Multi-Family Residence with
37-39 Hill Top St Boston, MA 02124
For Sale
$1,024,000
Pending
1929-era multi-family home with five bedrooms, two bathrooms, a two-car garage, and a yard on a 4,802 sq ft lot.
Property Size3,202 SF
Days on Market8
Property Features for 37-39 Hill Top St
General Information
- Standard status
- Pending
- Size
- 3,202 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1929
Listing Agency:
Keller Williams Realty
(860) 608-3410
Listed By:
Charleen Guarnaccia-Albanese · License #455024818
(860) 608-3410
Source:
Thefirmreg
Added: Jul 16
Changed: Jul 17
Last Checked: Jul 23 at 6:59AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This 1929 multi-family property offers 3,202 square feet of living space configured as a five-bedroom, two-bathroom layout. The home includes a two-car garage for added convenience and secure parking, along with outdoor space on a 4,802 square foot lot.
Located near Dorchester Center in the Lower East Mills–Cedar Grove area of Suffolk County, the property provides easy access to I-93 and commuting convenience via public transportation. It is also close to the Neponset River Conservation area and nearby walking trails and playgrounds.
The combination of multi-family living space, garage parking, and available outdoor yard area supports either rental use or owner occupancy, with the flexibility described in the listing remarks.
Located near Dorchester Center in the Lower East Mills–Cedar Grove area of Suffolk County, the property provides easy access to I-93 and commuting convenience via public transportation. It is also close to the Neponset River Conservation area and nearby walking trails and playgrounds.
The combination of multi-family living space, garage parking, and available outdoor yard area supports either rental use or owner occupancy, with the flexibility described in the listing remarks.
Key Highlights
- 1929‑built 5‑bedroom, 2‑bathroom multi‑family home with 3,202 sq ft of living space
- Set on a 4,802 sq ft lot with a yard
- Two‑car garage provides additional parking and convenience
Financial Insights For Apartment 5plus
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 | $142.2k | $44.40 |
| − Vacancy | −$5.4k | −$1.69 |
| EGI | $136.8k | $42.71 |
| − OpEx | −$61.5k | −$19.22 |
| NOI | $75.2k | $23.49 |
3,202 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.07M
$940.3K – $1.25M
NOI $75,222 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,836 @ 7.0% cap · market cap 16.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - 1929-era multi-family home with five bedrooms, two bathrooms, a two-car garage, and a yard on a 4,802 sq ft lot.
Where is this residential income property located?
The property is located at 37-39 Hill Top St Boston, MA.
What is the asking price?
The asking price for this property is $1,024,000.
What are key features of this property?
This property features: 1929‑built 5‑bedroom, 2‑bathroom multi‑family home with 3,202 sq ft of living space; Set on a 4,802 sq ft lot with a yard; Two‑car garage provides additional parking and convenience
