Spacious Chestnut Hill Three-Family
1148 Boylston Brookline, MA 02467
1148 Boylston, Brookline, MA, 02467
$1,998,000
For Sale
$1,998,000
Rare, spacious three-family home in prime Chestnut Hill location.
Property Size3,945 SF
Price / SF$506.46
Days on Market104
Property Features for 1148 Boylston
General Information
- Standard status
- Active
- Size
- 3,945 SF
- Property subtype
- 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1925
Listing agency
Coldwell Banker Realty - Newton
(617) 843-5685
Listed by
Todd Glaskin · License #9009395
(617) 843-5685
Source
Lockandkeyre
Added: Apr 10 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 9:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Newton
Investment Insights
Based on property information with market context.
This spacious three-family home is located in the Chestnut Hill neighborhood of Brookline, Massachusetts, across from the Longwood Cricket Club. The property is near the MBTA Green Line and the shopping and dining options at The Street at Chestnut Hill. Each unit features a three-bedroom layout, including formal living and dining rooms, and spacious kitchens. Front and rear porches are available for each unit, along with a fenced yard and patio space. The property includes a two-car garage and additional parking behind it, plus a separate driveway, providing on-site parking. Separate systems are in place for each unit. The property can be delivered vacant, presenting an opportunity for investors, developers, or end users. The property size is 3945 square feet.
Key Highlights
- Prime Chestnut Hill location in Brookline, across from Longwood Cricket Club, near MBTA and The Street.
- Rare opportunity: Delivered vacant for investors, developers, or end users.
- Spacious 3‑family home with three‑bedroom layouts in each unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $125.5k | $31.80 |
| − Vacancy | −$6.2k | −$1.57 |
| EGI | $119.3k | $30.23 |
| − OpEx | −$35.8k | −$9.07 |
| NOI | $83.5k | $21.16 |
3,945 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M
NOI $83,478 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$1.12M
$981.2K – $1.31M
NOI $78,492 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$2.34M
$2.04M – $2.72M
NOI $163,480 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Rare, spacious three-family home in prime Chestnut Hill location.
Where is this triplex located?
The property is located at 1148 Boylston Brookline, MA.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: Prime Chestnut Hill location in Brookline, across from Longwood Cricket Club, near MBTA and The Street.; Rare opportunity: Delivered vacant for investors, developers, or end users.; Spacious 3‑family home with three‑bedroom layouts in each unit.
