CCertihomes
9 Mckay Pl, Boston, MA 02128

$9,900,000

76 beds 198 baths 43,460 sqft Built 19004 days on marketActive

About this home

Unique opportunity for a savvy developer/investor to acquire a ZBA approved 41-unit condominium project in the heart of Jeffries Point East Boston. This five story corner development is permit ready featuring 17 one-bedrooms, 13 two-bedrooms and 11 three-bedroom units with 36 garage parking spaces, 44 enclosed bike spaces, gym, elevator and common roof deck. The site is ideally located near East Boston's Waterfront and East Boston's Greenway, five minute walking distance to Maverick T Station and a short walk to Logan Airport.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$59,937/mo

Real estate (PITI + HOA + PMI)
$62,384
Principal + interest$44,901
Property tax + insurance$13,770
PMI / 2nd mortgage$3,713
Utilities
$2,024
Heating + cooling$850
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$150
Car insurance + maintenance$150
Other (entertainment)
$158
$59,937/mo TLC
Budget$60,437/mo
Remaining after TLC$500/mo
Purchase price
$9,900,000
Down payment
$495,000 (5%)
Loan amount
$9,405,000
APR
4%

Quick facts

Type
5+ Family - 5+ Units Side by Side
Style
Year built
1900
Lot size
0.32 ac
Stories
5
Heating
Cooling
Water
Public
HOA
Annual tax
$37,473
MLS #
73211380
County
Suffolk

At a glance

Garage (36)

Home features

Sewer
Public Sewer

Lot features

Corner Lot

Neighborhood — 02128

MetricThis ZIPCountyUSA
Population36,2366,444,931299,088,112
Population Change Since199010.00%7.00%20.00%
Population Density6,945786
Male18,6203,127,134147,432,321
Female17,6163,317,797151,655,844
Never Married11,6411,612,88563,775,926
Married10,0882,586,314123,120,365
Separated2,943247,85712,639,686
Widowed1,963363,59415,467,586
Divorced2,206436,88823,075,029
Number Of House Hold13,5242,431,591111,826,380
Average House Hold Size2.652.562.60
Medial Age33.6737.2535.46
Median House Hold Income$34,978$57,698$48,276
Average House Hold Income$42,562$75,023$63,629
P C I$16,307$29,196$24,529
M D I$31,036$48,105$41,133
A T H E$39,339$57,083$50,898
S T R5.00%5.00%
W C J79.37%81.38%77.74%
(Zip) Code
2128

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 3/12/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.