Top-Floor Residential Income
For Sale
$499,000
15 Braemore Rd, Boston, MA 02135
Condominium residence with updated finishes, abundant natural light, and a professionally managed setting near the Brookline–Brighton line.
Property Size688 SF
Price / SF$725.29
Days on Market129
Property Features for 15 Braemore Rd
General Information
Standard status
Active
Size
688 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
Window Unit(s)
Flooring - Hardwood
Forced Air
1.0 Story
$5,883 Taxes
Public
Built in 1920
Building Details
Year Built
1920
Listing Agency:
Boston Elite Realty Group
(617) 388-1715
Listed By:
John Zhang
(617) 529-3388
Source:
Donahuere
Added: Jun 2
Changed: Sep 9
Last Checked: Oct 7 at 8:29AM
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 Boston Elite Realty Group
Investment Insights
Based on property information with market context.
This 688-square-foot condominium occupies the top floor of a professionally managed residence built in 1920. Interior features include high ceilings, hardwood flooring, expansive windows, and a built-in bookcase. The kitchen is fitted with granite countertops, contemporary cabinetry, a gas stove, dishwasher, and garbage disposal. An updated bathroom adds custom tile work and sconce lighting.
The property is located on the Brookline–Brighton line at 15 Braemore Rd in Boston. The residence is identified as pet-friendly, providing an additional practical feature for occupants. Its established construction, upper-floor position, and updated interior finishes create a clearly defined residential offering.
The property is located on the Brookline–Brighton line at 15 Braemore Rd in Boston. The residence is identified as pet-friendly, providing an additional practical feature for occupants. Its established construction, upper-floor position, and updated interior finishes create a clearly defined residential offering.
Key Highlights
- 688‑square‑foot top‑floor condominium
- Professionally managed residence built in 1920
- High ceilings, hardwood floors, expansive windows, and built‑in bookcase
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,163
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,260
$323.3K
Cap Rate 7%
$230,900
$230.9K
Cap Rate 9%
$179,589
$179.6K
Market Conditions
NOI Build-Up for 688 SF
Gross rent
$30.5K $44.40/SF
− Vacancy
−$1.2K −$1.69/SF
EGI
$29.4K $42.71/SF
− OpEx
−$13.2K −$19.22/SF
NOI
$16.2K $23.49/SF
Area
Boston, MA
Vacancy
3.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,260
Cap Rate 7%
$230,900
Cap Rate 9%
$179,589
Alternative Uses
Best Use
Apartment 5plus
$230.9K
$202.0K – $269.4K
NOI $16,163 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$515.2K
$450.8K – $601.0K
NOI $36,062 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,022
Businesses Nearby
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Business Placement
Demographics for 02135, MA
47,232
Population
22,519
Households
2.1
Avg Household Size
29
Median Age
71%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
18,166
Density / Sq Mi
$88,208
Median Household Income
$57,124
Median Earnings
$2,179
Median Rent
$684,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with updated finishes, abundant natural light, and a professionally managed setting near the Brookline–Brighton line.
Where is this residential income property located?
The property is located at 15 Braemore Rd Boston, MA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 688‑square‑foot top‑floor condominium; Professionally managed residence built in 1920; High ceilings, hardwood floors, expansive windows, and built‑in bookcase
