Three-Story
New
For Sale
$1,100,000
307 Maverick St, Boston, MA 02128
Residential Income, Boston, MA
Property Size1,958 SF
Lot Size0.04 Acres
Price / SF$561.80
Days on Market2
Property Features for 307 Maverick St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
8
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 8, Bedroom 6
Directions
GPS
Standard status
Active
APN
1331766
Size
1,958 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9632
Building Details
Year built
1905
Floors in Building
3
Number of units
2
Listing Agency:
Keller Williams Realty Evolution
(781) 395-5600
Listed By:
Keller Williams Realty Evolution
(978) 927-8700
Added: Sep 9
Last Checked: Sep 10 at 5:06AM
MLS# 73574269
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This R2-zoned duplex at 307 Maverick St. in Boston provides 1,958 square feet across three stories. Built in 1905, the property includes 8 bedrooms and 2 bathrooms on a 0.043-acre lot. The configuration offers a substantial residential layout within an established East Boston setting.
The property is positioned near the Blue Line, multiple bus routes, major highways, Logan Airport, and Downtown Boston, which is approximately 10 minutes away. Restaurants, shops, shopping plazas, waterfront areas, and walking trails are also identified in the surrounding area.
The property is positioned near the Blue Line, multiple bus routes, major highways, Logan Airport, and Downtown Boston, which is approximately 10 minutes away. Restaurants, shops, shopping plazas, waterfront areas, and walking trails are also identified in the surrounding area.
Key Highlights
- 8‑bedroom duplex on three stories
- 1,958 square feet of property size
- 0.043‑acre lot in East Boston
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,477
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$989,540
$989.5K
Cap Rate 7%
$706,814
$706.8K
Cap Rate 9%
$549,744
$549.7K
Market Conditions
NOI Build-Up for 1,958 SF
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.
Gross rent
$74.0K $37.80/SF
− Vacancy
−$3.3K −$1.70/SF
EGI
$70.7K $36.10/SF
− OpEx
−$21.2K −$10.83/SF
NOI
$49.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$989,540
Cap Rate 7%
$706,814
Cap Rate 9%
$549,744
Alternative Uses
Best Use
Multifamily LT 5
$706.8K
$618.5K – $824.6K
NOI $49,477 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$657.1K
$575.0K – $766.6K
NOI $45,997 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,631 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,759
Businesses Nearby
Explore this area
Business Placement
Demographics for 02128, MA
43,066
Population
19,124
Households
2.3
Avg Household Size
33
Median Age
38%
College-Educated
77%
High-School Grad
5.0 sq mi
ZIP Area
8,613
Density / Sq Mi
$92,079
Median Household Income
$48,549
Median Earnings
$2,009
Median Rent
$680,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - R2-zoned residential property near the Blue Line, bus routes, Logan Airport, and Downtown Boston.
Where is this duplex located?
The property is located at 307 Maverick St Boston, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 8‑bedroom duplex on three stories; 1,958 square feet of property size; 0.043‑acre lot in East Boston
