950 Broadway #31 Chelsea — Photo 1 of 23
$535,000
Investment Analysis — 950 Broadway #31
Chelsea, MA 02150
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02150 carries an estimated $2,210/mo in gross rent — about a 1.61% cap rate and $8,636/yr in estimated NOI at the $535,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
1,225
Style
Condominium
Built
2008
Must see to fully appriecate industrial loft condo with flexible floorplan and 20+ foot ceilings. Very unique oversized 1-bedroom unit with bonus lofted office space. Garage parking spot included. The living room, a grand space within this condominium, is distinguished by its remarkable beamed, high, and vaulted ceilings, creating an atmosphere of spaciousness and architectural interest, making it a unique setting for both relaxation and entertainment. The kitchen is designed to inspire culinary creativity, featuring stone countertops that provide a durable and elegant work surface, shaker cabinets offering ample storage. Custom closets in bedroom and office area. This condo offers a private outdoor retreat with its balcony and patio, providing an ideal setting for outdoor dining and relaxation. Professionally managed association with popular "The Agaves Restaurant" on the first floor. Newly renovated 3,000+ SF common roof deck with 360 degree views including the Boston skyline.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation
Geography
Property History
$535,000
Sep 8, 2026
MLS® 73572873
$525,000
Mar 11, 2026
MLS® 73431290
$525,000
Sep 16, 2025
MLS® 73431290
Listing Agent: Patrick Millane
Listing Office: 617 Real Estate Group, LLC
MLS® Number: 73572873