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Two-Story Residential Income Property
For Sale
$729,000

88 B St, Boston, MA 02127

Private roof deck, deeded garage parking, and a flexible upper-level area define this distinctive urban residence.

Property Size1,049 SF
Price / SF$694.95
Days on Market110

Property Features for 88 B St

General Information

Standard status Active
Size 1,049 SF
Total Parking Spaces 1
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

roof deck
wet bar
Range
Oven
Disposal
Refrigerator
Freezer
Washer
Dryer
Central Air
Forced Air
2.0 Stories
$9,042 Taxes
Public
Built in 2006

Building Details

Year Built 2006
Listing Agency: Keller Williams Boston MetroWest
Listed By: Nancy Antonio
Source: Donahuere
Added: Jun 18 Changed: Oct 4 Last Checked: Oct 4 at 6:12AM

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 Keller Williams Boston MetroWest

Investment Insights

Based on property information with market context.

This 1,049-square-foot, two-level residential property features an open interior arrangement with dedicated living and dining areas. The kitchen includes marble countertops and premium appliances. The main level also contains a bedroom with substantial closet space and large windows, along with a bathroom equipped with a double vanity, tiled shower, and separate tub. Upstairs, a flexible area with a wet bar extends to a private 15-by-15-foot roof deck with panoramic views of the Boston cityscape.

Deeded garage parking is included. The property is located at 88 B St in Boston, Massachusetts, and was built in 2006.

Key Highlights

  • 1,049‑square‑foot two‑story penthouse layout
  • Private 15'x15' roof deck with panoramic Boston cityscape views
  • Deeded garage parking included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,643
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$492,860 $492.9K
Cap Rate 7%
$352,043 $352.0K
Cap Rate 9%
$273,811 $273.8K
Market Conditions
NOI Build-Up for 1,049 SF
Gross rent
$46.6K $44.40/SF
− Vacancy
−$1.8K −$1.69/SF
EGI
$44.8K $42.71/SF
− OpEx
−$20.2K −$19.22/SF
NOI
$24.6K $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%
$492,860
Cap Rate 7%
$352,043
Cap Rate 9%
$273,811

Alternative Uses

Best Use
Apartment 5plus
$352.0K
$308.0K – $410.7K (±1% cap)
NOI $24,643 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$785.5K
$687.3K – $916.4K (±1% cap)
NOI $54,984 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Tanning Salon Plumbing Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,510
Businesses Nearby

Demographics for 02127, MA

37,939
Population
19,495
Households
1.9
Avg Household Size
31
Median Age
69%
College-Educated
95%
High-School Grad
2.1 sq mi
ZIP Area
18,066
Density / Sq Mi
$156,373
Median Household Income
$85,444
Median Earnings
$2,435
Median Rent
$858,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Private roof deck, deeded garage parking, and a flexible upper-level area define this distinctive urban residence.
Where is this residential income property located?
The property is located at 88 B St Boston, MA.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: 1,049‑square‑foot two‑story penthouse layout; Private 15'x15' roof deck with panoramic Boston cityscape views; Deeded garage parking included
More about this property
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