Rare Jamaica Plain Two-Car
57 Cornwall St, Boston, MA 02130
For Sale
$85,000
Two-car garage in Jamaica Plain, convenient location, ideal for parking.
Property Size500 SF
Price / SF$170
Days on Market313
Property Features for 57 Cornwall St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
DMG Brokerage, LLC
(781) 591-3232
Listed By:
Jonathan Simon
(617) 895-9298
Source:
Corcoran
Added: Dec 30, 2025
Changed: Sep 4
Last Checked: Aug 25 at 5:06AM
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 DMG Brokerage, LLC
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Investment Insights
Based on property information with market context.
This rare two-car garage in Jamaica Plain is suitable for secure off-street parking or additional storage. The location provides convenient access to Downtown Boston, public transportation, Brookline, schools, and major routes. This garage offers a practical solution for guaranteed parking and year-round peace of mind. It is ideal for commuters, local residents, or investors seeking a low-maintenance urban asset. The property size is 500 square feet.
Key Highlights
- Rare 2‑car garage in Jamaica Plain.
- Secure off‑street parking** in the city.
- Convenient access to Downtown Boston, public transportation, Brookline, schools, and major routes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,262
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$105,240
$105.2K
Cap Rate 7%
$75,171
$75.2K
Cap Rate 9%
$58,467
$58.5K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$8.0K $16.08/SF
− Vacancy
−$523 −$1.05/SF
EGI
$7.5K $15.03/SF
− OpEx
−$2.3K −$4.51/SF
NOI
$5.3K $10.52/SF
Area
Boston, MA
Vacancy
6.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$105,240
Cap Rate 7%
$75,171
Cap Rate 9%
$58,467
Alternative Uses
Best Use
Retail
$115.3K
$100.9K – $134.5K
NOI $8,070 @ 7.0% cap · market cap 9.49%
Second Best
Industrial
$75.2K
$65.8K – $87.7K
NOI $5,262 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$374.4K
$327.6K – $436.8K
NOI $26,208 @ 7.0% cap · market cap 30.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,968
Businesses Nearby
40k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 26%
Electronics 5%
Mobil
Shops & Services
17,433 visits/mo
0.4 miles
McDonald's
Dining
10,565 visits/mo
0.4 miles
Santander Bank
Shops & Services
6,028 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
2,210 visits/mo
0.4 miles
Extra Space Storage
Shops & Services
2,176 visits/mo
0.1 miles
Demographics for 02130, MA
38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Parking lots & garages in Boston, MA
Properties on Market for Parking lots & garages in Boston
Vacancy Rate% for Retail in Boston, MA
Similar Off Market Nearby
- Mary's Rent a Car Travel Multi Services — 171 Green St, Jamaica Plain, MA 02130
- U-Haul Neighborhood Dealer — 1579 Columbus Ave, Boston, MA 02119
- Zipcar — 42 Ritchie St, Boston, MA 02119
Frequently Asked Questions
What type of property is this?
Parking lot & garage - Two-car garage in Jamaica Plain, convenient location, ideal for parking.
Where is this parking lot & garage located?
The property is located at 57 Cornwall St Boston, MA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Rare 2‑car garage in Jamaica Plain.; Secure off‑street parking** in the city.; Convenient access to Downtown Boston, public transportation, Brookline, schools, and major routes.
