122 Chestnut Street #2 Chelsea — Photo 1 of 16
$495,000
Investment Analysis — 122 Chestnut Street #2
Chelsea, MA 02150
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02150 carries an estimated $3,150/mo in gross rent — about a 4.42% cap rate and $21,870/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
816
Style
Condominium
Built
1920
Welcome to 122 Chestnut Street #2, a sun-drenched 3-bedroom, 1-bathroom condo in a convenient Chelsea location. This spacious unit features beautiful hardwood floors, high ceilings, abundant natural light, and ceramic tile in both the kitchen and bathroom. Gas heating and cooking provide efficiency and convenience. With a low HOA fee, this property presents an excellent opportunity for both investors and owner-occupants looking for value in a strong and growing market. Ideally located with easy access to Route 1, Route 16, public transportation, Downtown Boston, Logan Airport, Encore Boston Harbor, and major Boston destinations. Enjoy easy access to the North End, TD Garden, Haymarket, and Downtown Boston, with nearby bus service providing convenient transportation directly to Haymarket and the MBTA system. Close to restaurants, shopping, parks, and everyday amenities, this is a great opportunity to own in Chelsea with the convenience of city living just minutes from Boston.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Dan Rosenthal
Listing Office: Rise Signature Homes
MLS® Number: 73573373