Multifamily Property with Gas Water
For Sale
$1,175,000
36 Floyd Street, Boston, MA 02124
Built in 1925, the property includes a gas water heater on a one-way street off Blue Hill Ave.
Property Size3,516 SF
Price / SF$334.19
Days on Market205
Property Features for 36 Floyd Street
General Information
Standard status
Active
Size
3,516 SF
Property subtype
Multi-Family
Zoning
0105
Taxes and HOA fees
Annual Taxes
$9,127
Building Details
Building Size
3,516 SF
Year Built
1925
Stories
3
Listing Agency:
Jamaica Plain Realty
(617) 524-5464
Listed By:
Wendy Rist · License #137090
(617) 839-7068
Source:
Churchillprop
Added: Mar 16
Changed: Oct 1
Last Checked: Oct 5 at 5:12PM
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 Jamaica Plain Realty
Investment Insights
Based on property information with market context.
This multifamily property contains 3,516 square feet and was constructed in 1925. Interior features include a gas water heater and a full feature listed among the property details.
The property is located at 36 Floyd Street in Boston’s 02124 ZIP code, in Suffolk County. Floyd Street is described as a one-way street off Blue Hill Ave.
The property is located at 36 Floyd Street in Boston’s 02124 ZIP code, in Suffolk County. Floyd Street is described as a one-way street off Blue Hill Ave.
Key Highlights
- 3,516‑square‑foot multifamily property
- Constructed in 1925
- Gas water heater included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,598
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,651,960
$1.7M
Cap Rate 7%
$1,179,971
$1.2M
Cap Rate 9%
$917,756
$917.8K
Market Conditions
NOI Build-Up for 3,516 SF
Gross rent
$156.1K $44.40/SF
− Vacancy
−$5.9K −$1.69/SF
EGI
$150.2K $42.71/SF
− OpEx
−$67.6K −$19.22/SF
NOI
$82.6K $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%
$1,651,960
Cap Rate 7%
$1,179,971
Cap Rate 9%
$917,756
Alternative Uses
Best Use
Apartment 5plus
$1.18M
$1.03M – $1.38M
NOI $82,598 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,295 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 02124, MA
50,972
Population
21,264
Households
2.4
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
16,991
Density / Sq Mi
$79,168
Median Household Income
$43,483
Median Earnings
$1,783
Median Rent
$607,200
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Built in 1925, the property includes a gas water heater on a one-way street off Blue Hill Ave.
Where is this multifamily property located?
The property is located at 36 Floyd Street Boston, MA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 3,516‑square‑foot multifamily property; Constructed in 1925; Gas water heater included
