What is the estimated cap rate for 3 High Street Pl, Brookline, MA 02445?

Based on rent reported on the MLS listing, 3 High Street Pl, Brookline, MA 02445 (3 units) has an estimated 3.54% cap rate at its $2,195,000 list price, assuming $10,750/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 3 High Street Pl, Brookline, MA 02445?

The MLS listing reports about $10,750/month in total rent for a 3-unit multi-family in 02445. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active

2 Days on market

3 High Street Pl Brookline — Photo 1 of 41

$2,195,000

Investment Analysis — 3 High Street Pl

Brookline, MA 02445

Based on rent reported on the MLS listing, a 3-unit multi-family in 02445 carries $10,750/mo in gross rent — about a 3.54% cap rate and $77,721/yr in estimated NOI at the $2,195,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,819

Style

3 Family

Built

1910

We are pleased to present 3 High Street Place, a three-unit multifamily property in Brookline Village, one block from Route 9 and a short walk from the Brookline Village Green Line station. Offered at $2,195,000, or $731,667per unit and $770.18 per square foot, the property brings a roster of all two-bedroom apartments to one of Greater Boston's most established rental submarkets.Built in 1910, the building holds three identical two-bedroom apartments set on a0.075-acre lot zoned M10. The building was gut-renovated in 2022 — all systems, windows, and the roof replaced — leaving a simple product to lease and manage. Heat is gas-fired hot water; tenants pay their own electricity on separate meters, while ownership carries water and sewer, and trash. The property draws on Brookline'sschools, transit, and proximity to the Longwood Medical Area.

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.

Financials

Original Price$2,195,000

Annual Taxes$20,319

Parking

Garage0

Off-Street3

Interior Specifications

Total Rooms15

FireplacesNone

FlooringWood

BasementPartially Finished

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationStone

ZoningM10

Property & Lot

Acres0.07

SqFt Lot2,879

Lot FeaturesEasements, Level

Neighborhood

Public Transportation • Park • Medical Facility • Highway Access • Public School • T-Station

Geography

Listing Provided By

Listing Agent: Francis Saenz

Listing Office: Northeast Private Client Group

MLS® Number: 73577192