Active
38 Days on market
994 Washington St #2 Weymouth — Photo 1 of 11

994 Washington St #2 Weymouth — Photo 1 of 11

$319,000

Investment Analysis — 994 Washington St #2

Weymouth, MA 02189

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02189 carries an estimated $2,560/mo in gross rent — about a 5.54% cap rate and $17,672/yr in estimated NOI at the $319,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

550

Style

Condominium

Built

1955

Investor's Dream – Cash-Flow Opportunity! Don't miss this fantastic investment opportunity priced at just $319,000! This well-maintained condo is currently rented for $2,300 per month, providing immediate rental income from day one. This property includes 1 assigned parking space (#24) and is ideally situated in a highly convenient location with easy access to public transportation, major highways, hospitals, parks, shopping, restaurants, and other everyday amenities. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this condo offers excellent value, strong rental income, and long-term appreciation potential.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$319,000
Annual Taxes$2,195
HOA Fee$290

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood
BasementN

Climate & Utilities

HeatingElectric
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Refrigerator • Washer/Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access

Geography

Property History

Listed
$319,000

Aug 6, 2026

MLS® 73560810

Sold
$287,500

Jul 31, 2025

MLS® 73378657

Listed
$295,000

May 22, 2025

MLS® 73378657

Sold
$1,050

Jun 17, 2011

MLS® 71225999

Listed
$1,050

May 3, 2011

MLS® 71225999

Sold
$69,900

Jan 10, 2011

MLS® 71173802

Listed
$64,900

Dec 31, 2010

MLS® 71173802

Terminated
$89,000

Dec 8, 2010

MLS® 71081999

Listed
$89,000

May 17, 2010

MLS® 71081999

Listing Provided By

Listing Agent: Minh Voduy

Listing Office: Thread Real Estate, LLC

MLS® Number: 73560810