157 Chestnut #203 Chelsea — Photo 1 of 28
$499,000
Investment Analysis — 157 Chestnut #203
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 2.58% cap rate and $12,874/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,006
Style
Condominium
Built
2024
BEST VALUE IN CHELSEA! GREAT PRICE — $499,000 + SELLER WILL PREPAY YOUR FIRST 6 MONTHS OF CONDO FEES! Welcome to The Chelsea Flats, a beautifully designed newer-construction condominium offering modern city living with exceptional value. This thoughtfully appointed home features an open-concept layout, sleek contemporary finishes, GE appliances, central HVAC, in-unit laundry, and a spacious walk-in closet. Step outside to your private balcony or head up to the impressive shared rooftop deck to take in breathtaking Boston skyline and city views. Additional amenities include deeded covered garage parking, elevator access, and secure keyless remote entry. Ideally situated with direct bus access to Downtown Boston in approximately 10 minutes, plus convenient access to the Commuter Rail and Silver Line. Enjoy easy access to restaurants, shopping, entertainment, and everything the city has to offer. **Qualified buyers may also be eligible for down payment assistance, low down payment options, and special financing incentives.** With a great price, six months of condo fees prepaid by the seller, and a prime location just minutes from Boston, this is an opportunity you don't want to miss!
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 MLS and other third-party data may be inaccurate or out of date.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.
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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 Dishwasher • ENERGY STAR Qualified Washer • Oven • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Listing Agent: Teagan Gaeta
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73573189
