74 School Street #2 Boston — Photo 1 of 23
$649,000
Investment Analysis — 74 School Street #2
Boston, MA 02129 — Charlestown
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02129 carries an estimated $3,380/mo in gross rent — about a 3.94% cap rate and $25,584/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
700
Style
Condominium
Built
1875
Ideally situated in the heart of Charlestown, this charming 1 bedroom, 1 bathroom home offers approx. 700 square feet of living space and the exceptional convenience of a deeded off-street parking spot with an EV Charger. Newly refinished original wide-plank pine floors add warmth and character throughout. The recently renovated kitchen opens to a spacious dining area that also offers flexibility for a home office or additional living space. At the front of the home, the bright living room features custom built-ins and abundant natural light, while the generously sized bedroom enjoys corner exposure. A private deck off the kitchen extends the living space outdoors and leads directly down to the deeded parking spot. Just moments from Charlestown’s shops, restaurants, parks and public transportation, with easy access to Downtown Boston. Additionally, generous basement storage adds exceptional functionality and usable space to the unit.
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 MLS and other third-party data may be inaccurate or out of date.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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Listing Agent: Tracy Shea
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73581415