12 Royal Lake #8 Braintree — Photo 1 of 35
$489,000
Investment Analysis — 12 Royal Lake #8
Braintree, MA 02184
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02184 carries an estimated $3,310/mo in gross rent — about a 3.67% cap rate and $17,934/yr in estimated NOI at the $489,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,491
Style
Condominium
Built
1974
Best value in Braintree! Top floor 3 bedroom, 2 bathroom condo at Royal Lake Village offering nearly 1,500 square feet of living space in a convenient Braintree location. The living room showcases vaulted ceilings and abundant natural light, while the master bedroom offers a serene partial lake view. All three bedrooms are generously sized and include walk-in closets. The fully insulated unit offers in-unit laundry, a full bathroom with tub, a second bathroom with stand-up shower, attic storage space, individually controlled digital thermostats, and new electric baseboards. Recent updates include central AC (2025), water heater (2022), refrigerator (2023), & range and range hood (2018). Two deeded parking spaces are conveniently located near the entrance. Community amenities include a pool, tennis courts, a clubhouse, and trails surrounding the lake. Easy access to highways and the MBTA. As a bonus, enjoy views of the town’s July 4th fireworks from home.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First21.5 x 16.333333333
Beamed Ceilings, Flooring - Laminate, Exterior Access
Dining Room
Lvl First15 x 12
Beamed Ceilings, Vaulted Ceiling(s), Flooring - Vinyl, Lighting - Pendant
Kitchen
Lvl First16.083333333 x 10.25
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Pantry, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances, Lighting - Overhead
Master Bedroom
Lvl First16.25 x 12.25
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Laminate
Bedroom 2
Lvl First9.75 x 14.75
Bedroom 3
Lvl First14.166666666 x 12
Walk-In Closet(s), Flooring - Laminate
Bathroom 1
Lvl First7.75 x 7.916666666
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl First8.5 x 4.916666666
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: Eric Sugrue
Listing Office: Redfin Corp.
MLS® Number: 73575041