Active
44 Days on market
2 Railroad Avenue Rowley — Photo 1 of 41

2 Railroad Avenue Rowley — Photo 1 of 41

Recent Drop: $29,900

$1,379,900
$1,350,000

$1,350,000

Investment Analysis — 2 Railroad Avenue

Rowley, MA 01969

Based on rent reported on the MLS listing, a 2-unit multi-family in 01969 carries $7,800/mo in gross rent — about a 4.45% cap rate and $60,136/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

5

SqFt

3,436

Style

2 Family - 2 Units Side by Side

Built

2025

Unique New Construction ready for occupancy! 2 Beautifully designed 3 bed 2.5 bath townhouses. First floors features open concept Kitchen /dining/ living room. Designer kitchen cabinets, quartz countertops & full backsplash, Stainless steel appliances, Induction cooking. 1/2 baths round out 1st floor. Large back yard with shed and TWO 4 car deeded driveways. Perfect spot for commuters and boaters, located just up the street from the Essex Greenbelt boat launch and MBTA train station on Railroad Ave. Custom woodwork, designer finishes & beautiful stained hardwood floors throughout. The Larger unit features giant dressing room, and a home office. Primary bath with tub and custom shower, double vanities & designer tile. 2nd and 3rd bedrooms feature soaring cathedral ceilings High quality, Energy efficient construction includes: Foam insulation, Andersen windows, heat pump heating/AC, Laundry in each unit. Private basements. New septic system.

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 MLS and other third-party data may be inaccurate or out of date.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

Immersive Experience

Open Houses

Property Details

Financials

Original Price$1,379,900
Annual Taxes$11,000

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms12
Fireplaces2
FlooringTile, Hardwood
BasementPartial, Interior Entry, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter, Stone
ZoningOut

Property & Lot

Acres0.24
SqFt Lot10,582
Lot FeaturesCorner Lot

Geography

Property History

Price Drop
$1,350,000

Was $1,379,900

Aug 14, 2026

MLS® 73556876

Listed
$1,379,900

Jul 30, 2026

MLS® 73556876

Listed
$599,900

Jul 30, 2026

MLS® 73556874

Listed
$729,900

Jul 30, 2026

MLS® 73556878

Listed
$729,900

Jul 30, 2026

MLS® 73556875

Listed
$599,900

Jul 30, 2026

MLS® 73556877

Terminated
$739,900

Jul 1, 2026

MLS® 73516565

Terminated
$739,900

Jun 30, 2026

MLS® 73516556

Terminated
$689,900

Jun 30, 2026

MLS® 73516553

Terminated
$1,429,900

Jun 30, 2026

MLS® 73516571

Terminated
$689,900

Jun 30, 2026

MLS® 73516566

Listed
$739,900

May 12, 2026

MLS® 73516556

Listed
$689,900

May 12, 2026

MLS® 73516553

Listed
$739,900

May 12, 2026

MLS® 73516565

Listed
$1,429,900

May 12, 2026

MLS® 73516571

Listed
$689,900

May 12, 2026

MLS® 73516566

Listing Provided By

Listing Agent: Michael Becker

Listing Office: Atlantic Coast Homes,Inc

MLS® Number: 73556876