Active Under Contract
30 Days on market
140 Railroad Avenue #B309 Norwood — Photo 1 of 24

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$439,000
Annual Taxes$4,015
HOA Fee$565

Parking

Garage2
Off-Street2

Interior Specifications

Total Rooms3
FireplacesNone
FlooringTile, Laminate, Wood Laminate
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
Foundation--
Zoning1021

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

First
Living RoomDining RoomKitchenBedroom 2
Main,First
Master Bedroom
Living Room
Lvl First

Flooring - Laminate, Recessed Lighting

Dining Room
Lvl First

Flooring - Laminate, Lighting - Overhead

Kitchen
Lvl First

Flooring - Laminate, Pantry, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Lighting - Overhead

Master Bedroom
Lvl Main,First

Bathroom - 3/4, Closet - Linen, Flooring - Laminate, Flooring - Vinyl, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Lighting - Overhead

Bedroom 2
Lvl First
Listing Provided By

Listing Agent: Aviator Properties Team

Listing Office: Coldwell Banker Realty - Brookline

MLS® Number: 73563161