Building Details

Building Size 2,986 SF

Year Built 1920

Stories 3

Listing Agency: Real Broker Ma, LLC Show Phone

Listed By: JEP Realty Team Show Phone

Source: Churchillprop

Added: Jun 4 Changed: Oct 15 Last Checked: Oct 16 at 7:13AM

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Investment Insights

Based on property information with market context.

This 2,986-square-foot triplex, built in 1920, contains three residential units, each with three bedrooms and one full bathroom. Hardwood flooring extends throughout the units, while completed work includes exterior updates and renovated bathrooms. A three-car garage provides on-site parking and is also identified as suitable for ADU use.

Located at 28 Haslet St in Boston, the property is near Roslindale Village, with restaurants, shops, a public library, and parks within walking distance. Transit access includes MBTA bus routes, commuter rail service, and Forest Hills Station, with major roadways connecting to Boston and surrounding communities. The R3 zoning designation supports its multifamily classification.

Key Highlights

• Three‑unit multifamily property with 2,986 SF
• Each unit includes 3 bedrooms and 1 full bathroom
• Three‑car garage offers parking or ADU use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$75,454

Cap Rate

6.19%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,509,080 $1.5M

Cap Rate 7%

$1,077,914 $1.1M

Cap Rate 9%

$838,378 $838.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,986 SF

Gross rent

$112.9K $37.80/SF

− Vacancy

−$5.1K −$1.70/SF

EGI

$107.8K $36.10/SF

− OpEx

−$32.3K −$10.83/SF

NOI

$75.5K $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%

$1,509,080

Cap Rate 7%

$1,077,914

Cap Rate 9%

$838,378

Alternative Uses

Best Use

Multifamily LT 5

$1.08M

$943.2K – $1.26M (±1% cap)

NOI $75,454 @ 7.0% cap · market cap 6.19%

Second Best

Apartment 5plus

$1.00M

$876.8K – $1.17M (±1% cap)

NOI $70,147 @ 7.0% cap · market cap 5.75%

Theoretical Best

Office A

$2.24M

$1.96M – $2.61M (±1% cap)

NOI $156,514 @ 7.0% cap · market cap 12.84%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Cafe & Coffee Shop Restaurant (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,119

Businesses Nearby

Explore this area Business Placement

Demographics for 02131, MA

30,544

Population

13,264

Households

2.3

Avg Household Size

39

Median Age

52%

College-Educated

89%

High-School Grad

2.8 sq mi

ZIP Area

10,909

Density / Sq Mi

$109,237

Median Household Income

$65,268

Median Earnings

$1,999

Median Rent

$634,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Triplex - R3-zoned multifamily property near Roslindale Village, neighborhood amenities, and MBTA transit connections.

Where is this triplex located?

The property is located at 28 Haslet St Boston, MA.

What is the asking price?

The asking price for this property is $1,219,000.

What are key features of this property?

This property features: Three‑unit multifamily property with 2,986 SF; Each unit includes 3 bedrooms and 1 full bathroom; Three‑car garage offers parking or ADU use