CCertihomes
416 Harvard St, Boston, MA 02124

$2,400,000

12 beds 8 baths 4,710 sqft Built 20184 days on marketActive

About this home

TROPHY Ground-Up New Construction Dorchester Massive 4-Unit building available now with a huge parking lot! This impressive turnkey property offers an unparalleled investment opportunity in a prime location. Meticulously crafted and brand new, ensuring low-maintenance ownership. Each unit boasts a luxurious 3-bed, 2-bath condo-quality layout, showcasing exceptional craftsmanship! The potential for maximizing rental income is substantial, with the possibility to achieve rents up to $4, 000/month per floor. This translates to a gross income of $16, 000/month and an impressive $192, 000 annually. Featuring hardwood floors, central air, expansive open-layouts, lux spa bathrooms, chef-inspired kitchens, & large bedrooms, this building offers an array of desirable amenities. Strategically positioned in the heart of Boston, with close proximity to an abundance of public transit options, shops, restaurants, hospitals, and universities, this property presents an ideal investment opportunity!

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
$14,685/mo

Real estate (PITI + HOA + PMI)
$15,061
Principal + interest$10,885
Property tax + insurance$3,276
PMI / 2nd mortgage$900
Utilities
$590
Heating + cooling$133
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$125
Car insurance + maintenance$125
Other (entertainment)
$158
$14,685/mo TLC
Budget$15,185/mo
Remaining after TLC$500/mo
Purchase price
$2,400,000
Down payment
$120,000 (5%)
Loan amount
$2,280,000
APR
4%

Quick facts

Type
4 Family
Style
Year built
2018
Lot size
0.15 ac
Stories
10
Heating
Cooling
Water
Public
HOA
Annual tax
$11,302
MLS #
73235874
County
Suffolk

At a glance

Basement

Home features

Community
Public TransportationShoppingPoolTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatBike PathHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT-StationUniversity
Parking
Off StreetPaved
Flooring
Hardwood
Roof
Rubber
Sewer
Public Sewer

Lot features

Corner Lot

Neighborhood — 02124

MetricThis ZIPCountyUSA
Population44,8996,444,931299,088,112
Population Change Since19900.00%7.00%20.00%
Population Density14,047786
Male20,8703,127,134147,432,321
Female24,0303,317,797151,655,844
Never Married15,5981,612,88563,775,926
Married9,8632,586,314123,120,365
Separated3,182247,85712,639,686
Widowed1,946363,59415,467,586
Divorced2,736436,88823,075,029
Number Of House Hold15,3312,431,591111,826,380
Average House Hold Size2.912.562.60
Medial Age32.1737.2535.46
Median House Hold Income$40,201$57,698$48,276
Average House Hold Income$51,424$75,023$63,629
P C I$17,809$29,196$24,529
M D I$35,079$48,105$41,133
A T H E$44,462$57,083$50,898
S T R5.00%5.00%
W C J85.13%81.38%77.74%
(Zip) Code
2124

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 5/9/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.