Duplex with Multi-Level
New
For Sale
$799,000
340 Beech St, Boston, MA 02131
Both residences have hardwood floors, while the property also includes off-street parking and a full basement.
Property Size1,896 SF
Price / SF$421.41
Days on Market4
Property Features for 340 Beech St
General Information
Standard status
Active
Size
1,896 SF
Property subtype
2 Family - 2 Units Up/Down
Additional Details
Multifamily Units
2
Amenities
high ceilings
hardwood floors
abundant natural light
central air
off-street parking
yard
full-size basement
Building Details
Building Size
1,896 SF
Year Built
1928
Buildings
1
Listing Agency:
Nova Realty Advisors LLC
Listed By:
Daniel Coelho
(781) 572-5618
Source:
Iverty
Added: Sep 30
Changed: Oct 1
Last Checked: Oct 1 at 9:20AM
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 Nova Realty Advisors LLC
Investment Insights
Based on property information with market context.
Built in 1928, this two-family property contains 1,896 square feet and will be delivered vacant. Both units feature high ceilings, hardwood flooring, and natural light. The second-floor residence spans multiple levels and has central air conditioning.
The property includes dedicated off-street parking, a yard, and a full-size basement. It sits one block from Washington Street in Roslindale.
The property includes dedicated off-street parking, a yard, and a full-size basement. It sits one block from Washington Street in Roslindale.
Key Highlights
- Two‑family property with 1,896 square feet, built in 1928
- Both units feature hardwood floors, high ceilings, and natural light
- Second‑floor unit includes multi‑level living space and central air
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
$47,911
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
6.00%
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%
$958,220
$958.2K
Cap Rate 7%
$684,443
$684.4K
Cap Rate 9%
$532,344
$532.3K
Market Conditions
NOI Build-Up for 1,896 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
$71.7K $37.80/SF
− Vacancy
−$3.2K −$1.70/SF
EGI
$68.4K $36.10/SF
− OpEx
−$20.5K −$10.83/SF
NOI
$47.9K $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%
$958,220
Cap Rate 7%
$684,443
Cap Rate 9%
$532,344
Alternative Uses
Best Use
Multifamily LT 5
$684.4K
$598.9K – $798.5K
NOI $47,911 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$636.3K
$556.8K – $742.4K
NOI $44,541 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,381 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
793
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have hardwood floors, while the property also includes off-street parking and a full basement.
Where is this duplex located?
The property is located at 340 Beech St Boston, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑family property with 1,896 square feet, built in 1928; Both units feature hardwood floors, high ceilings, and natural light; Second‑floor unit includes multi‑level living space and central air
