For SaleRisky Deal29 days on market
156 Porter St APT 240
156 Porter St APT 240, East Boston, MA 02128, East Boston, MA 02128
$499,743
Estimate®:$483,200
Listing Price
156 Porter St APT 240, East Boston, MA 02128
Loc: East Boston, MA
Days Listed
29
Tax Assessed
$429k
Estimate®
$483k
Market Rate
Lot Size
956 sqft
Rent Estimate
$2,830/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.
N/A
East Boston Early Childhood Center
PK-1
0.1 mi away
3
Umana/Alighieri K-8
PK-8
0.6 mi away
2
East Boston High School
7-12
0.7 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
industrial-loftbrick-facademulti-storylarge-windowsbalconiesprofessional-landscapingcontemporarycommercial-buildingurban-residentialsymmetrical-designasphalt-pathwaywell-maintainedresidential-complex
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.88%
Total ROI
43.1%
Cash Flow
$-978/mo
DSCR
0.62
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-978/mo net cash flow with a 3.9% 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 |
|---|---|---|---|
| 2026-08-18 | Listed for sale | $499,743 | $580 |
| 2019-09-11 | Sold | $335,899 | $390 |
| 2013-07-15 | Sold | $238,930 | $277 |
| 2009-06-01 | Sold | $195,000 | $226 |
| 2009-03-20 | Price change | $209,000 | $242 |
| 2009-01-27 | Listed for sale | $217,000 | $252 |
| 2006-05-10 | Sold | $219,000 | $254 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,727 | $408,200 |
| 2024 | $4,238 | $388,800 |
| 2023 | $3,977 | $370,300 |
| 2022 | $3,837 | $352,700 |
| 2021 | $3,584 | $335,899 |
| 2020 | $3,428 | $324,600 |
| 2019 | $3,258 | $309,100 |
| 2018 | $3,085 | $294,400 |
| 2017 | $243.86 | $280,400 |
| 2016 | $2,937 | $267,000 |
| 2015 | $3,080 | $254,300 |
| 2013 | $3,031 | $230,700 |
| 2012 | $2,865 | $219,700 |
| 2011 | $2,676 | $209,200 |
| 2010 | $2,439 | $205,300 |
| 2009 | $2,316 | $217,900 |
| 2008 | $2,276 | $207,500 |
| 2007 | $2,172 | $197,600 |
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