Active
2 Days on market
18 Follen Street Boston — Photo 1 of 30

18 Follen Street Boston — Photo 1 of 30

$5,975,000

Investment Analysis — 18 Follen Street

Boston, MA 02116 — Back Bay

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02116 carries an estimated $9,170/mo in gross rent — about a 0.52% cap rate and $30,801/yr in estimated NOI at the $5,975,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

6

SqFt

3,743

Style

Multi Family

Built

2016

2016 New Construction/Gut Renovation of a 5-five story 2 unit brownstone offers a rare opportunity for multigenerational living, guest accommodations, owner occupied residence with income or au pair suite. Penthouse triplex with 3+ beds and ONLY 1 FLIGHT from the sidewalk features two living areas as well as rear and roof decks. Parlor duplex with 2 beds offers direct access to private patio and 2 full side-by-side parking spaces. Chef's kitchens with Thermodore appliances, gas fireplaces, central AC, open concept living, king-sized primary suites, walk-in closets, en-suite baths with step-in showers/double sinks, in unit laundry and oak hardwood floors. Follen Street is a peaceful dead end street on the Southwest Corridor that offers optimal proximity to private schools, dog parks, playgrounds, Pru Mall, Copley Square, Back Bay Trains and the conveniences of Boston's premier neighborhoods just moments from your door.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$5,975,000
Annual Taxes$52,829

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms11
Fireplaces2
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
Zoning00

Property & Lot

Acres--
SqFt Lot--
Lot FeaturesOther

Geography

Listing Provided By

Listing Agent: The Biega + Kilgore Team

Listing Office: Compass

MLS® Number: 73580492