176 Coleridge St Boston — Photo 1 of 15
$3,695,000
Investment Analysis — 176 Coleridge St
Boston, MA 02128 — East Boston
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02128 carries an estimated $3,290/mo in gross rent — about a 0.51% cap rate and $18,977/yr in estimated NOI at the $3,695,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,752
Style
Single Family
Built
1910
Developer Opportunity in Prime East Boston – Rare ½-acre parcel with 200’ of frontage and 100’ depth, zoned EBR-3, allowing up to six units per 55’ of frontage. Perfect for investment, new construction, or a custom project in one of Boston’s most desirable neighborhoods. Conveniently located just moments from the East Boston Yacht Club, Constitution Beach, Porrazzo Skating Rink, and Wood Island Bay Edge Park, this oversized lot blends coastal living with urban convenience. Residents can enjoy nearby tennis courts, a playground, scenic waterfront access, and beautiful harbor views, ideal for an active, outdoor lifestyle. Situated in a rapidly growing area with strong demand, and close to public transportation, Logan Airport, and East Boston’s vibrant dining, shopping, and cultural scene, this property offers immediate value and long-term upside. A unique opportunity to secure a premier development site in a high-demand location with exceptional potential.
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 2,752 sq ft principal dwelling). Lot size: 20,000 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path • T-Station
Geography
Property History
$3,695,000
Sep 2, 2026
MLS® 73570993
$3,795,000
Aug 27, 2026
MLS® 73495210
$3,795,000
Apr 2, 2026
MLS® 73495210
$3,995,000
Jul 17, 2025
MLS® 73351507
$3,995,000
Mar 28, 2025
MLS® 73351507
Listing Agent: Cutter Luxe Team
Listing Office: Cutter Luxe Living LLC
MLS® Number: 73570993
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