Active
4 Days on market
261 American Boulevard #261 Ashland — Photo 1 of 22

261 American Boulevard #261 Ashland — Photo 1 of 22

$665,000

Investment Analysis — 261 American Boulevard #261

Ashland, MA 01721

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01721 carries an estimated $3,270/mo in gross rent — about a 2.57% cap rate and $17,083/yr in estimated NOI at the $665,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2.5

SqFt

2,142

Style

Condominium

Built

2011

Sunset views • Updated kitchen • Hardwood Flooring • Freshly painted and move-in ready. This updated townhome with attractive HOA fee offers 2 bedrooms, 2.5 baths and thoughtfully designed living space across multiple levels. Hardwood floors extend throughout both main living levels, complemented by a finished walk-out lower level, versatile loft and 2-car tandem garage. Updated kitchen features granite counters, center island, stainless appliances and direct access to the deck. Separate living and dining spaces plus a gas fireplace. The primary suite offers cathedral ceilings, walk-in closet, sitting/sunroom and two-sided gas fireplace. Primary bath includes jetted tub, separate shower and dual vanities. Second bedroom has cathedral ceilings and en-suite bath. Upper-level loft provides office/flex space. Finished walk-out lower level features new vinyl flooring and additional living space. Central air, recessed lighting, ample storage and 2023 washer/dryer. Enjoy tree-lined sunset views. The building recently completed roof replacements and soffit work. Convenient to Ashland MBTA Commuter Rail, Ashland State Park, shopping, dining and major routes. Must see!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$665,000
Annual Taxes$8,335.07
HOA Fee$367

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces2
FlooringTile, Vinyl, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Golf • Medical Facility • Bike Path • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 1Bathroom 2
First
Dining RoomKitchenFamily RoomBathroom 3
Dining Room
Lvl First
Kitchen
Lvl First

Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Gas Stove

Family Room
Lvl First

Flooring - Wood

Master Bedroom
Lvl Second

Cathedral Ceiling(s), Walk-In Closet(s)

Bedroom 2
Lvl Second
Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - With Shower Stall, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Countertops - Stone/Granite/Solid

Bathroom 3
Lvl First

Bathroom - Half, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Team Coyle

Listing Office: Compass

MLS® Number: 73572796