Active
45 Days on market
2 Railroad Avenue #1 Rowley — Photo 1 of 41

2 Railroad Avenue #1 Rowley — Photo 1 of 41

Recent Drop: $60,000

$659,900
$599,900

$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 2.76% cap rate and $16,550/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,419

Style

Single Family

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. Park in 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 custom shower & designer tile. 2nd and 3rd bedrooms feature soaring cathedral ceilings 2nd floor laundry. 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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$659,900
Annual Taxes$8,000
HOA Fee$295

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
FlooringHardwood
BasementPartial, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingDuctless
CoolingDuctless
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone, Slab
ZoningOut

Property & Lot

Acres0.24
SqFt Lot10,582
Lot FeaturesCorner Lot

Amenities & Appliances

Electric Water Heater • Dishwasher • Disposal • Microwave • ENERGY STAR Qualified Refrigerator • Plumbed For Ice Maker

Neighborhood

Marina • T-Station

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 2Bedroom 3
Second
Primary BedroomBathroom 2Bathroom 3
First
Living RoomKitchenBathroom 1
Living Room
Lvl First

14 x 13

Recessed Lighting

Kitchen
Lvl First

8 x 16

Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant

Primary Bedroom
Lvl Second

16 x 13

Bathroom - Full, Bathroom - 3/4, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Recessed Lighting

Bedroom 2
Lvl Third

14 x 13

Bedroom 3
Lvl Third

10 x 12

Recessed Lighting

Bathroom 1
Lvl First

5 x 2

Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting

Bathroom 2
Lvl Second

6 x 9

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting

Bathroom 3
Lvl Second

8 x 10

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce

Property History

Price Drop
$599,900

Was $639,900

Sep 7, 2026

MLS® 73556877

Price Drop
$639,900

Was $650,000

Aug 24, 2026

MLS® 73556877

Price Drop
$650,000

Was $659,900

Aug 14, 2026

MLS® 73556877

Listed
$659,900

Jul 30, 2026

MLS® 73556877

Terminated
$689,900

Jun 30, 2026

MLS® 73516553

Terminated
$689,900

Jun 30, 2026

MLS® 73516566

Listed
$689,900

May 12, 2026

MLS® 73516553

Listed
$689,900

May 12, 2026

MLS® 73516566

Listing Provided By

Listing Agent: Michael Becker

Listing Office: Atlantic Coast Homes,Inc

MLS® Number: 73556877