
18 Devon Commons Lane #18 Braintree — Photo 1 of 18
$440,000
Investment Analysis — 18 Devon Commons Lane #18
Braintree, MA 02184
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02184 carries an estimated $2,760/mo in gross rent — about a 3.39% cap rate and $14,921/yr in estimated NOI at the $440,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
888
Style
Condominium
Built
1988
Discover refined condominium living at 18 Devon Commons Lane U:18, Braintree, MA. Constructed in 1988, this 888 square foot condominium is presented in great condition, offering an attractive property for discerning buyers seeking an elevated lifestyle experience. The kitchen, designed with an open-plan concept, seamlessly integrates with the living room, featuring a practical peninsula that enhances both functionality and social interaction. This thoughtful layout fosters an expansive atmosphere, ideal for both everyday living and entertaining. The living room serves as a central gathering space, anchored by a fireplace that provides a focal point for relaxation and comfort. One of the bathrooms is appointed with a walk-in shower, providing a contemporary and accessible design element. This single-story residence, situated on the first floor, offers convenient access. Residents also benefit from access to a community pool, providing a refreshing amenity for leisure and recreation. This property offers a compelling opportunity for sophisticated living in a desirable community. One assigned parking spot is located just outside, with additional visitor parking available. Community amenities include a pool, open from Memorial Day to Labor Day weekend, with a lifeguard on duty. Additional amenities include tennis courts, community gardens, walking trails, and a clubhouse. The property is well-maintained, professionally landscaped, and features a full-time property manager and on-site maintenance crew. Snow removal is provided during winter months according to their schedule and storms.Open house 9/12 (12:00 - 2:00) - 9/13 (12:00 - 2:00).
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Washer/Dryer • Range Hood
Neighborhood
Pool • Tennis Court(s) • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Wall to Wall Carpet, Window(s) - Stained Glass, Exterior Access, Open Floorplan, Storage
Dining Room
Lvl Main,FirstCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Picture, Exterior Access
Kitchen
Lvl MainCeiling Fan(s), Flooring - Laminate, Window(s) - Picture, Dining Area, Breakfast Bar / Nook, Open Floorplan
Primary Bedroom
Lvl FirstBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Picture
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile, Remodeled
Bathroom 2
Lvl FirstBathroom - 3/4, Flooring - Stone/Ceramic Tile
Listing Agent: Craig Shea
Listing Office: Highline Realty Partners, Inc
MLS® Number: 73570778