Renovated Brick
For Sale
$1,299,000
12-14 Hooper St, Boston, MA 02124
Two residences offer seven bedrooms and three bathrooms, with a partially finished lower level.
Property Size4,034 SF
Days on Market9
Property Features for 12-14 Hooper St
General Information
Standard status
Active
Size
4,034 SF
Total Parking Spaces
2
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/1BA, 1 x 4BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$15,078
Building Details
Building Size
4,034 SF
Year Built
1925
Construction
brick
Listing Agency:
Stony Brook & Lennox Realty Advisors
Listed By:
Markese Daise · License #9574297
(617) 905-4014
Source:
Bostonluxurysuburbs
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 13 at 1:04AM
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 Stony Brook & Lennox Realty Advisors
Investment Insights
Based on property information with market context.
This renovated brick duplex at 12-14 Hooper Street contains two residences totaling 4,034 square feet. The unit mix includes a three-bedroom, one-bath residence and a four-bedroom, two-bath residence. A partially finished lower level, two-car garage, and additional parking are also part of the property. The building dates to 1925.
The property is in Boston’s Melville Park neighborhood of Dorchester, with access to the Shawmut Red Line, major highways, and Downtown Boston. The lower-level area is identified as a potential location for an additional unit, though no specific permitted configuration is established in the provided details.
The property is in Boston’s Melville Park neighborhood of Dorchester, with access to the Shawmut Red Line, major highways, and Downtown Boston. The lower-level area is identified as a potential location for an additional unit, though no specific permitted configuration is established in the provided details.
Key Highlights
- 4,034‑square‑foot duplex with two residences
- Unit mix: 3 bedrooms and 1 bathroom; 4 bedrooms and 2 bathrooms
- Renovated brick building, constructed in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,936
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,038,720
$2.0M
Cap Rate 7%
$1,456,229
$1.5M
Cap Rate 9%
$1,132,622
$1.1M
Market Conditions
NOI Build-Up for 4,034 SF
Gross rent
$152.5K $37.80/SF
− Vacancy
−$6.9K −$1.70/SF
EGI
$145.6K $36.10/SF
− OpEx
−$43.7K −$10.83/SF
NOI
$101.9K $25.27/SF
Area
Boston, MA
Vacancy
4.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,038,720
Cap Rate 7%
$1,456,229
Cap Rate 9%
$1,132,622
Alternative Uses
Best Use
Multifamily LT 5
$1.46M
$1.27M – $1.70M
NOI $101,936 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$1.35M
$1.18M – $1.58M
NOI $94,767 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$3.02M
$2.64M – $3.52M
NOI $211,446 @ 7.0% cap · market cap 16.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,099
Businesses Nearby
Explore this area
Business Placement
Demographics for 02124, MA
50,972
Population
21,264
Households
2.4
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
16,991
Density / Sq Mi
$79,168
Median Household Income
$43,483
Median Earnings
$1,783
Median Rent
$607,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer seven bedrooms and three bathrooms, with a partially finished lower level.
Where is this duplex located?
The property is located at 12-14 Hooper St Boston, MA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 4,034‑square‑foot duplex with two residences; Unit mix: 3 bedrooms and 1 bathroom; 4 bedrooms and 2 bathrooms; Renovated brick building, constructed in 1925
