
24 Vassar St Boston — Photo 1 of 11
$3,250,000
Investment Analysis — 24 Vassar St
Boston, MA 02121
Based on rent reported on the MLS listing, a 3-unit multi-family in 02121 carries $10,284/mo in gross rent — about a 2.42% cap rate and $78,797/yr in estimated NOI at the $3,250,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
3,207
Style
3 Family
Built
1905
24 Vassar St is a CROWN JEWEL ASSET delivering a spectacular DOUBLE EXPANSION MEGAPLAY & HIGH-MARGIN CONVERSION! Capitalize on monumental profits from the roof down. This pristine, turn-key 3-family powerhouse is an ideal candidate for luxury condo conversion to UNLOCK MAXIMUM RESALE VALUES. A meticulous 2018 gut rehab inside and out beautifully preserves its timeless 1905 Dorchester charm across 3 FLAWLESS UNITS boasting hardwood floors, BESPOKE QUARTZ KITCHENS, and high-end stainless appliances with identical, spacious 3-bedroom layouts each. .UNMATCHED EQUITY SCALE: Capitalize on rare air rights to build upward for a 5th-unit penthouse! The massive open basement offers a clean slate for structural build-out with ADU potential. Early-stage DRAFT condo conversion documents—including the draft Master Deed, Declaration of Trust, Site Plan, and Plot Plan—are completed and will transfer entirely to the buyer as drafts for final municipal filing.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Property History
$3,250,000
Sep 18, 2026
MLS® 73580390
$1,260,000
Feb 18, 2026
MLS® 73472935
$1,260,000
Jan 30, 2026
MLS® 73472935
Listing Agent: Jonathan Minerick
Listing Office: homecoin.com
MLS® Number: 73580390