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550 E 3rd St, Boston, MA, 02127

6beds
3baths
2,501sqft
$1,750,000
$700price/sqft
$10,782/moest. monthly cost
$431,280/yrincome needed

About This Home

The Property consists of a three-story building containing three (3), 2-Bedroom/1-Bathroom units with 2,501 square feet of living area in 3,752 gross square feet on a 0.024-acre parcel. The building has separate utilities and the tenants are responsible for their own electricity, gas fired heat (forced air), hot water, central air conditioning, and a gas stove. The building is also fully sprinklered. Unit three has been renovated and features hardwood floors, white shaker cabinets and quartz countertops. Unit one features hardwood floors, and both units one and two will benefit from cosmetic updates to the flooring (unit two), kitchen cabinets and bathrooms.

Getting Around

94
WalkingWalker's Paradise
56
TransitGood Transit
70
BikeVery Bikeable

Schools

3/10
James F. Condon SchoolGrades PK-80.8 mi
2/10
Excel High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Other
  • Roof: Shingle,Rubber

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 2,501

Interior Area

  • Total structure area: 2,501
  • Total interior livable area: 2,501 sqft

Property

Details

  • Parcel number: 3340350
  • Zoning: A

Lot

  • Lot size: 1,045 sqft
  • Features: Level

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,848$106,176
Home Insurance *$435$5,220
Property Taxes $1,006$12,072
Electricity $493$5,918
Total$10,782$129,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$369,668/yr
40% on housing$323,460/yr
45% on housing$287,520/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$700This listing

vs Other Active Listings

Avg $/sqft

ZIP 02127$595
Suffolk County$575

vs Homes Sold Last Month

Median $/sqft

ZIP 02127$747
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-27Listed for sale$1,750,000
2025-12-23Listing removed$1,850,000
2025-07-14Listed for sale$1,850,000
2024-02-29Listing removed$1,925,000
2024-02-07Price change$1,925,000
2023-12-15Listed for sale$2,000,000
2023-11-30Listing removed$1
2023-11-27Listed for sale$1
2023-06-12Listing removed--
2023-05-16Listed for rent$3,300
2022-07-13Listing removed--
2022-06-21Listed for rent$3,200

For Sale by Agent

AgentKelleher - Pentore Team
BrokerageHorvath & Tremblay

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