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7 Corbet Street, Boston MA 02124

Boston, MA 02124 • Dorchester
$490,000
3
Beds
3
Baths
1,897
Sq Ft
$258
Price/Sq Ft
0.03
Acres
1900
Year Built
242
Days on Market
Closed Listed Apr 3, 2018 • MLS# 72302050 Copied! • Updated Jan 7, 2019

Sale Statistics

Sale Overview
Original List Price: $575,000
Final Sale Price: $490,000
Difference: $85,000 (-14.8%)
Performance Metrics
85.2%
List to Sale Ratio
Sold below asking price
242
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $303
Sale $/sq ft: $258
This property sold for $258 per square foot
Sale Summary

This property sold for 14.8% below the original asking price.

At 242 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$258/sq ft
Area Average
$343/sq ft
Difference
24.7%

This property sold below the area average, potentially representing good value for the buyer.

About this home

3 FAMILY IN EXCELLENT CONDITION. ALL 3 UNITS ARE ONE BEDROOMS AND UNITS 1 & 3 ARE RENTED FOR $1,350 PER MONTH TO THE SAME NON PROFIT WHILE UNIT 2 IS A SUBSIDIZED TENANT WITH A $0.00 PORTION RENTED FOR $1,300 PER MONTH. LANDLORD RECEIVES 2 CHECKS EVERY MONTH FOR ENITRE RENT ($4,000) FOR ALL 3 UNITS. THIS PROPERTY HAS AT LEAST 60% LESS MAINTENANCE RELATED EXPENSES THEN A NORMAL 3 FAMILY DUE TO THE TYPE OF TENANCIES IN PLACE. THESE LOW OPERATING EXPENSES WHEN COUPLED WITH THE 100% GUARANTEE OF RECEIVING ALL OF THE RENT EVERY MONTH MAKES THIS AN INCREDIBLE INVESTMENT OPPORTUNITY. THIS INVESTMENT PROPERTY IS A RARE ONE, IT ACTUALLY PROVIDES THE RETURN CALCULATED BECAUSE EXPENSES ARE SO LOW AND VACANCY/CREDIT LOSS DO NOT EXISIT.

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Recently Sold Nearby

Property History

Market Insights

38.7%
Price Range
241
Total Days on Market

Property Timeline

Current Active Listing - MLS #73528899
Full transaction history available when tracking began
🏡
Currently Listed
Jun 3, 2026
$799,000
MLS #73528899 - Active
Sold
Jan 4, 2019
$490,000
Property sold
Days on Market: 241
🏠
Listed for Sale
Apr 3, 2018
$499,900
Original listing
Agent: Benjamin Virga Office: Bridgestone Properties, LLC

Tax History

Year Taxes Assessment
2018 $3,915 $373,600

Financial Details

Annual Property Tax
$3,915
Tax Year 2018
Assessed Value
$373,600

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 1,897 sq ft
Lot Size 0.03 acres
Bedrooms 3
Full Baths 3
Total Rooms 9

Investment Metrics

Units 3
Unit 1 Rent $1,350/mo · Y
Unit 2 Rent $1,300/mo · Y
Unit 3 Rent $1,350/mo · Y
Total Monthly Rent $4,000/mo
Gross Income $48,600
Net Operating Income $48,600
Cap Rate 9.72%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,915
Assessed Value $373,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Letters Of Compliance For Units 2 And 3 And Unit 1 Is Unknown In Regards To Lead Paint
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 241 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
3
Living Area
1,897 sq ft
Total Rooms
9
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:
School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
1.8% below state avg
E

Elementary Schools

10 schools
D
Shaw Elementary School
0.2 mi | #783 of 824 | Score: 29.8
Improved 54 spots from last year
-28.4 below state avg
528 students Moderate
Rising School
Grades PK-06
Berea SDA Academy
0.2 mi
Grades PK-08
F
Young Achievers Elementary School
0.6 mi | #347 of 352 | Score: 24.1
Dropped 5 spots from last year
-34.1 below state avg
489 students Diverse
Grades PK-08
D
Lee K-8 School
0.6 mi | #335 of 352 | Score: 27.1
Improved 8 spots from last year
-31.1 below state avg
551 students Diverse
Grades PK-08
D
Mildred Avenue K-8 School
0.6 mi | #330 of 352 | Score: 27.9
Dropped 8 spots from last year
-30.3 below state avg
601 students Diverse
Grades PK-08
C-
Codman Academy Charter Public School
0.7 mi | #293 of 346 | Score: 40.3
Dropped 9 spots from last year
-17.9 below state avg
344 students Moderate
College Ready Curriculum
Grades PK-12
C
KIPP Academy Boston Charter School
0.7 mi | #277 of 352 | Score: 33.8
Improved 31 spots from last year
-24.4 below state avg
646 students Diverse
Rising School
Grades K-08
D
Henderson K-12 Inclusion School Upper
0.7 mi | #315 of 346 | Score: 34.7
Improved 34 spots from last year
-23.5 below state avg
631 students Diverse
Rising School Diverse Student Body
Grades 02-12
A
Brooke Charter School Mattapan
1.0 mi | #45 of 346 | Score: 67.9
Improved 79 spots from last year
+9.7 above state avg
2,216 students Diverse
Rising School College Ready Curriculum
Grades K-12
D
Greenwood Sarah K-8 School
1.0 mi | #334 of 352 | Score: 27.2
Same rank as last year
-31 below state avg
357 students Less Diverse
Grades PK-08
M

Middle Schools

10 schools
Epiphany School
1.1 mi
Grades 05-08
Dearborn Middle School
1.7 mi
Mother Caroline Academy
1.7 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
2.0 mi | #4 of 16 | Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students Diverse
Rising School College Ready Curriculum
Grades 05-08
F
Higginson/Lewis K-8 School
2.6 mi | #349 of 352 | Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students Diverse
Grades 03-08
Nativity Prep School
2.8 mi
Grades 05-08
C
Ohrenberger School
3.7 mi | #265 of 352 | Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students Diverse
Rising School Diverse Student Body
Grades 03-08
Middle School Academy
3.9 mi
Frederick Pilot Middle
1.8 mi
Irving Middle
2.1 mi
H

High Schools

10 schools
B+
TechBoston Academy
0.4 mi | #11 of 25 | Score: 34.1
Improved 349 spots from last year
-24.1 below state avg
850 students Diverse
Rising School
Grades 07-12
A-
Boston Preparatory Charter Public School
2.0 mi | #8 of 25 | Score: 41.6
Improved 287 spots from last year
-16.6 below state avg
700 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
D
English High School
2.1 mi | #324 of 346 | Score: 29.7
Improved 34 spots from last year
-28.5 below state avg
720 students Moderate
8 sports • 332 athletes
Rising School Career Tech Programs
Grades 07-12
C+
New Mission High School
2.2 mi | #240 of 346 | Score: 47.3
Improved 88 spots from last year
-10.9 below state avg
715 students Diverse
13 sports • 458 athletes
Early College Program High Graduation Rate Rising School Diverse Student Body
Grades 07-12
A+
Boston Latin Academy
2.3 mi | #2 of 25 | Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students Very Diverse
17 sports • 1,298 athletes
High Graduation Rate Rising School Strong Athletics Diverse Student Body
Grades 07-12
B-
Margarita Muniz Academy
2.3 mi | #14 of 25 | Score: 31.3
Improved 349 spots from last year
-26.9 below state avg
428 students Less Diverse
Strong AP Program Rising School
Grades 07-12
Meridian Academy
2.3 mi
Grades 06-09
B
Dearborn STEM Academy
3.0 mi | #13 of 25 | Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students Diverse
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
C
Ruth Batson Academy
3.2 mi | #19 of 25 | Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
A-
O'Bryant School of Math & Science
3.3 mi | #90 of 346 | Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
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Location

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Neighborhood

Dorchester

7 Corbet Street, Boston MA 02124

Boston, MA 02124

Listing Information

Agent MLS ID BB922207
Office MLS ID BB8195
Listing Data Updated Jan 7, 2019 8:04 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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