
140 Railroad Avenue #B309 Norwood — Photo 1 of 24
$439,000
Investment Analysis — 140 Railroad Avenue #B309
Norwood, MA 02062
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02062 carries an estimated $2,820/mo in gross rent — about a 3.40% cap rate and $14,923/yr in estimated NOI at the $439,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,121
Style
Condominium
Built
2004
Welcome to easy living at The Crossings, ideally located across from the Norwood Depot commuter rail and moments from the shops, restaurants, and everyday conveniences of Norwood Center. This bright 2-bedroom, 2-bath condo offers a versatile floorplan with a central living/dining area and an open kitchen featuring a breakfast bar and generous walk-in pantry. Two spacious bedrooms sit on opposite sides of the living space, offering flexibility for guests or a home office setup. The primary includes an ensuite bath and custom closets. Central air, in-unit laundry, and overhead lighting throughout make day-to-day living a breeze. Two garage parking spaces are a bonus, with additional storage space behind each for bikes and other gear. In nice weather, enjoy the lifeguarded outdoor pool and hot tub or unwind in the peaceful, landscaped courtyard with inviting green space, lounge areas, and gas grills. A clubhouse with a reservable function room and a fitness center round out this professionally managed community, delivering convenience, comfort, and true close-to-everything value in the heart of Norwood. Just 35 minutes to Boston's Back Bay on the commuter rail!
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 MLS and other third-party data may be inaccurate or out of date.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 • Trash Compactor • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Laminate, Recessed Lighting
Dining Room
Lvl FirstFlooring - Laminate, Lighting - Overhead
Kitchen
Lvl FirstFlooring - Laminate, Pantry, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Lighting - Overhead
Master Bedroom
Lvl Main,FirstBathroom - 3/4, Closet - Linen, Flooring - Laminate, Flooring - Vinyl, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Lighting - Overhead
Bedroom 2
Lvl FirstListing Agent: Aviator Properties Team
Listing Office: Coldwell Banker Realty - Brookline
MLS® Number: 73563161