57 Clark Ave Chelsea — Photo 1 of 21
Recent Drop: $140,000
$659,900
Investment Analysis — 57 Clark Ave
Chelsea, MA 02150
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02150 carries an estimated $3,480/mo in gross rent — about a 3.69% cap rate and $24,328/yr in estimated NOI at the $659,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
1.5
SqFt
2,375
Style
Single Family
Built
1895
Rare opportunity to own a castle-like Queen Anne Victorian brimming w/ old-world charm. This remarkable home showcases a stunning turret Rm truly a standout architectural feature.2 Incredible 19th cent fps: one adorned with 3-panel Roman-inspired sculptural details, intricately carved metal figures set within tiled sqs, both framed by beautiful antique mantels.The home offers generously sized rms, many w/some Hdwd flrs,soaring ceilings w/orig medallions, exquisite period details throughout. Highlights include orig stained glass windows & drs, pocket drs, beautifully crafted braided stair railings. Its rich character and substantial sq ftge, this property presents multiple possibilities—restore it as a grand SF residence or explore potential conversion to condos or a MF home (subject to City Approval) Curb cut for off-st pkg. Major systems updates, newer furnace, oil tank water heater (approx. 2022).Property is being sold as-is, as-seen. Fps have not been recently used; cond unknown
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,375 sq ft principal dwelling). Lot size: 4,500 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Medical Facility • Laundromat
Geography
Property History
$659,900
Was $749,900
Jun 15, 2026
MLS® 73496850
$749,900
Was $799,900
Apr 20, 2026
MLS® 73496850
$799,900
Apr 7, 2026
MLS® 73496850
Listing Agent: Debbie Lochiatto
Listing Office: Key Real Estate
MLS® Number: 73496850