87 Parker St #403 Chelsea — Photo 1 of 35
Recent Drop: $8,888
$500,000
Investment Analysis — 87 Parker St #403
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 2.98% cap rate and $14,876/yr in estimated NOI at the $500,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
807
Style
Condominium
Built
2018
Live at Parker Place, Circa 2018! 2BR/2BA w/ DEEDED GARAGE PARKING, PRIVATE BALCONY COMMON ROOF DECK & ELEVATOR & STORAGE! Open kitchen/dining/living; bedrooms tucked back for privacy. Hardwood floors, high ceilings w/ recessed lighting & abundant natural sunlight. Chef’s kitchen w/ quartz counters, center island, stainless steel appliances & gas range. Primary suite w/ large closet, en-suite bath, double vanity, frameless glass shower, rain & handheld shower heads, plus sliding glass door to balcony. In-unit W/D. Gas furnace w/ on-demand hot water & Central A/C. Professionally managed & Pet Friendly. Easy access to Boston via Silver Line, Commuter Rail, MBTA #116, #117 & #111 Express, Logan Airport, shopping & dining. Close to Chelsea Commons & Mystic Mall.
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 MLS and other third-party data may be inaccurate or out of date.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 • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Oven • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Property History
$500,000
Was $508,888
Jul 9, 2026
MLS® 73543923
$508,888
Jul 1, 2026
MLS® 73543923
$508,888
Jun 30, 2026
MLS® 73527535
$508,888
Jun 1, 2026
MLS® 73527535
$524,900
May 31, 2026
MLS® 73494733
$524,900
Apr 1, 2026
MLS® 73494733
$565,000
Mar 30, 2026
MLS® 73483305
$565,000
Mar 5, 2026
MLS® 73483305
Listing Agent: Jeffrey Bowen
Listing Office: eRealty Advisors, Inc.
MLS® Number: 73543923