589 Saratoga St, Boston MA 02128
Boston, MA 02128 • East Boston
$949,900
Est. $5,659/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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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jul 7, 2026
$949,900
Original listing
Agent: Zambrano Properties & Associates
Office: RE/MAX 360
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 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
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%
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
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)
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
Interactive room guide
Floor Layout
Finished Area
1,575 sq ft above grade
450 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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
10 schools
C+
Otis Elementary School
0.7 mi
|
#551 of 824
|
Score: 42.9
Dropped 160 spots from last year
-15.3 below state avg
408 students
Moderate
Grades PK-06
C-
Kennedy Patrick J Elementary School
0.8 mi
|
#670 of 824
|
Score: 37.5
Improved 47 spots from last year
-20.7 below state avg
279 students
Less Diverse
Rising School
Grades PK-06
D
O'Donnell Elementary School
0.8 mi
|
#777 of 824
|
Score: 30.7
Dropped 52 spots from last year
-27.5 below state avg
256 students
Less Diverse
Grades PK-06
C+
Mario Umana Academy
1.0 mi
|
#11 of 16
|
Score: 26.9
Improved 333 spots from last year
-31.3 below state avg
634 students
Less Diverse
Rising School
Grades PK-08
B+
Alighieri Dante Montessori School
1.0 mi
|
#5 of 12
|
Score: 45.3
Improved 124 spots from last year
-12.9 below state avg
109 students
Diverse
Rising School
Grades PK-06
D
McKay K-8 School
1.0 mi
|
#332 of 352
|
Score: 27.6
Dropped 36 spots from last year
-30.7 below state avg
640 students
Less Diverse
Grades PK-08
F
Guild Elementary School
1.1 mi
|
#789 of 824
|
Score: 29.4
Dropped 218 spots from last year
-28.8 below state avg
259 students
Less Diverse
Grades PK-06
East Boston Central Catholic School
1.1 mi
Grades PK-08
B+
Bradley Elementary School
1.2 mi
|
#272 of 824
|
Score: 51.8
Dropped 213 spots from last year
-6.5 below state avg
292 students
Diverse
Diverse Student Body
Grades PK-06
D
Adams Elementary School
1.3 mi
|
#767 of 824
|
Score: 31.2
Dropped 88 spots from last year
-27 below state avg
237 students
Moderate
Grades PK-06
Middle Schools
10 schools
Middle School Academy
3.6 mi
F
Higginson/Lewis K-8 School
5.3 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
5.5 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
Nativity Prep School
5.8 mi
Grades 05-08
Dearborn Middle School
5.9 mi
Mother Caroline Academy
6.0 mi
Grades 05-08
Epiphany School
6.5 mi
Grades 05-08
C
Ohrenberger School
10.5 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
Edwards Middle
2.3 mi
UP Academy
3.6 mi
High Schools
10 schools
C-
East Boston High School
0.6 mi
|
#305 of 346
|
Score: 37.3
Improved 31 spots from last year
-20.9 below state avg
1,252 students
Less Diverse
14 sports
• 584 athletes
Early College Program
Rising School
Grades 07-12
D
Charlestown High School
1.9 mi
|
#322 of 346
|
Score: 31.0
Improved 49 spots from last year
-27.2 below state avg
754 students
Diverse
11 sports
• 488 athletes
Early College Program
Rising School
Grades 07-12
C
Quincy Upper School
3.1 mi
|
#268 of 346
|
Score: 44.6
Improved 4 spots from last year
-13.6 below state avg
557 students
Very Diverse
12 sports
• 208 athletes
High Graduation Rate
Diverse Student Body
Grades 06-12
Newman School
3.6 mi
Grades 07-12
Cathedral High School
3.6 mi
9 sports
• 430 athletes
Grades 07-12
C
Ruth Batson Academy
4.5 mi
|
#19 of 25
|
Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students
Diverse
8 sports
• 128 athletes
Early College Program
Rising School
Grades 07-12
B
Dearborn STEM Academy
4.8 mi
|
#13 of 25
|
Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students
Diverse
10 sports
• 242 athletes
Early College Program
Rising School
Grades 07-12
A-
O'Bryant School of Math & Science
4.9 mi
|
#90 of 346
|
Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students
Very Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Diverse Student Body
Grades 07-12
A+
Boston Latin School
5.0 mi
|
#19 of 346
|
Score: 73.3
Improved 61 spots from last year
+15.1 above state avg
2,424 students
Very Diverse
18 sports
• 2,006 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 07-12
A+
Boston Latin Academy
5.5 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
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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$656
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
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$0
Total interest paid
$0
Rate Impact
-0.5% Rate
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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
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.
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