3 months on rocket

515R Norfolk St, Boston, MA, 02126

$1,500,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
5 Full Baths
5,237 SqFt
$286/SqFt
Multi

Location

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515R Norfolk St, Boston$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Garage3 spaces
Year Built1905
BasementYes
MLS #73270433
Lot Size0.32 Acres
StatusActive

About 515R Norfolk St

GIGANTIC 4 FAMILY BOSTON AREA MATTAPAN PROPERTY PERFECT FOR OWNER OCCUPANTS OR INVESTORS! 2 of 4 units are vacant and are ready for owner occupancy or top dollar rental! Introducing a prime investment opportunity:spacious 4-unit property in the heart of Mattapan on a HUGE 14,000 sq ft lot! Ideal for investors or owner-occupiers, this property is situated in a vibrant neighborhood with easy access to public transit and Downtown Boston. It features 4 expansive units, ample on-site parking, garage space, individually metered utilities, and efficient systems. Currently a well-stabilized income generator, this property offers significant potential to increase rents and boost cash flow. Take advantage of Mattapan's dynamic growth and unlock substantial future value. Just minutes from Mattapan Square, this centrally located building is in one of Boston's most convenient neighborhoods. Don’t miss out on the premier investment opportunity of the year!

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Living Area: 5,237 SqFt

Listing Office:

  • Office Name: Stony Brook & Lennox Realty Advisors
  • Office Phone: (617) 531-9077
  • Listing Agent: Markese Daise

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.32 Acres

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $286/SqFt
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Housing Market Comparison

See how this home compares to others in Boston, MA.

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Boston, MA

City

Med. Sold Price

$815.9K

Med. Price/SqFt

$660

Avg. Days On Market

40

# of Sold Homes

322

515R Norfolk St vs Boston

115 DAYS ON ROCKET

+75 Days

$1,500,000

+$684K More

$286/SqFt

-$375 Less

KEY TAKEAWAY

This property is $684K more than the Median Sold Price and $375/SqFt less than other homes in Boston, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73270433

Listing Office:

  • Office Name: Stony Brook & Lennox Realty Advisors
  • Office Phone: (617) 531-9077
  • Listing Agent: Markese Daise

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$7,554

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-277738
4
/10

  • Ellison / Parks Early Education School

  • 108 Babson St

  • 0.31 miles

  • Public District Grades EE-3

school-card-donut-277739
2
/10

  • Pauline Agassiz Shaw Elementary School

  • 429 Norfolk St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-277740
3
/10

  • Mattahunt Elementary School

  • 100 Hebron St

  • 0.53 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,931. Most Boston, MA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Suffolk County›Boston›02126›515R Norfolk St

This home is located at 515R Norfolk St in Boston, MA and zip code 02126 in the Mattapan neighborhood. This 5,237 square foot home, which was built in 1905, sits on a 0.32 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 28, 2024 and is currently priced at $1,500,000.

Over 106 listings were sold over their listed price in October 2024 in Boston, MA. In the same period over 167 listings were sold below the listed price and 49 listings were sold for the listed price. The number of homes for sale in Boston, MA increased by 9.7% between September 2024 and October 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $815,961.

From Rocket Homes Real Estate and based on county public records data.

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