4945 Washington Street, Boston MA 02132
Boston, MA 02132 • West Roxbury
$19,100,000
Sale Statistics
Sale Overview
Original List Price:
$22,000,000
Final Sale Price:
$19,100,000
Difference:
$2,900,000 (-13.2%)
Performance Metrics
86.8%
List to Sale Ratio
Sold below asking price
420
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$463
Sale $/sq ft:
$402
This property sold for $402 per square foot
Sale Summary
This property sold for 13.2% below the original asking price.
At 420 days on market, this property took longer than average to sell.
About this home
I am thrilled to present this exceptional investment opportunity in the heart of West Roxbury. This newly constructed building, completed in 2020, offers a remarkable 48-unit property with a sprawling 50,000 square feet of living space. Situated in the charming neighborhood of West Roxbury, this building enjoys the best of both worlds - a tranquil suburban setting with easy access to all the amenities of Boston. Residents will appreciate the convenience of nearby shops, restaurants, parks, and excellent schools, making it an ideal choice for families and professionals alike.The building boasts a contemporary design that seamlessly blends with its surroundings. The sleek exterior and well-manicured landscaping provide a welcoming and elegant first impression. Each of the 48 units within this building offers generous living spaces, thoughtfully designed with modern finishes. With the rapidly growing demand for housing in Boston, this property represents a remarkable investment.
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Recently Sold Nearby
Property History
Market Insights
9%
Price Range
422
Total Days on Market
Property Timeline
Sold
Dec 31, 2024
$19,100,000
Property sold
Days on Market: 422
Listed for Sale
Oct 6, 2023
$21,000,000
Original listing
Agent: Steven Musto
Office: Insight Realty Group, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/31/2024 | ✓ Sold | $19,100,000 | - | - | Property sold |
| 10/06/2023 | 🏠 Listed for Sale | $21,000,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $150,000 | $13,900,000 |
Financial Details
Annual Property Tax
$150,000
Tax Year 2024
Assessed Value
$13,900,000
Facts & Features
37 Car Garage
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
2020
Living Area
47,537 sq ft
Lot Size
0.94 acres
Bedrooms
69
Full Baths
69
Half Baths
2
Total Rooms
16
Investment Metrics
Units
46
Unit 1 Rent
$2,400/mo · Y
Unit 2 Rent
$3,000/mo · Y
Total Monthly Rent
$5,400/mo
Gross Income
$64,800
Net Operating Income
$64,800
Cap Rate
0.31%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
37
Has Garage
Yes
Features
None
Total Spaces
97
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$150,000
Assessed Value
$13,900,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Link Attached In Firm Remarks Include All Floor Plans. 4935 Washington Street (separate 2 Family) Is Included In The Sale. Building Consists Of 2, 656 Sq Ft Of Living Space On A 4700 Sqft Lot. Rents Are Included In Attached Rent Roll.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
422 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
2020
Bedrooms
69
Full Bathrooms
69
Half Bathrooms
2
Living Area
47,537 sq ft
Total Rooms
16
Stories
4
Levels
4
Room Details
Other Floor
Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
2020
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
4
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Garage Spaces:
37
Total Parking Spaces:
97
Parking Features:
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
10 schools
C+
Kilmer K-8 School
0.7 mi
|
#247 of 352
|
Score: 36.7
Dropped 26 spots from last year
-21.5 below state avg
401 students
Very Diverse
Diverse Student Body
Grades PK-08
St. Theresa of Avila Elementary School
0.8 mi
Grades PK-08
C+
Mozart Elementary School
1.0 mi
|
#515 of 824
|
Score: 44.3
Dropped 241 spots from last year
-14 below state avg
155 students
Diverse
Diverse Student Body
Grades PK-06
C
Bates Elementary School
1.0 mi
|
#624 of 824
|
Score: 39.5
Dropped 291 spots from last year
-18.8 below state avg
281 students
Diverse
Diverse Student Body
Grades PK-06
B
Lyndon K-8 School
1.1 mi
|
#159 of 352
|
Score: 43.9
Improved 34 spots from last year
-14.3 below state avg
512 students
Diverse
Rising School
Grades PK-08
D
Conley Elementary School
1.2 mi
|
#776 of 824
|
Score: 30.7
Dropped 91 spots from last year
-27.5 below state avg
148 students
Diverse
Diverse Student Body
Grades PK-06
Holy Name Elementary School
1.3 mi
Grades PK-08
B-
Grew Elementary School
1.5 mi
|
#474 of 824
|
Score: 45.4
Improved 250 spots from last year
-12.8 below state avg
198 students
Diverse
Rising School
Diverse Student Body
Grades PK-06
D
Channing Elementary School
1.5 mi
|
#770 of 824
|
Score: 31.1
Improved 21 spots from last year
-27.1 below state avg
194 students
Diverse
Rising School
Grades PK-06
Sacred Heart Elementary School
1.6 mi
Grades PK-08
Middle Schools
10 schools
C
Ohrenberger School
0.5 mi
|
#265 of 352
|
Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students
Diverse
Rising School
Diverse Student Body
Grades 03-08
Mother Caroline Academy
4.3 mi
Grades 05-08
Nativity Prep School
4.4 mi
Grades 05-08
Dearborn Middle School
4.4 mi
Epiphany School
4.6 mi
Grades 05-08
F
Higginson/Lewis K-8 School
4.8 mi
|
#349 of 352
|
Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students
Diverse
Grades 03-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
4.9 mi
|
#4 of 16
|
Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students
Diverse
Rising School
College Ready Curriculum
Grades 05-08
Middle School Academy
6.8 mi
Irving Middle
1.6 mi
Frederick Pilot Middle
4.7 mi
High Schools
10 schools
Roxbury Latin School
0.6 mi
Grades 07-12
Catholic Memorial School
1.0 mi
15 sports
• 2,206 athletes
Strong Athletics
Grades 07-12
C+
New Mission High School
1.7 mi
|
#240 of 346
|
Score: 47.3
Improved 88 spots from last year
-10.9 below state avg
715 students
Diverse
13 sports
• 458 athletes
Early College Program
High Graduation Rate
Rising School
Diverse Student Body
Grades 07-12
A-
Boston Preparatory Charter Public School
2.1 mi
|
#8 of 25
|
Score: 41.6
Improved 287 spots from last year
-16.6 below state avg
700 students
Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B-
Margarita Muniz Academy
3.2 mi
|
#14 of 25
|
Score: 31.3
Improved 349 spots from last year
-26.9 below state avg
428 students
Less Diverse
Strong AP Program
Rising School
Grades 07-12
D
English High School
3.3 mi
|
#324 of 346
|
Score: 29.7
Improved 34 spots from last year
-28.5 below state avg
720 students
Moderate
8 sports
• 332 athletes
Rising School
Career Tech Programs
Grades 07-12
Meridian Academy
3.9 mi
Grades 06-09
B+
TechBoston Academy
4.0 mi
|
#11 of 25
|
Score: 34.1
Improved 349 spots from last year
-24.1 below state avg
850 students
Diverse
Rising School
Grades 07-12
A+
Boston Latin Academy
4.7 mi
|
#2 of 25
|
Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students
Very Diverse
17 sports
• 1,298 athletes
High Graduation Rate
Rising School
Strong Athletics
Diverse Student Body
Grades 07-12
F
Albert D Holland School of Technology
5.2 mi
|
#333 of 346
|
Score: 25.8
Improved 28 spots from last year
-32.4 below state avg
399 students
Diverse
Rising School
Grades 07-12
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Location
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Neighborhood
West Roxbury
4945 Washington Street, Boston MA 02132
Boston, MA 02132
Listing Information
Listing Agent
Steven Musto
Listing Office
Insight Realty Group, Inc.
Office Phone
617-323-2300
Agent MLS ID
CT004793
Office MLS ID
BB9254
Listing Data Updated
Jan 2, 2025 8:14 AM EST
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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