New Six-Unit Condominium
3915 Washington Street Boston, MA 02131
3915 Washington Street, Boston, MA, 02131
$2,995,000
For Sale
$2,995,000
Newly constructed six-unit building with one-bed, one-bath residences featuring central A.C. and in-unit laundry.
Property Size4,500 SF
Price / SF$665.56
Days on Market10
Property Features for 3915 Washington Street
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2026
Listing agency
Insight Realty Group,Inc.
Listed by
Steven Musto
(617) 236-0711
Source
Campionre
Added: Jul 12 Updated: Jul 20 at 7:38PM Checked: Jul 21 at 9:06AM
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 Insight Realty Group,Inc.
Investment Insights
Based on property information with market context.
Introducing a newly constructed six-unit condominium building offering thoughtfully designed one-bedroom, one-bath residences. Each home includes professionally designed finishes such as stylish fixtures, custom cabinetry, white oak flooring, contemporary tile, and an abundance of windows. Residents also benefit from central A.C. and in-unit laundry, along with large personal storage units included with each residence.
The property is located just steps from Forest Hills and close to the vibrant Roslindale Village, providing convenience for commuters.
The building is fully electric, eliminating the use of fossil fuels, and was constructed to meet HERS energy-efficiency guidelines.
The property is located just steps from Forest Hills and close to the vibrant Roslindale Village, providing convenience for commuters.
The building is fully electric, eliminating the use of fossil fuels, and was constructed to meet HERS energy-efficiency guidelines.
Key Highlights
- Newly constructed 6‑unit condominium building built in 2026
- One‑bedroom, one‑bath residences with central A.C. and in‑unit laundry
- Finishes include custom cabinetry, white oak flooring, and contemporary tile finishes
Local Financial Insights For Apartment 5plus
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 | $199.8k | $44.40 |
| − Vacancy | −$7.6k | −$1.69 |
| EGI | $192.2k | $42.71 |
| − OpEx | −$86.5k | −$19.22 |
| NOI | $105.7k | $23.49 |
4,500 SF · lease $44.40/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.51M
$1.32M – $1.76M
NOI $105,714 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,872 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Newly constructed six-unit building with one-bed, one-bath residences featuring central A.C. and in-unit laundry.
Where is this apartment building located?
The property is located at 3915 Washington Street Boston, MA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Newly constructed 6‑unit condominium building built in 2026; One‑bedroom, one‑bath residences with central A.C. and in‑unit laundry; Finishes include custom cabinetry, white oak flooring, and contemporary tile finishes
