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Property profile & analytics

978-980 Bennington St East Boston, MA 02128

  • Retail space
  • 858 SF
  • 0.03 lot acres
OFF-MARKET
Value Estimations
$230,000
Show details
Cap Rate Potential
5.9%
Retail space
Location Intelligence
Property ID
US38-0331242
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 978-980 Bennington St

Year built
1920
Construction
FRAME
Lot size
0.03 lot acres
Property size
858 SF
Zone code
C
Property type
Retail space
APN
EBOS W:01 P:01649 S:001
APU
EBOSW01P01649S001

Description

This exceptional 0.03-acre lot at 978-980 Bennington St., Boston, MA 02128, presents a compelling development opportunity in the thriving Orient Heights neighborhood of East Boston. Located just one block from the Orient Heights Train Station, this property is zoned Neighborhood Shopping (NS), offering significant potential for conversion into a mixed-use development. Currently occupied by a two-level business operating as a beauty salon, the property is being sold "As Is" with no warranties or guarantees. The sale includes the existing beauty salon business in its entirety. Prospective buyers are strongly encouraged to conduct thorough due diligence to verify zoning compliance and suitability for their intended use. The asking price for this unique investment opportunity is $849,900. This prime location and flexible zoning make this an ideal investment for developers seeking to capitalize on the area's rapid growth and high demand. Buyers are responsible for verifying all aspects of zoning regulations and permissible uses before making an offer. The property's strategic location and the inclusion of an established business add significant value to this already attractive investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $235,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $230,000
    6.5%
    $215,000
    7%
    $200,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $163,000
    Market price range: $42.2k - $221k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
East Boston
County
Suffolk
State
Massachusetts
Longitude
-71.0078
Latitude
42.3866
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,844
$52,300
$139,400
$191,700
-
$0.00
$0.00
$0.00
More about this property
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