31/24 Off Market $1,355,000 -- --
01/17/2024 01/17/24 Price Changed $1,525,000 -3.2% $523 / Sq Ft
01/05/2024 01/05/24 Price Changed $1,575,000 -1.3% $540 / Sq Ft
10/23/2023 10/23/23 Price Changed $1,595,000 -1.8% $547 / Sq Ft
10/11/2023 10/11/23 Price Changed $1,625,000 -1.5% $557 / Sq Ft
09/19/2023 09/19/23 For Sale $1,650,000 -- $566 / 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 $12,576 $1,086,000 $233,900 $852,100
2024 $11,113 $1,019,500 $210,000 $809,500
2023 $10,840 $1,009,300 $207,900 $801,400
2022 $10,074 $925,900 $190,700 $735,200
2021 $9,810 $919,400 $190,700 $728,700
2020 $5,474 $518,400 $212,100 $306,300
2019 $4,878 $462,800 $127,800 $335,000
2018 $4,330 $413,200 $127,800 $285,400
2017 $3,804 $359,200 $127,800 $231,400
2016 $3,435 $312,300 $127,800 $184,500
2015 $3,187 $263,200 $91,700 $171,500
2014 $2,878 $228,800 $91,700 $137,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73160820

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-006595