Active
2 Days on market
188 Summer St #3 Weymouth — Photo 1 of 20

188 Summer St #3 Weymouth — Photo 1 of 20

$485,000

Investment Analysis — 188 Summer St #3

Weymouth, MA 02188

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02188 carries an estimated $2,710/mo in gross rent — about a 3.05% cap rate and $14,778/yr in estimated NOI at the $485,000 list price. Adjust every assumption in the calculator below.

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Beds

2

Baths

2

SqFt

1,372

Style

Condominium

Built

1968

Enjoy the ease of townhouse-style living in this beautifully updated two-level condo, ideally located near the shops, restaurants, and conveniences of Weymouth Landing. The main level features a well-appointed kitchen with granite countertops, breakfast bar with seating and stainless steel appliances. The open floorplan showcases gleaming Brazilian cherry hardwood floors, natural light and an inviting gas fireplace that adds warmth and character to the living space. A full bath completes this level. Downstairs, two generously sized bedrooms and an additional full bath provide comfortable, flexible living space. In-unit laundry, central air conditioning, deeded parking, and deeded storage add to the home’s everyday ease. With quick access to major highways and convenient transportation options into Boston, this move-in-ready condo offers an ideal combination of comfort, location, and low-maintenance living.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$485,000
Annual Taxes$4,643
HOA Fee$441.2

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
Fireplaces1
FlooringWood, Tile, Carpet
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
Roof--
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Master BedroomBedroom 2Bathroom 2
Main,Second
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,Second

Flooring - Hardwood

Dining Room
Lvl Main,Second

Flooring - Hardwood

Kitchen
Lvl Main,Second

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook

Master Bedroom
Lvl First

Bathroom - Full, Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First
Bathroom 1
Lvl Main,Second

Bathroom - Full

Bathroom 2
Lvl First

Bathroom - Full

Listing Provided By

Listing Agent: Heather Reardon

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73575088