Triplex with Private
New
For Sale
$1,995,000
93 Easton Street, Boston, MA 02134
Residential Income, Boston, MA
Property Size3,663 SF
Lot Size0.09 Acres
Price / SF$544.64
Days on Market2
Property Features for 93 Easton Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
9
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 2, Bedroom 8, Bedroom 4, Bedroom 7, Bedroom 9, Bathroom 3, Bedroom 5, Bathroom 2
Parking
6
Directions
N. Harvard Street to Easton Street
Subdivision
Allston
Standard status
Active
APN
1207918
Size
3,663 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
19932
Amenities
private fenced-in yard
irrigation
composite decking
coin-op laundry
private storage rooms
Building Details
Year built
1905
Floors in Building
3
Number of units
3
Listing Agency:
RE/MAX Select Realty · RE/MAX International
(617) 787-9800
Listed By:
Kevin Cleary · License #449530776
(617) 787-9800
Added: Aug 27
Last Checked: Aug 28 at 5:06PM
MLS# 73568882
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,663-square-foot triplex contains three separately metered residences, each arranged with five rooms, three bedrooms, and one bathroom. Interior features include eat-in kitchens with appliances, granite countertops and walk-in pantries, along with tiled bathrooms, recessed lighting, hardwood floors, and high ceilings. Units 1 and 2 are leased, while Unit 3 is positioned for an owner-occupant. Coin-operated laundry and private storage rooms with optional washer and dryer hookups add functional amenities.
The property occupies 0.0867 acres and includes two separate driveways, ample parking, and a fenced private yard with irrigation. Newer composite decking, siding, and a rubber roof contribute to the exterior improvements. Located on Easton Street in Boston, the property is near the Cambridge line, Harvard expansion, Boston Landing, shops, restaurants, and commuter access to major routes. R3 zoning supports its multifamily configuration.
The property occupies 0.0867 acres and includes two separate driveways, ample parking, and a fenced private yard with irrigation. Newer composite decking, siding, and a rubber roof contribute to the exterior improvements. Located on Easton Street in Boston, the property is near the Cambridge line, Harvard expansion, Boston Landing, shops, restaurants, and commuter access to major routes. R3 zoning supports its multifamily configuration.
Key Highlights
- 3,663‑square‑foot triplex with three 5‑room units
- Each residence includes 3 bedrooms and 1 bathroom
- Units 1 and 2 are leased; Unit 3 offers owner‑occupant potential
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$92,561
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,851,220
$1.9M
Cap Rate 7%
$1,322,300
$1.3M
Cap Rate 9%
$1,028,456
$1.0M
Market Conditions
NOI Build-Up for 3,663 SF
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.
Gross rent
$138.5K $37.80/SF
− Vacancy
−$6.2K −$1.70/SF
EGI
$132.2K $36.10/SF
− OpEx
−$39.7K −$10.83/SF
NOI
$92.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,851,220
Cap Rate 7%
$1,322,300
Cap Rate 9%
$1,028,456
Alternative Uses
Best Use
Multifamily LT 5
$1.32M
$1.16M – $1.54M
NOI $92,561 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$1.23M
$1.08M – $1.43M
NOI $86,051 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$2.74M
$2.40M – $3.20M
NOI $192,000 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,455
Businesses Nearby
Explore this area
Business Placement
Demographics for 02134, MA
21,707
Population
9,027
Households
2.4
Avg Household Size
27
Median Age
76%
College-Educated
96%
High-School Grad
1.2 sq mi
ZIP Area
18,089
Density / Sq Mi
$75,317
Median Household Income
$49,275
Median Earnings
$2,269
Median Rent
$586,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered residences offer substantial layouts, dedicated parking, and durable exterior improvements.
Where is this triplex located?
The property is located at 93 Easton Street Boston, MA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 3,663‑square‑foot triplex with three 5‑room units; Each residence includes 3 bedrooms and 1 bathroom; Units 1 and 2 are leased; Unit 3 offers owner‑occupant potential
