For SaleRisky Deal5 days on market
357 Sumner St #2
357 Sumner St #2, East Boston, MA 02128, East Boston, MA 02128
$599,000
Estimate®:$582,700
Listing Price
357 Sumner St #2, East Boston, MA 02128
Loc: East Boston, MA
Days Listed
5
Tax Assessed
$567k
Estimate®
$583k
Market Rate
Lot Size
1,002 sqft
Rent Estimate
$3,292/mo
Est. Cash Flow base
Type
condo
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.
5
Adams Elementary School
PK-6
0.1 mi away
3
Umana/Alighieri K-8
PK-8
0.9 mi away
2
East Boston High School
7-12
1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
open conceptcontemporarytransitionalmodernneutral color palettehardwood floorssectional sofaceiling fanaccent wallintegrated dining areaspaciouswell-litminimalistresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.56%
Total ROI
36.3%
Cash Flow
$-1,330/mo
DSCR
0.57
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,330/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in East Boston, MA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $599,000 | $598 |
| 2020-12-05 | Listing removed | $2,200 | $2 |
| 2020-11-20 | Price change | $2,200 | $2 |
| 2020-11-10 | Price change | $2,400 | $2 |
| 2020-10-07 | Price change | $2,200 | $2 |
| 2020-09-18 | Price change | $2,400 | $2 |
| 2020-08-18 | Listed for rent | $2,500 | $2 |
| 2015-05-21 | Sold | $405,000 | $404 |
| 2015-04-01 | Pending sale | $369,000 | $368 |
| 2015-03-25 | Listed for sale | $369,000 | $368 |
| 2011-11-05 | Listing removed | $239,000 | $239 |
| 2011-10-13 | Price change | $239,000 | $239 |
| 2011-09-08 | Listed for sale | $249,000 | $249 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,567 | $567,100 |
| 2024 | $5,943 | $545,200 |
| 2023 | $5,738 | $534,300 |
| 2022 | $5,590 | $513,800 |
| 2021 | $5,323 | $498,900 |
| 2020 | $4,585 | $434,200 |
| 2019 | $4,162 | $394,900 |
| 2018 | $3,942 | $376,100 |
| 2017 | $798.6 | $342,000 |
| 2016 | $3,194 | $290,400 |
| 2015 | $2,635 | $217,600 |
| 2013 | $2,707 | $206,000 |
| 2012 | $2,669 | $204,700 |
| 2011 | $2,618 | $204,700 |
| 2010 | $2,457 | $206,800 |
| 2009 | $2,453 | $230,800 |
| 2008 | $2,807 | $255,900 |
| 2007 | $2,812 | $255,900 |
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