Four-Unit Residential Income
258-260 Cypress Brookline, MA 02445
For Sale
$1,450,000
Pending
Two-building setup includes updated 3-unit front building and a separate 2-bedroom house with two levels.
Property Size3,036 SF
Days on Market15
Property Features for 258-260 Cypress
General Information
Standard status
Pending
Size
3,036 SF
Property subtype
4 Family
Building Details
Year Built
1900
Listing Agency:
Jacob Realty, LLC
(617) 620-0445
Listed By:
Christos Salpoglou · License #452508574
(617) 620-0445
Source:
Iverty
Added: Jul 16
Changed: Jul 26
Last Checked: Jul 26 at 1:51AM
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 Jacob Realty, LLC
Investment Insights
Based on property information with market context.
This four-unit residential income property features a front multi-family building and a separate rear standalone house. The front building consists of three units: two two-bedroom units and one one-bedroom unit. Public remarks indicate updates completed within each unit, including newer appliances, updated flooring, and washer/dryer combo units. Each unit also has gas cooking and gas heating.
Behind the front building is a standalone two-bedroom house with two levels of living space. The downstairs area includes a living room with hardwood floors and a spacious eat-in kitchen. Upstairs are two bedrooms with skylights and a full bath. Between the buildings, there is a paved driveway with room for two-car parking.
The property is offered for sale and is located at 258–260 Cypress in Brookline, Massachusetts.
Behind the front building is a standalone two-bedroom house with two levels of living space. The downstairs area includes a living room with hardwood floors and a spacious eat-in kitchen. Upstairs are two bedrooms with skylights and a full bath. Between the buildings, there is a paved driveway with room for two-car parking.
The property is offered for sale and is located at 258–260 Cypress in Brookline, Massachusetts.
Key Highlights
- Two‑building setup: updated 3‑unit front building plus a separate 2‑bedroom house with two levels
- Front building unit mix: 2 two‑bedroom units and 1 one‑bedroom unit
- Multiple unit updates include newer appliances, updated flooring, and washer/dryer combo units in each unit
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 | $96.5k | $31.80 |
| − Vacancy | −$4.8k | −$1.57 |
| EGI | $91.8k | $30.23 |
| − OpEx | −$27.5k | −$9.07 |
| NOI | $64.2k | $21.16 |
3,036 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$917.8K
$803.0K – $1.07M
NOI $64,243 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$862.9K
$755.1K – $1.01M
NOI $60,406 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M
NOI $125,811 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Two-building setup includes updated 3-unit front building and a separate 2-bedroom house with two levels.
Where is this quadplex located?
The property is located at 258-260 Cypress Brookline, MA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Two‑building setup: updated 3‑unit front building plus a separate 2‑bedroom house with two levels; Front building unit mix: 2 two‑bedroom units and 1 one‑bedroom unit; Multiple unit updates include newer appliances, updated flooring, and washer/dryer combo units in each unit
