3-Unit Multifamily
9-11 Newhall Pl, Boston, MA 02122
For Sale
$1,049,000
The building spans three levels and includes off-street parking.
Property Size1,900 SF
Price / SF$306.73
Days on Market20
Property Features for 9-11 Newhall Pl
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Stories
Listing Agency:
MIG
(617) 651-5406
Listed By:
Milton Baptista
(617) 669-6970
Source:
Iverty
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 6:24AM
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 MIG
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 9-11 Newhall Place, this 3,420-square-foot triplex contains three residential units arranged across three levels. Built in 1900, the property also has off-street parking.
Public transportation, shops, restaurants, parks, and major commuter routes are nearby.
Public transportation, shops, restaurants, parks, and major commuter routes are nearby.
Key Highlights
- Three residential units across three levels
- 3,420 square feet of building area
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,421
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,728,420
$1.7M
Cap Rate 7%
$1,234,586
$1.2M
Cap Rate 9%
$960,233
$960.2K
Market Conditions
NOI Build-Up for 3,420 SF
Gross rent
$129.3K $37.80/SF
− Vacancy
−$5.8K −$1.70/SF
EGI
$123.5K $36.10/SF
− OpEx
−$37.0K −$10.83/SF
NOI
$86.4K $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 Rate 5%
$1,728,420
Cap Rate 7%
$1,234,586
Cap Rate 9%
$960,233
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M
NOI $86,421 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,343 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,263 @ 7.0% cap · market cap 17.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 02122, MA
24,385
Population
10,039
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
14,344
Density / Sq Mi
$82,945
Median Household Income
$53,897
Median Earnings
$2,052
Median Rent
$656,400
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Boston, MA
Properties on Market for Triplexes in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The building spans three levels and includes off-street parking.
Where is this triplex located?
The property is located at 9-11 Newhall Pl Boston, MA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Three residential units across three levels; 3,420 square feet of building area; Built in 1900
