2 Railroad Avenue #1 Rowley — Photo 1 of 42
Recent Drop: $60,000
$599,900
Investment Analysis — 2 Railroad Avenue #1
Rowley, MA 01969
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01969 carries an estimated $3,080/mo in gross rent — about a 3.45% cap rate and $20,693/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,419
Style
Condominium
Built
1889
New Construction ready for immediate occupancy! Beautifully designed 3 bed 2.5 bath townhouse. First floor features open concept Kitchen /dining/ living room. Designer kitchen cabinets, quartz countertops & full backsplash, Stainless steel appliances, Induction cooking. 1/2 bath rounds out 1st floor. Pet friendly association. Large exclusive-use back yard with shed and your own 4 car deeded driveway. Perfect spot for commuters and boaters, located just up the street from the Essex Greenbelt boat launch and MBTA train station on Railroad Ave. Custom woodwork, designer finishes & beautiful stained hardwood floors throughout. En-suite primary bath featuring double bowl vanity, custom shower & designer tile. 2nd and 3rd bedrooms feature soaring cathedral ceilings High quality, Energy efficient construction includes: Foam insulation, Andersen windows, heat pump heating/AC, Exclusive use private basement for storage.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Financials
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Wine Refrigerator • Plumbed For Ice Maker
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 13
Recessed Lighting
Kitchen
Lvl First8 x 16
Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Master Bedroom
Lvl Second16 x 13
Bathroom - Full, Bathroom - 3/4, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Recessed Lighting
Bedroom 2
Lvl Third14 x 13
Bedroom 3
Lvl Third10 x 12
Recessed Lighting
Bathroom 1
Lvl First5 x 2
Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 2
Lvl Second6 x 9
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 3
Lvl Second8 x 10
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce
Property History
$599,900
Was $639,900
Sep 7, 2026
MLS® 73556874
$639,900
Was $650,000
Aug 24, 2026
MLS® 73556874
$650,000
Was $659,900
Aug 14, 2026
MLS® 73556874
$659,900
Jul 30, 2026
MLS® 73556874
$689,900
Jun 30, 2026
MLS® 73516553
$689,900
Jun 30, 2026
MLS® 73516566
$689,900
May 12, 2026
MLS® 73516553
$689,900
May 12, 2026
MLS® 73516566
Listing Agent: Michael Becker
Listing Office: Atlantic Coast Homes,Inc
MLS® Number: 73556874