Archive for the ‘Boston Property’ Category

BIDDING WARS BREAK OUT OVER MULTIFAMILY HOMES!!

Wednesday, May 16th, 2012

According to a recent Boston Herald article there is intense competition for multifamily homes in and around Boston. The reason stated is due to three categories of buyers including contractors, investors, and owner-occupants. The Herald says “Driving the trend are a rebounding housing market, low interest rates, and resilient rents in Greater Boston”

MLS reports in the month of April, 61 multi-families sold and 191 went under contract not to mention inventory is down 18% from last year.

HERE IS YOUR OPPORTUNITY! (Seen below) We have a terrific 3 family in South Boston already proving a 5% cap rate and room to go to 6%! Fully leased near public transportation and the beach is 2 blocks away!

Make this multi-family South Boston house your next home!

CLICK HERE FOR MORE PROPERTY INFORMATION AND PHOTOS!

If you would like to learn more about 190 L Street, South Boston, or interested in other multi-family homes for sale, Call Eric Shabshelowitz at 617-896-5010 and schedule a showing today!

Charming Single Family Home in Boston’s South End

Friday, March 30th, 2012

5 bedroom 4.5 bath luxury South End home for sale in Boston.Rarely available private home with multiple parking spaces on a lovely tree-lined street in a prime location of the South End, 21 Holyoke Street is an exquisite gem in Boston.  Just minutes away from the Prudential & Copley Place, this Victorian home has 5 bedrooms, 4.5 bathrooms, a family room, and an epicurean open kitchen with center island and a six burner gas cooktop. It’s master suite is a massive bedroom with a dressing area and adjacent study.  The home also includes an amazing roofdeck with breathtaking Boston city views, making it a great location to entertain or relax during the warm summer months.

At $3.9 million, the 21 Holyoke Street home is a must see for anyone interested in luxury real estate in the Boston area.

For more information about this spectacular home in the South End, please contact Shelagh Brennan at (617) 896-5002 and schedule a showing today!

What Color Paint Will Help Your Property Sell?

Thursday, March 8th, 2012

According to a color expert at the Paint Quality Institute, “color psychology” can help you choose paint colors that set the right mood for a room.  Here is what the experts say about the mood that each color creates:

 

 

Blue slows the heart rate and lowers body temperature.  Ideal for: Bedrooms, but not dining rooms.

   

 

Orange is another happy color, but is more attention-getting.  Ideal for: Accents and living rooms.

 

 

Green has a calming effect, and is the color of many fruits and vegetables.  Ideal for: Bedrooms and dining rooms.

   

 

Purple is proven to stimulate brain activity.  Ideal for: Bedrooms and studies.

 

 

Red radiates energy and excitement.  Ideal for: Dining rooms and adult bedrooms, but not children’s rooms.

   

 

Black imparts elegance, sophistication and formality.  Ideal for: Accents.

 

 

Yellow, like sunshine, imparts optimism and happiness.  Ideal for: Master bathrooms, dinettes and living rooms.

   

 

White conveys peace, simplicity and spaciousness.  Ideal for: Small rooms and as a contrast to accent walls.

Paint is just one of many details that need to be considered to get your property sold.  Buyers are meticulous, so these details are important.  Let our experts show you how to maximize your property’s potential.

We want to list your property to sell!

For more information or a free consultation, contact Eric Shabshelowitz at 617-894-2138 or eric@cabotandcompany.com.

 

 

 

PRICE REDUCTION! $3,995,000 ELEGANT ATELIER #505

Friday, March 2nd, 2012
Wide-open space master bedroom suite in Back Bay luxury condo

505 Tremont 402-03 spacious master bedroom suite

The elegance and beauty of 505 Tremont St, #402-03 is a sight to behold. The luxury Boston condo located in the premier Atelier 505 building features 3 bedrooms, a media-room/library, 3 ½ bathrooms, and a terrace with an epic city view. The luxury condo also has a huge living room that leads out to the terrace, and an expansive kitchen with a long breakfast bar, including state-of-the-art appliances from Gaggenau, Miele and SubZero. The luxury condo has a walk-in pantry great for storing all your kitchen necessities and it has a laundry room. The master suite is massive with a brilliant view of Back Bay. Included in the master suite is a private terrace, sybaritic spa bath, and walk-in closet. The luxury home also has two amazing guest bedrooms, central stereo and surround sound system great for entertainment and entertaining. And for those who like to stay mobile, 3 car garage parking.

The Boston luxury condo has it all! If you are interested in living at 505 Tremont Street, please Contact Rene Rodriguez at 617-896-5006 today! Our expert and knowledgeable real estate agents would be glad to help you.

Elegant luxury living room in the Back Bay luxury condo

The luxurious living area with beautiful city view at 505 Alterier 402-03

Cabot and Company Parking For Sale!

Tuesday, January 17th, 2012

BOSTON MAGAZINE                 JANUARY 2012
Living Large

Rachel Slade’s off-kilter take on Hub dwellings.

By Rachel Slade

Parking spots for sale in the Back Bay.Pahk the Cah – For $350K
Life just keeps getting tougher for Back Bay die-hards, as ex-suburbanites pour into the city with their pedigreed dogs and black BMW’s. So when circling the block for three hours after a hard day’s work loses its charm, it’s time to invest in some asphalt. But with only a handful of parking spots listed on the MLS, the Back Bay’s alleys are precious property, indeed. Case in point: Though a two-vehicle tandem space between Commonwealth Avenue and Newbury Street is exposed to all the elements – snow (BYO shovel), inebriated students – it costs about $1,000 a square foot, making it some of the priciest pavement in the world. Get a Zipcar account, you say?
That’s part of the problem–the car-sharing powerhouse has already gobbled up 107 spots around the neighborhood. Where’s teleportation when you need it?
Address: 132 Commonwealth Avenue, #5/6 Listing Price: $350,000, Listing Agent: Shelagh Brennan, Cabot and Company, 617-896-5002, cabotandcompany.com, Stats: One big, expensive slab of pavement in the Back Bay.

2012: The Year for Work and Relocating in Boston

Wednesday, January 11th, 2012

Welcome to BostonJanuary 2012
Happy New Year!

Congratulations, you have been hired! According to a recent article on Forbes.com, Boston tied for 13th of cities to be hiring this year. Overall, there is an 11% net hiring expectancy in the U.S.

What does this mean to you as a new hire and possible relocater to Boston? Consider that rental prices in Boston are already high and availability extremely low. This is before this job growth news!

5 Tips from Cabot and Company Real Estate

1. Find a reputable real estate agency. Our agents at Cabot and Company in Boston’s Back Bay are experienced professionals. Visit www.cabotandcompany.com or call 617-262-6200.

2. Begin your search as early as possible. As soon as you get the employment green light, preferably 60-90 days in advance, reach out and start your search.

3. Identify the key neighborhoods you will live in. Keep transportation and proximity to work in mind.

4. Make some transportation decisions. Boston has a great public transit system. The city has recently added many bicycle lanes. Boston is a walking city and there are many very accessible short term car rental options.

5. Organize paperwork and funds in advance of finding an apartment so you can act quickly when you see a good option. Once again, the seasoned agents at Cabot and Company real estate can assist you in your search.

Congratulations!

Open House this Sunday! $100K Price Redux!

Wednesday, January 4th, 2012

Don’t miss out on the chance of a lifetime! This Sunday we are having an open house for an amazing condo at 337 Commonwealth Ave that is a spacious two bed, two bath penthouse.  With a $100K price reduction and listing at $929,000, this sunnyside Comm Ave home is a must see!  The elegant home boasts breath-taking views of the Back Bay skyline, features high ceilings, skylights and original detail.

The event will be held at 337 Commonwealth Ave, Boston, MA in the Back Bay for the newly $100K price reduxed home, Unit 40, and kicks off this Sunday,  Jan. 8, from 12-1pm.

For more information about this property or interested in learning more about available Back Bay homes, please contact the Cabot & Company offices, today!

Commercial Real Estate Sales on the Rise

Friday, December 16th, 2011

Boston commercial real estate is on the rise.By Eric Shabshelowitz

For the first time since the economic downturn began in 2008, the monthly national average for commercial real estate prices showed year-over-year improvement. According to the report, in October 2011, prices increased 2.2% from the same period a year ago. The average transaction size (+29.4%) and overall transaction volume (+23%) are both showing positive improvement.

Another positive sign for the commercial real estate market is that the ratio of distressed sales continues to decline. In March 2011, 35.4% of all repeat sales were distressed sales. In October, that number shrank to 25.2% nationally.

As we head into the new year, this positive trend should continue. Interest rates are at record lows, which is presenting great opportunities for businesses to buy their retail and office spaces rather than continue to rent. Commercial real estate is also a popular investment vehicle amidst the recent uncertainty in the stock market.

Call Eric Shabshelowitz at 617-896-5010 or email him at eric@cabotandcompany.com to learn more about commercial real estate opportunities in and around Boston.

Commercial Update – Boston Retail Market Report: Q3 2011

Monday, December 12th, 2011

By Eric Shabshelowitz

Rent Rates for Boston Retail Space

Rental rates in the Boston retail market are slightly lower than last quarter (down 0.2%) and essentially flat from one year ago (down 0.07%).  In the Back Bay, quoted retail rent rates for the third quarter averaged $60.87 per square foot; in the South End, $31.22 per square foot; and the Financial District, $35.00 per square foot.


Largest Lease Signings in Greater Boston

The largest lease signings of 2011 include a 60,000 square foot lease by Stop & Shop at Atlantic Plaza (Reading, MA), a 45,000 square foot lease by Whole Food Market in Lynnfield, MA, and most recently, a 43,998 square foot lease by Restoration Hardware in Boston’s Back Bay.  Restoration Hardware will be moving into the former Louis Boston building.

 

Improvement in the Market

While rent rates are down, the Boston retail market showed improvement in the third quarter.  The vacancy rate is down to 4.6% for the Boston market.  In the Back Bay, which includes premier shopping destination Newbury Street, vacancy is down to 3.6%.

With the improvement of the market, now is a wise time to invest in retail properties.  Single-tenant, triple-net leases, for instance, are becoming increasingly popular as investment opportunities; particularly with the recent ups-and-downs of the stock market.

Call Eric Shabshelowitz at 617-896-5010 or email him at eric@cabotandcompany.com to learn more about retail leasing and sales opportunities throughout the Greater Boston area.

 

Boston Investment Property – Skip The Stock Market And Buy Boston Condos!

Tuesday, November 29th, 2011

Why gamble with the stock market?  Boston real estate can offer as much as a 4.5% return on your money!
Great investment opportunities are available in the form of very rentable Beacon Hill and Back Bay condos. With 20-25 percent down, you can be in a cash flow positive situation in no time. See the two great units below on Dartmouth Street in Back Bay – and contact Josh, our investment expert, to learn more!

Boston condo for sale in the Back Bay

330 Darmtouth, #1A, Boston, MA

330 Dartmouth, #1A, Boston, MA

Listed at $439,000, this Back Bay one bedroom is as nice as Boston Condos get!   Located within close proximity to Copley Square and the Prudential Center.

View the full listing and more photos, or schedule a showing

 

 

 

Boston condo for sale in the Back Bay

330 Darmtouth, #1B, Boston, MA

330 Dartmouth, #1B, Boston, MA

Listed at $435,000, this one bedroom condo is a charmer!  Located on in the Back Bay and downtown neighborhoods, this desirably located Boston condo can be your new home!

View the full listing and more photos, or schedule a showing here.