2 Eugene Circle #24 Boston — Photo 1 of 21
$397,457
Investment Analysis — 2 Eugene Circle #24
Boston, MA 02130 — Jamaica Plain
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02130 carries an estimated $3,410/mo in gross rent — about a 6.50% cap rate and $25,842/yr in estimated NOI at the $397,457 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,028
Style
Condominium
Built
1988
Mayor's Office of Housing (MOH) Income Restricted Resale Condo in Jamaica Plain. This two-bedroom, three-level townhouse condo includes one bathroom, in-unit washer/dryer, common outdoor space, extra storage in the basement, and one deeded parking space. The Heath Street Green Line stop and multiple bus stops close by.This condo is subject to MOH approval of the buyer's eligibility application. To purchase, a 1-person household (HH) must earn under $96,000, a 2-person HH under $109,700, 3-person HH under $123,400, 4-person HH under $137,400, and 5-person HH under $148,100. Please inquire for larger HH sizes. Buyer(s) must obtain a 30-year fixed-rate mortgage conforming to Fannie Mae guidelines, with a Loan-to-Value (LTV) ratio less than or equal to 97% of the maximum resale price. Buyer(s) must also have less than $100,000 in countable assets (excluding many retirement and education savings accounts). 80% AMI Unit. Eligible buyer(s) must be first-time homebuyers, or have not owned property within the past three years. First showings at the Open House. Saturday, August 29th 11:30AM-1:30PM and Sunday, August 30th 12:30PM-2:30PM.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • T-Station • University
Geography
Listing Agent: Richard Hornblower
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73567716
