Allston MA Average Property NOI
NOI In Real Estate Explained | FortuneBuilders
Allston’s housing market is among the most active in Boston by far. Primely situated 10 minutes from downtown and close to most of the area’s largest Universities, housing in Allston is always in high demand. It is a thriving market for off campus housing in Boston, so landlords who rent out apartments in Allston tend to see high turnover coupled with even higher demand.
So it should come as no surprise that Allston is a favorite neighborhood among property investors in Boston. Despite having one of the lowest median condo prices in Boston, the 1 year median sales price for Allston multi family homes ($1.79M) is among the 10 highest in Boston, eclipsing that of Cambridge ($1.76M) and South Boston ($1.51M).