OFF_MARKETRisky Deal5 days on market

159 W 3rd St #2

159 W 3rd St #2, South Boston, MA 02127, South Boston, MA 02127
$849,000
Zestimate®:$844,000

Listing Price

Property image 1
159 W 3rd St #2, South Boston, MA 02127
Loc: South Boston, MA
Days Listed
5
Tax Assessed
$771k
Zestimate®
$844k
Market Rate
Lot Size
1,153 sqft
Rent Estimate
$4,565/mo
Est. Cash Flow base
Type
townhouse

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

3

James F. Condon School

PK-8
0.2 mi away
2

Excel High School

9-12
0.6 mi away
5

Perkins Elementary School

PK-6
0.6 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.50%
Total ROI
34.9%
Cash Flow
$-1,928/mo
DSCR
0.56
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-18Sold$843,000$731
2026-05-02Contingent$849,000$736
2026-04-22Listed for sale$849,000$736
2026-04-20Contingent$849,000$736
2026-04-08Listed for sale$849,000$736
2024-11-01Sold$800,000$694
2024-09-22Contingent$819,000$710
2024-09-09Listed for sale$819,000$710
2024-08-18Listing removed$859,000$745
2024-07-29Listed for sale$859,000$745
2024-07-25Contingent$859,000$745
2024-07-10Listed for sale$859,000$745
2020-11-17Listing removed$3,200$3
2020-11-09Listed for rent$3,200$3
2020-08-31Listing removed$3,200$3
2020-08-20Listed for rent$3,200$3
2013-07-16Sold$528,000$458
2013-05-09Listed for sale$539,000$467
2007-04-17Sold$435,000$377
1988-04-15Sold$112,000$97

Tax History

YearProperty TaxTax Assessment
2025$8,925$770,700
2024$8,307$762,100
2023$7,947$739,900
2022$7,815$718,300
2021$7,664$718,300
2020$7,264$687,900
2019$6,714$637,000
2018$6,298$601,000
2017$967.11$556,500
2016$5,830$530,000
2015$5,829$481,300
2013$5,227$397,800
2012$4,876$373,900
2011$4,782$373,900
2010$4,442$373,900
2009$4,048$380,800
2008$4,177$380,800
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,153
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $849,000Rent Basis: Observed Comp Model ($4,565/mo)State Tax Benchmark: 1.23% (MA)Hazard Reserve: $248/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.50%

NOI: $29,725/yr

Cash-on-Cash Yield
-11.8%

On $195,270 invested

DSCR Ratio
0.56x

Negative debt coverage

5-Yr Leveraged ROI
+34.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.23% of basis)-$790/mo
Homeowner / Hazard Insurance-$248/mo
Vacancy Reserve (5% of rent)-$228/mo
Repairs & Maintenance (10% of rent)-$457/mo
Property Management (8% of rent)-$365/mo
Total Pure Operating Expenses-$2,088/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,565/mo
Less: Operating Expenses-$2,088/mo
Net Operating Income (NOI)+$2,477/mo
Less: Debt Service (30yr @ 6.75%)-$4,405/mo
Net Cash Flow
$-1,928/mo
$-23,138/year
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