187 Webster St, Boston MA 02128

Boston, MA 02128 • East Boston's Jeffries Point
$2,020,000
4
Beds
5
Baths
3,740
Sq Ft
$540
Price/Sq Ft
0.05
Acres
1905
Year Built
1
Parking
22
Days on Market
Sold Listed Apr 18, 2023 • MLS# 73099877 Copied! • Updated Jun 6, 2023

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Sale Statistics

Sale Overview
Original List Price: $1,999,999
Final Sale Price: $2,020,000
Difference: +$20,001 (+1.0%)
Performance Metrics
101.0%
List to Sale Ratio
Sold above asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $535
Sale $/sq ft: $540
This property sold for $540 per square foot
Sale Summary

This property sold for 1.0% above the original asking price, indicating strong buyer demand.

With only 22 days on market, this was a quick sale compared to typical market conditions.

About this home

WATERFRONT & TURN-KEY! Rarely available 4-unit brick trophy-property on the coveted waterside of Webster Street with spectacular A+ views of the Boston skyline! One of the last opportunities to own a full building that boasts both direct views onto historic Brophy Park as well as views of the Boston Harbor/skyline. This once in every 30-year opportunity is the ultimate choice for an owner-occupant looking to reside in the penthouse unit and rent the other three units. This property would also be an ideal buy/hold for any investment portfolio seeking to get into the red-hot Jeffries Point market. This one of a kind property consist of (3) recently updated one bedroom rental units (with additional possible expansion space into the basement area) and a penthouse duplex owner's unit with one off-street parking space. The building has undergone numerous capital improvements and all units are leased at top-market value with leases expiring 6/30/23.

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Recently Sold Nearby

Property History

Market Insights

1%
Price Range
24
Total Days on Market

Property Timeline

Sold
Jun 6, 2023
$2,020,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Apr 18, 2023
$1,999,999
Original listing
Agent: The Persac Group Office: Donnelly + Co.

Tax History

Year Taxes Assessment
2023 $9,118 $849,000

Financial Details

Annual Property Tax
$9,118
Tax Year 2023
Assessed Value
$849,000

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1905
Living Area 3,740 sq ft
Lot Size 0.05 acres
Bedrooms 4
Full Baths 5
Total Rooms 15

Investment Metrics

Units 4
Unit 1 Rent $2,150/mo · Y
Unit 2 Rent $1,900/mo · Y
Unit 3 Rent $2,390/mo · Y
Unit 4 Rent $3,450/mo
Total Monthly Rent $9,890/mo
Gross Income $77,280
Net Operating Income $77,280
Cap Rate 3.86%
Heating Baseboard, Natural Gas
Cooling None
Flooring None
Appliances Washer, Dryer
Fireplace None
Fireplaces 3
Basement Full
Laundry None
Features Storage, Central Vacuum, Laundry Room
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite
Features Off Street
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,118
Assessed Value $849,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Gross Taxes Do Not Included Residential Exemption Of $3, 456.50.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 24 days

Property Overview

Property Type
4 Family
Listing Type
Sold
Year Built
1905
Bedrooms
4
Full Bathrooms
5
Living Area
3,740 sq ft
Total Rooms
15
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring:
Appliances: Washer, Dryer
Interior Features: Storage, Central Vacuum, Laundry Room
Windows:
Basement: Full
Laundry:
Security: Security System

Construction & Materials

Year Built: 1905
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 5

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Special Features

Fireplaces: 3
Fireplace Type:
View: Yes
View Type: City View(s)
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
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
Adams Elementary School
< 0.1 mi | #770 of 825 | Score: 31.0
Dropped 91 spots from last year
-27.2 below state avg
222 students Moderate
Grades PK-06
D
McKay K-8 School
0.3 mi | #332 of 352 | Score: 27.4
Dropped 36 spots from last year
-30.8 below state avg
599 students Less Diverse
Grades PK-08
B+
Alighieri Dante Montessori School
0.5 mi | #5 of 12 | Score: 45.2
Improved 124 spots from last year
-13 below state avg
100 students Diverse
Rising School Strong Attendance
Grades PK-06
East Boston Central Catholic School
0.5 mi
Grades PK-08
C+
Otis Elementary School
0.7 mi | #541 of 825 | Score: 43.4
Dropped 150 spots from last year
-14.8 below state avg
414 students Moderate
Grades PK-06
C-
Kennedy Patrick J Elementary School
0.7 mi | #669 of 825 | Score: 37.4
Improved 48 spots from last year
-20.8 below state avg
285 students Less Diverse
Rising School
Grades PK-06
D
O'Donnell Elementary School
0.9 mi | #784 of 825 | Score: 29.9
Dropped 59 spots from last year
-28.3 below state avg
248 students Less Diverse
Grades PK-06
St. John Elementary School
1.0 mi
Grades PK-08
C+
Mario Umana Academy
1.0 mi | #11 of 16 | Score: 26.5
Improved 333 spots from last year
-31.7 below state avg
585 students Less Diverse
Rising School
Grades PK-08
A
Eliot K-8 Innovation School
1.0 mi | #47 of 352 | Score: 57.5
Improved 3 spots from last year
-0.7 below state avg
779 students Diverse
Strong Attendance
Grades PK-08
M

Middle Schools

10 schools
Middle School Academy
2.3 mi
F
Higginson/Lewis K-8 School
4.1 mi | #349 of 352 | Score: 23.2
Improved 3 spots from last year
-35 below state avg
246 students Diverse
Grades 03-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
4.2 mi | #4 of 16 | Score: 42.5
Improved 187 spots from last year
-15.7 below state avg
1,225 students Diverse
Rising School College Ready Curriculum
Grades 05-08
Nativity Prep School
4.6 mi
Grades 05-08
Dearborn Middle School
4.7 mi
Mother Caroline Academy
4.7 mi
Grades 05-08
Epiphany School
5.3 mi
Grades 05-08
C
Ohrenberger School
9.3 mi | #266 of 352 | Score: 35.0
Improved 19 spots from last year
-23.2 below state avg
458 students Diverse
Diverse Student Body
Grades 03-08
Edwards Middle
1.9 mi
UP Academy
2.3 mi
H

High Schools

10 schools
C-
East Boston High School
1.1 mi | #300 of 346 | Score: 38.2
Improved 36 spots from last year
-20 below state avg
1,181 students Moderate
14 sports • 584 athletes
Early College Program Rising School
Grades 07-12
D
Charlestown High School
1.7 mi | #319 of 346 | Score: 32.9
Improved 52 spots from last year
-25.4 below state avg
646 students Diverse
11 sports • 488 athletes
Early College Program Rising School
Grades 07-12
C
Quincy Upper School
2.0 mi | #279 of 346 | Score: 44.4
Dropped 7 spots from last year
-13.8 below state avg
575 students Very Diverse
12 sports • 208 athletes
Diverse Student Body
Grades 06-12
Cathedral High School
2.5 mi
9 sports • 430 athletes
Grades 07-12
Newman School
2.6 mi
Grades 07-12
C
Ruth Batson Academy
3.3 mi | #20 of 25 | Score: 29.1
Improved 345 spots from last year
-29.1 below state avg
584 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
B
Dearborn STEM Academy
3.6 mi | #13 of 25 | Score: 33.4
Improved 356 spots from last year
-24.8 below state avg
565 students Moderate
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
A-
O'Bryant School of Math & Science
3.7 mi | #90 of 346 | Score: 61.6
Improved 94 spots from last year
+3.4 above state avg
1,518 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
A+
Boston Latin School
3.9 mi | #20 of 346 | Score: 73.7
Improved 60 spots from last year
+15.5 above state avg
2,382 students Very Diverse
18 sports • 2,006 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
A+
Boston Latin Academy
4.3 mi | #2 of 25 | Score: 64.9
Improved 214 spots from last year
+6.7 above state avg
1,669 students Very Diverse
17 sports • 1,298 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
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Location

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Neighborhood

East Boston's Jeffries Point

187 Webster St, Boston MA 02128

Boston, MA 02128

Listing Information

Listing Agent The Persac Group
Listing Office Donnelly + Co.
Office Phone 617-982-0160
Agent MLS ID TM325140
Office MLS ID AN3373
Listing Data Updated Jun 6, 2023 5:10 PM EDT
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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