Active
23 Days on market
175 Cottage #214 Chelsea — Photo 1 of 27

175 Cottage #214 Chelsea — Photo 1 of 27

$439,000

Investment Analysis — 175 Cottage #214

Chelsea, MA 02150

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02150 carries an estimated $2,630/mo in gross rent — about a 2.34% cap rate and $10,294/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

1,166

Style

Condominium

Built

2005

Move right into this turnkey bright and sunny corner 2BR/2BA end-unit condo, beautifully updated and ready for immediate enjoyment. The open-concept kitchen, dining, and living area features hardwood floors throughout, pool views, and a charming Juliet balcony. The renovated kitchen shines with stainless steel appliances, granite countertops, and white shaker cabinetry. The unit has also been freshly painted!. There are 2 spacious bedrooms offering over-sized closets and exceptional storage.This move-in-ready home includes 1 deeded garage parking spot and is located in a professionally managed gated community with outstanding amenities. These amenities include an in-ground pool, fitness center, saunas, clubhouse and conference room which can be rented. Commuters will love the easy access to the Silver Line SL3 (Eastern Ave. and Box District stations), Chelsea Commuter Rail with approximately 10-minute service to North Station, MBTA bus routes, and quick connections to Route 1A, the Tobin Bridge, and Mass Pike. Conveniently located near bike paths, jogging trails, beaches, shopping, dining, and Boston, this home offers the perfect combination of convenience, recreation, and low-maintenance living.

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 MLS and other third-party data may be inaccurate or out of date.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$4,788
HOA Fee$742

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRes-Condo

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Geography

Listing Provided By

Listing Agent: Christos Salpoglou

Listing Office: Jacob Realty, LLC

MLS® Number: 73566284