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3 Days on market
300 Commercial Street #512 Boston — Photo 1 of 17

300 Commercial Street #512 Boston — Photo 1 of 17

$610,000

Investment Analysis — 300 Commercial Street #512

Boston, MA 02109

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02109 carries an estimated $3,710/mo in gross rent — about a 3.12% cap rate and $19,050/yr in estimated NOI at the $610,000 list price. Adjust every assumption in the calculator below.

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Beds

1

Baths

1

SqFt

577

Style

Condominium

Built

1900

Welcome home to Boston's waterfront at The Mariner, where the comforts of a full-service elevator building meet harbor living. This inviting one-bedroom residence features an open-concept main living area with high ceilings that flows out to a private, covered balcony, the perfect spot for morning coffee or hosting with a view of the city skyline. Other defining features include central air conditioning, in-unit laundry, and recessed lighting. Residents of The Mariner enjoy 24-hour concierge service, plus access to an oversized, furnished common roof deck with sweeping panoramic views of Boston Harbor. Originally built in 1911 and converted to condos in 1987, the building itself carries the character of Boston's storied waterfront. Recent noteworthy capital improvements within the association include a new cooling tower and boiler, roof, exterior façade coating, and an updated lobby and hallways. Improvements within the unit include a new HVAC system (2023), refrigerator (2023), and dishwasher (2023), washer and dryer (2022). Ideally located just steps from the Historic North End harborwalk, Hanover Street restaurants, the Financial District, and TD Garden. Pets are permitted with trustee approval.

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

Original Price$610,000
Annual Taxes$6,620
HOA Fee$680.42

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms3
FireplacesNone
FlooringParquet
BasementN

Climate & Utilities

HeatingHeat Pump
CoolingHeat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick, Stone
RoofRubber
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility

Geography

Listing Provided By

Listing Agent: Boston Real Estate Group

Listing Office: Compass

MLS® Number: 73578792