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51 Hancock St #3 Boston — Photo 1 of 21

51 Hancock St #3 Boston — Photo 1 of 21

$349,000

Investment Analysis — 51 Hancock St #3

Boston, MA 02114 — Beacon Hill

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02114 carries an estimated $3,540/mo in gross rent — about a 6.60% cap rate and $23,050/yr in estimated NOI at the $349,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

1

SqFt

260

Style

Condominium

Built

1900

A Beacon Hill address with the city at your doorstep. Located at the corner of Hancock and Myrtle Streets, this garden-level studio offers an opportunity to own in one of Boston’s most distinctive neighborhoods. A shared patio provides outdoor space to relax and enjoy. Convenient access to universities, Mass General Hospital, and public transportation complements the neighborhood’s shops and dining. Explore the Charles River Esplanade, picnic in the Boston Public Garden, or stroll past the State House, all within minutes of this convenient location!!

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 MLS and other third-party data may be inaccurate or out of date.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$349,000
Annual Taxes$4,432
HOA Fee$400.2

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms2
FireplacesNone
FlooringTile
BasementN

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningCD

Property & Lot

Acres0.01
SqFt Lot260
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • House of Worship

Geography

Listing Provided By

Listing Agent: Joseph Kelley

Listing Office: Berkshire Hathaway HomeServices Warren Residential

MLS® Number: 73584882