89 Princeton St, Boston, MA 02128

5 beds, 3 baths, 3,000 sqft
For Sale by Owner
$700,000
Price cut: -$25,000
Zestimate®: $333,485
Est. Mortgage:

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fully renovated. current rents total $4000 per month. compared to the area the rents are low and could be raised slightly.
a $700,000 purchase price with 20% down would leave a mortgage on $560,000 of $3006 per month.
high estimate of taxes and insurance $500 per month.
$500 per month profit at current rent levels after payment for house.
assuming the total rents are at the current level of $4000 p/m, at this purchase price the rate of return on the mortgage is 5.46%
adding in the taxes and insurance the rate of return is 4.3% .
Facts
  • Lot: 1,400 sqft
  • Multi Family
  • Built in 1890
  • 5 days on Zillow
  • Cooling: None
  • Heating: Baseboard, Other
  • Last sold: Apr 2010 for $280,000
  • Price/sqft: $233
Features
  • Barbecue
  • Ceiling Fan
  • Double Pane/Storm Windows
  • Flooring: Hardwood, Tile
  • Parking: On street
  • Storage
  • Transportation
  • Unfinished basement
  • Vaulted Ceiling
Additional Features
  • Guest parking, Living room
Appliances Included
  • Dishwasher
  • Dryer
  • Freezer
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer
Room Types
  • Dining room
  • Family room
  • Laundry room
  • Office
  • Walk-in closet
Construction
  • Exterior material: Vinyl
  • Roof type: Other
  • Room count: 14
  • # Stories: 3.0
  • Unit count: 3
Other
  • Floor size: 3,000 sqft
  • Heating: Electric, Gas
  • Last remodel year: 2013
  • Laundry: In Unit
  • Parcel #: W:01 P:06595 S:000
  • Zillow Home ID: 59123996
Home Values
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$333,485
+$0 Last 30 daysd
$313K
$350K
Zestimate range
Rent Zestimate What's this?
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,165/mo
+$89 Last 30 daysd
$1.8K
$2.9K
Zestimate range

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Neighborhood for 89 Princeton Street

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Zillow predicts East Boston home values will increase 4% next year, compared to a 3.5% increase for Boston as a whole. Among East Boston homes, this home is 144.6% more expensive than the midpoint (median) home, but is priced 10.7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In East Boston, the number of foreclosures waiting to be sold is 55.2% higher than in Boston, and 41.6% lower than the national average. This higher local number may prevent East Boston home values from rising as quickly as other regions in Boston.

Learn more about forecast calculations or East Boston home values.
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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005
    Call: (617) 894-8055 Note: owner will work with buyer's agents

    Email successfully sent!Submission failed!

    Next: Find out what you can afford on Zillow Mortgage Marketplace.

    Get Pre-Approved

    Next: Get Pre-Approved

    A Zillow Confirmed Lender will call you.

    Contact me

    Thanks for using Zillow to find agents and lenders to help you with your home shopping.

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