103 West Springfield Street Boston — Photo 1 of 42
$3,495,000
Investment Analysis — 103 West Springfield Street
Boston, MA 02118 — South End
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02118 carries an estimated $3,480/mo in gross rent — about a 0.34% cap rate and $11,826/yr in estimated NOI at the $3,495,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,132
Style
Single Family
Built
1856
There is room for the whole family in this remarkably renovated home, a beautiful blend of modernism and original detail that is timeless. Built in 1856 for clipper ship sea captain Jeremiah White, there are 4 bedrooms, 3 and a half baths, original fireplaces, moldings and hardwood floors throughout. The eat-in kitchen with vented gas cooking is open to the dining/sitting area with direct access to the large patio for easy entertaining and grilling. The floor above has a sunny and spacious living room with a bay window and adjacent library with a built-in bar. The full-floor primary suite has a walk-in closet and gorgeous bath with twin vanities, WC, heated floors and large shower with a bench. The top floor has 2 bedrooms sharing a Jack & Jill bath with a tub and a laundry room. The garden level has a guest suite with a private entrance, a utility room and additional laundry room. There is a central heat pump HVAC system with 5 zones and 2 rental garage spaces just around the corner!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,132 sq ft principal dwelling). Lot size: 968 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Disposal • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Sprogis Neale Doherty Team
Listing Office: Sprogis & Neale Real Estate
MLS® Number: 73532800
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