Investment Analysis — 140 Callender St

Boston, MA 02124 — Dorchester

Based on rent reported on the MLS listing, a 6-unit multi-family in 02124 carries $16,506/mo in gross rent — about a 8.52% cap rate and $136,286/yr in estimated NOI at the $1,599,000 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

6,396

Style

5+ Family - 5+ Units Up/Down

Built

1920

The property is a six-unit apartment building in Dorchester Center, comprised entirely of spacious 2-bedroom/1-bath units offering strong rental appeal and versatile occupancy. The asset has been well maintained by a professional property management group, providing an investor immediate scale, steady income, and the flexibility to pursue value-add improvements. Dorchester has emerged as one of Boston's most dynamic, fast-growing neighborhoods, offering a rare mix of accessibility, character, and long-term upside just minutes from downtown. With Red Line and bus access, tree-lined streets, and an ever-expanding mix of restaurants and shops, Dorchester continues to draw renewed investment and rising demand, cementing its place among Boston's most sought-after residential submarkets.

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 MLS and other third-party data may be inaccurate or out of date.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.