589 Saratoga St, Boston MA 02128

Boston, MA 02128 • East Boston
$949,900
Est. $5,659/month
5
Beds
3
Baths
2,025
Sq Ft
$469
Price/Sq Ft
0.06
Acres
1910
Year Built
41
Days on Market
For Sale Listed Jul 7, 2026 • MLS# 73545445 Copied! • Updated Jul 23, 2026

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About this home

Exceptional investment opportunity in the heart of East Boston, offering an estimated 9.97% cap rate based on actual 2024 Airbnb income and estimated operating expenses! This well-kept property is successfully operating as a licensed SHORT-TERM (AIRBNB) rental, offering outstanding income potential. The seller reports STRONG seasonal revenue during it's peak season & an excellent occupancy rate! Upgrades in both units feature 2025 MINI SPLIT SYSTEM, granite countertops, stainless steel appliances, & modern finishes, while the exterior is finished with durable, low-maintenance HardiePlank siding. AS A BONUS the partially finished basement offers flexible space for a home office, gym, or storage. Located approximately < 2 miles from Logan International Airport with easy access to public transportation (Orient Heights & Suffolk Downs), restaurants, shopping, & major commuter routes, RT 1A, I-93, and more! This is a perfect investment opportunity complete with gas heating and gas hot water, and separate electrical utilities. Don't miss this rare investment opportunity in East Boston!

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Property History

Property Timeline

🏠
Listed for Sale
Jul 7, 2026
$949,900
Original listing
Agent: Zambrano Properties & Associates Office: RE/MAX 360

Tax History

Year Taxes Assessment
2025 $7,866 $679,300

Financial Details

Annual Property Tax
$7,866
Tax Year 2025
Assessed Value
$679,300

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1910
Living Area 2,025 sq ft
Lot Size 0.06 acres
Bedrooms 5
Full Baths 3
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent $4,083/mo · N
Unit 2 Rent $4,083/mo · N
Total Monthly Rent $8,166/mo
Gross Income $97,992
Net Operating Income $97,992
Cap Rate 10.32%
Heating None
Cooling None
Flooring Wood, Tile, Hardwood
Appliances Range, Microwave, Refrigerator, Dishwasher
Fireplace None
Fireplaces 1
Basement Full, Partially Finished
Laundry None
Features Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen
Construction None
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $7,866
Assessed Value $679,300
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures The Monthly Rent Figures In Mls Reflect Approx. Annualized Gross Short-term Rental Revenue Based On The Property’s 7-month Peak Season Performance & Not Long-term Lease Rents. The Property Is Currently Operated As A Short-term Rental. Buyers Do Your Due Diligence. 3rd Br In Unit 2 Has No Closet.
Exclusions Washer And Dryers And Personal Property. Open To Negotiate Items
Possession None
Accepted Financing None
Structure Type []
House Color Green
Sq Ft Source Other
Sq Ft Disclosures Buyer to confirm living area. Please do your due diligence. Living area is an ESTIMATE based.
Documents None
County Suffolk
Total market time (incl. prior listings) 17 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
5
Full Bathrooms
3
Living Area
2,025 sq ft
Total Rooms
9
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances: Range, Microwave, Refrigerator, Dishwasher
Interior Features: Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen
Windows:
Basement: Full, Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Other
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Parking Features:

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, T-Station, Other, Sidewalks

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $656
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

East Boston

589 Saratoga St, Boston MA 02128

Boston, MA 02128

Listing Information

Listing Agent Zambrano Properties & Associates
Listing Office RE/MAX 360
Office Phone 978-535-3122
Agent MLS ID TM305273
Office MLS ID AN8815
Listing Data Updated Jul 23, 2026 9:11 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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