74 Springvale Ave #1 Chelsea — Photo 1 of 29
$350,000
Investment Analysis — 74 Springvale Ave #1
Chelsea, MA 02150
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02150 carries an estimated $2,630/mo in gross rent — about a 4.03% cap rate and $14,112/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
784
Style
Condominium
Built
1970
Affordable opportunity to be to be in a residential neighborhood close to Boston! This bright and well kept corner unit condo welcomes you with a refreshed kitchen on your right, you will find an updated stove and dishwasher, as well as refreshed countertops, kitchen cabinets, and a subway backsplash. The floors have been updated throughout with modern vinyl plank flooring which leads you into a large living area with tons of shelving for storage space. Further you will find one generously sized bedroom as well as a large master bedroom with his and hers closets as well as a full bath. This condo comes with a deeded parking space, extra storage in the basement, and in building laundry! This condo is in the desirable Prattville neighborhood, just minutes from Revere, Everett, & Boston. Easy commutes with access to MBCR, MBTA, & highways (Rt 1, 1A, 16, 93). The building is incredibly well maintained, don't miss out on this opportunity to live in or invest in one of MA's fastest growing cities!
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Laminate, Lighting - Overhead
Kitchen
Lvl FirstFlooring - Laminate, Recessed Lighting, Lighting - Overhead
Master Bedroom
Lvl FirstCloset, Flooring - Laminate, Lighting - Overhead
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Listing Agent: The Deborah Lucci Team
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73563154