There is a lot going on (and up) in East Boston right now. One such place largely frozen in aspic, however, is the historic district known as Eagle Hill. It's bounded roughly by Princeton Street on the southeast and Chelsea Street on the northeast; and then on two sides by the Harbor. Most of its housing stock dates from the late 19th century, and that stock is a mix of single-, two- and three-family homes. Moreover, those single-families can be quite sizable by Boston standards and quite historic to boot. Thus a big reason the feds added Eagle Hill to the National Register of Historic Places in 1998; and also likely a big reason new development is rare, if not nonexistent.
The average sales price in Eagle Hill is currently $359,292, according to the National Association of Realtors. The average in Boston runs to just over $1M. The average price per square foot in the neighborhood is $206 and for the city $584. So you're looking at a relative bargain, though Eagle Hill properties can scale up cost-wise and are not as cheap as the rest of Eastie. Rent-wise? Eagle Hill can be a steal. Apartments currently up for lease on the Realtors' site average $1,969 a month; citywide the average is much higher (Eagle Hill 1-BRs, for instance, average $1,506, while for Boston as a whole they average $2,947). You are also likely to a lot more space than in, say, downtown Boston or much of Cambridge.
The historic single-families are a highlight of Eagle Hill as is East Boston High School, which is built upon a former reservoir. Like with the rest of East Boston, Eagle Hill is not the most walkable of areas (WalkScore gives the wider enclave an 81 out of 100). The Blue Line T stops are all a hike and there are no buses that service the interior of the neighborhood.
The only single-family house (or condo, for that matter) up for sale in Eagle Hill right now is the Whidden House at 39 Princeton Street. It's one of those historic homes and it wants $939,000. It's pictured at the top. Unit 2 at 202 Falcon Street is a 4-BR, 1-BA asking $2,275 a month. It's 900 square feet.
· What It's Like to Live Inside an Historic House in East Boston [Curbed Boston]
· East Boston: Low Supply, High Demand, Brooklyn Bound [Curbed Boston]
· Mapping the New Development in Busy, Busy East Boston [Curbed Boston]
· Our Neighborhood Guides archive [Curbed Boston]