The three-floor, colonial-style building at 1445 River Street recently housed a funeral home. It’s been on and off the market since late 2015 as a development opportunity—or as a single-family with some character.
Curbed Comparisons is a weekly column that explores what one can rent or buy for a set amount (or thereabouts) in the Boston area. Is one woman’s studio another woman’s townhouse? Let’s find out! Today, the magic number is $550,000.
At the lower end of the market, properties in Hyde Park and Roslindale are priced at 12 to 14 times their annual rent. At the upper end of the market, Back Bay and Fenway-Kenmore are priced at 30 to 30 times their annual rent
"Asking price can be seen as a measure of the long-term prospects of a neighborhood," NeighborhoodX research director Constantine Valhouli says. "Asking rent can be seen as a reflection of what the neighborhood is like right now."