3 months on rocket

515 Norfolk St, Boston, MA, 02126

$1,488,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
4 Full Baths
5,237 SqFt
$284/SqFt
Multi
Schools Nearby

Location

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515 Norfolk St, Boston$1,488,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Garage2 spaces
Year Built1905
BasementYes
MLS #73191910
Lot Size0.32 Acres
StatusActive

About 515 Norfolk St

Introducing an exceptional investment opportunity to acquire a substantially large 4-unit BOSTON property in the heart of Mattapan, sitting on a generous 14,000 sq ft lot! Perfect for an investor or a buyer looking to owner occupy! Situated in a thriving Boston- Mattapan neighborhood with convenient access to public transit and just moments away from Downtown Boston, this building boasts 4 very spacious units, ample on-site parking, garage space, separately metered utilities, and efficient systems. This building is currently a well stabilized cash cow; with significant potential to increase rents and enhance cash flow. The property showcases excellent value with tremendous potential for rent increases. Capitalize on the thriving momentum in Mattapan while unlocking substantial growth potential for the future. Mattapan Square is minutes away & the building is centrally located in one of Boston's most accessible neighborhoods. This is 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
  • Listing Agent: Markese Daise

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.32 Acres

School Info

Assigned Schools Information:

  • Boston Community Leadership Academy, Public District Grades 9-12
  • Jeremiah E Burke High School, Public District Grades 9-12
  • Community Academy of Science and Health, Public District Grades 9-12
  • Mildred Avenue K-8, Public District Grades 4-8
  • Joseph Lee, Public District Grades PK-8
  • Sarah Greenwood, Public District Grades PK-8
  • Charles H Taylor, Public District Grades PK-5
  • James J Chittick, Public District Grades PK-5
  • O W Holmes, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,488,000
  • Price Per SqFt: $284/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
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Housing Market Comparison

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

Med. Sold Price

$803.9K

Med. Price/SqFt

$650

Avg. Days On Market

41

# of Sold Homes

294

515 Norfolk St vs Boston

109 DAYS ON ROCKET

+68 Days

$1,488,000

+$684K More

$284/SqFt

-$366 Less

KEY TAKEAWAY

This property is $684K more than the Median Sold Price and $366/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: #73191910

Listing Office:

  • Office Name: Stony Brook & Lennox Realty Advisors
  • 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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 9:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,528

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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.

Elementary School

school-card-donut-2091550
4
/10
  • Charles H Taylor

  • 1060 Morton St

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-2091551
3
/10
  • James J Chittick

  • 154 Ruskindale Rd

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-2091552
3
/10
  • O W Holmes

  • 40 School St

  • 1.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2091553
4
/10
  • Mildred Avenue K-8

  • 5 Mildred Ave

  • 0.16 miles

  • Public District Grades 4-8

school-card-donut-2091554
3
/10
  • Joseph Lee

  • 155 Talbot Ave

  • 1.02 miles

  • Public District Grades PK-8

school-card-donut-2091555
3
/10
  • Sarah Greenwood

  • 189 Glenway St

  • 1.30 miles

  • Public District Grades PK-8

High School

school-card-donut-2091556
1
/10
  • Boston Community Leadership Academy

  • 655 Metropolitan Ave

  • 1.82 miles

  • Public District Grades 9-12

school-card-donut-2091557
4
/10
  • Jeremiah E Burke High School

  • 60 Washington St

  • 1.99 miles

  • Public District Grades 9-12

school-card-donut-2091558
1
/10
  • Community Academy of Science and Health

  • 11 Charles St

  • 2.08 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,385. Residents of Boston, MA typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesMassachusettsSuffolk CountyBoston02126515 Norfolk St

This home is located at 515 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, 4 bathrooms. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $1,488,000.

While more than 94 listings in Boston, MA in March 2024 were sold above asking price, there were more than 64 listings sold at asking price, and more than 136 were sold below. The number of listings in Boston, MA increased by 18.1% between February 2024 and March 2024. In March 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $803,954.

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

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