589 Saratoga St, Boston MA 02128
Boston, MA 02128 • East Boston
$949,900
$899,900
Est. $5,406/month
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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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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
5.3%
Price Range
Property Timeline
Price Reduced
Aug 31, 2026
$899,900
$50,000
(-5.26%)
From $949,900 to $899,900 (-5.3%)
Listed for Sale
Jul 7, 2026
$949,900
Original listing
Agent: Zambrano Properties & Associates
Office: RE/MAX 360
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/31/2026 | ↓ Price Reduced | $899,900 | $50,000 | - | From $949,900 to $899,900 (-5.3%) |
| 07/07/2026 | 🏠 Listed for Sale | $949,900 | - | - | Original listing |
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
Stories
2
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
10.89%
Interior
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
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$7,866
Assessed Value
$679,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
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
Additional Details
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)
60 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
Interactive room guide
Floor Layout
Finished Area
1,575 sq ft above grade
450 sq ft below grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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 District
Boston School District local
C-
Where Graduates Go
Class of 2021
52%
attend college
38%
4-Year
14%
2-Year
7%
Out of State
7%
Working
School Safety
2024-25
3.7%
Above Average
3.2%
Suspensions
0.3%
In-School
0.5%
Emergency
1.8% below state avg
Elementary Schools
3 schools
Kennedy Patrick Elem
0.4 mi
Otis Elementary
0.7 mi
C+
Otis Elementary School
0.7 mi
|
#540 of 825
|
Score: 43.4
Dropped 149 spots from last year
-14.8 below state avg
414 students
Moderate
Grades PK-06
Middle Schools
3 schools
D
Clark Avenue School
1.1 mi
|
#329 of 352
|
Score: 28.2
Improved 32 spots from last year
-30 below state avg
641 students
Less Diverse
Rising School
Grades 05-08
C-
Joseph A. Browne School
1.1 mi
|
#285 of 352
|
Score: 33.1
Improved 61 spots from last year
-25.2 below state avg
501 students
Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
1.1 mi
|
#9 of 16
|
Score: 30.0
Improved 348 spots from last year
-28.2 below state avg
418 students
Less Diverse
Rising School
Grades 05-08
High Schools
2 schools
East Boston High
0.6 mi
C-
East Boston High School
0.6 mi
|
#300 of 346
|
Score: 38.2
Improved 36 spots from last year
-20 below state avg
1,181 students
Moderate
14 sports
• 584 athletes
Early College Program
Rising School
Grades 07-12
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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
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
Sep 4, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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