Overview Property Details Payment Calculator Walkability

Active

31 Fairfield St, Boston MA 02116

$3,800,000

Estimated $9,131.51/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $1,266,666.67

Total Rent: 157320/year

Estimated CAP Rate: 3.20%

5 Bedrooms

4 Full, 1 Half Baths

3,497 SqFt

Total Parking: 1

1,271 SqFt

Back on market, recently upgraded! Located in the heart of Back Bay between Newbury and Commonwealth! An investment opportunity indeed, the building houses three excellent quality apartments - One ground level one-bedroom, one parlor level one-bedroom, and a three-bedroom, t...

This home has been viewed 86 times

Last Checked: June 7th, 2025 at 7:53am (Source: MLS PIN #73245610)

Gross Income: $157,320

Gross Expenses: $35,638

Net Income Calc: $121,682

CAP Rate: 3.20%

Annual Expenses for 31 Fairfield St, Boston MA 02116

Total Gross Expenses (Calculated)$35,638/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$35,638

Annual Income & Unit Breakdown for 31 Fairfield St, Boston MA 02116

Total Gross Income (Calculated)$157,320

Unit 1

Rental Income$2,500

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$3,910

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$6,700

Lease

Bedrooms3

Bathrooms2 Full

Floor3

Levels in Unit2

HeatingNo

Rent Includes

General Information for 31 Fairfield St, Boston MA 02116

Listing ID73245610

Property TypeMulti Family / 3 Family

Price$3,800,000 ($1086.65/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaBack Bay

Neighborhood(s)

Approximate Living Area Total3,497 SqFt

Approximate Lot Size (Acres)0.03 acres

Total Parking1

Garage Parking

Year Built1899

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 31 Fairfield St, Boston MA 02116

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$157,320

Total Net Income By Broker$154,920

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 31 Fairfield St, Boston MA 02116

Real Estate Taxes$35,638

Tax Year2024

Assessed Value$3,269,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$157,320

BostonRealEstate.com Gross Income

Total Net Income By Broker$154,920

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.20%

Location Information for 31 Fairfield St, Boston MA 02116

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaBack Bay

Area Amenities

Contact Information for 31 Fairfield St, Boston MA 02116

Agent

Name: Jacob Medoff

MLS ID: CN243300

Office ID: AN2485

Address: 120 Pearl Street

City: Cambridge

State: MA

Zip: 02139

Office

Name: Star Residential, LLC

MLS Office ID: AN2485

Phone: 317-258-0619

Payment Calculator

$26,384.22 per month

30 Years Fixed, 6.75% Interest

Property Taxes $2,969.83

Principal & Interest $23,414.39

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Star Residential, LLC

Jacob Medoff

Agent Phone

Office Phone

(317) 258-0619

Text Agent Call Agent Call Office

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    [description] => Back on market, recently upgraded! Located in the heart of Back Bay between Newbury and Commonwealth! An investment opportunity indeed, the building houses three excellent quality apartments - One ground level one-bedroom, one parlor level one-bedroom, and a three-bedroom, two-bath penthouse duplex on the upper floors. There is an opportunity to be creative with the spaces,  to add value by updating, reconfiguring, and condo-ing the space! Also, the building would make a great single family home. Tall ceiling heights and beautiful Victorian Era details have been preserved throughout, including Zebra hardwood floors, original fireplaces and moldings, and bow-front façade with mansard roof and copper trim. To top it off, a full parking space behind the building. All units leased through 8/31/25. Showings will be conducted by appointment only.
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EXIT

Active

31 Fairfield St, Boston MA 02116

$3,800,000

Annual Expenses for 31 Fairfield St, Boston MA 02116

Annual Income & Unit Breakdown for 31 Fairfield St, Boston MA 02116

General Information for 31 Fairfield St, Boston MA 02116

Disclosures for 31 Fairfield St, Boston MA 02116

Financial Information for 31 Fairfield St, Boston MA 02116

Location Information for 31 Fairfield St, Boston MA 02116

Contact Information for 31 Fairfield St, Boston MA 02116

Agent

Office

Payment Calculator

Exclusive Listing Agent

Star Residential, LLC

Jacob Medoff