12 Shepard St Boston — Photo 1 of 6
$985,000
Investment Analysis — 12 Shepard St
Boston, MA 02135
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02135 carries an estimated $3,900/mo in gross rent — about a 2.72% cap rate and $26,810/yr in estimated NOI at the $985,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,192
Style
Single Family
Built
1925
Exceptional opportunity in a prime Brighton location. Situated on a 6,000-square-foot lot, this existing single-family home offers significant potential for redevelopment, expansion, renovation, or a new vision for the property, subject to all applicable zoning and approvals.Ideally positioned near Brighton Center and the Brookline line, with convenient access to public transportation, area hospitals, Whole Foods, restaurants, shops, and everyday amenities. The combination of a substantial lot and highly desirable location creates an exciting opportunity.A rare chance to unlock the potential of a well-located property in one of Brighton’s most convenient neighborhoods.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 596 sq ft (the lesser of 900 sq ft or half the 1,192 sq ft principal dwelling). Lot size: 6,000 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Anabela Gomes
Listing Office: Urban Realty
MLS® Number: 73580771
