What is the estimated cap rate for 9 Parker Street, Chelsea, MA 02150?

Based on rent reported on the MLS listing, 9 Parker Street, Chelsea, MA 02150 (3 units) has an estimated 7.26% cap rate at its $1,049,000 list price, assuming $10,200/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 9 Parker Street, Chelsea, MA 02150?

The MLS listing reports about $10,200/month in total rent for a 3-unit multi-family in 02150. That is in-place rent from the current leases, which can sit below market on a long-held property.

Active Under Contract

50 Days on market

9 Parker Street Chelsea — Photo 1 of 10

$1,049,000

Investment Analysis — 9 Parker Street

Chelsea, MA 02150

Based on rent reported on the MLS listing, a 3-unit multi-family in 02150 carries $10,200/mo in gross rent — about a 7.26% cap rate and $76,176/yr in estimated NOI at the $1,049,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

5,355

Style

3 Family - 3 Units Up/Down

Built

1900

9 Parker Street is a fully leased, three-unit apartment building in Chelsea, comprised entirely of spacious 4-bedroom/1-bath units. All units are lead-paint certified, minimizing near-term compliance exposure for a new owner. Coin-operated laundry on site provides an additional income stream, rounding out a well-maintained, income-producing asset. Chelsea has emerged as one of Greater Boston's most accessible and fast-growing communities, offering close proximity to downtown Boston, strong transit connectivity, and a diverse, walkable urban core. Continued investment and redevelopment across the city continue to draw renewed interest from both homeowners and investors, reinforcing Chelsea's position as one of the region's most attractive value-oriented submarkets. Potential to add a fourth unit in the lower level.

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.

Financials

Original Price$1,049,000

Annual Taxes$16,848

Parking

Garage0

Off-Street0

Interior Specifications

Total Rooms19

FireplacesNone

FlooringOther

BasementNone

Climate & Utilities

Heating--

Cooling--

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionSee Remarks

RoofOther

FoundationOther

Zoning3F-2000

Property & Lot

Acres0.06

SqFt Lot2,792

Lot FeaturesOther

Geography

Listing Provided By

Listing Agent: Kevin Benzinger

Listing Office: Boston Realty Advisors

MLS® Number: 73570203