
5 Walnut #5A Devens — Photo 1 of 41
$450,000
Investment Analysis — 5 Walnut #5A
Devens, MA 01434
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01434 carries an estimated $3,080/mo in gross rent — about a 3.70% cap rate and $16,642/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
1,518
Style
Condominium
Built
1934
Cash purchase — the association is currently unwarrantable for financing due to an ongoing special assessment, which the seller is paying in full at closing. Deleaded, with a Letter of Full Compliance on file. New property management as of August 1, 2026. A classic brick light-filled end unit tucked into the corner of the lot with tall arborvitae privacy hedge along the back and side and stately mature maples out front lining the historic street. The original maple hardwood floors are the thing people comment on first. The front-to-back living, dining, and flex space runs the depth of the unit with light pouring in from three sides — room enough for a workout corner and a piano and still somewhere to sit! Half bath tucked in for guests. Maple cabinets and real storage in the kitchen, with direct access to the garage and extra parking. Three bedrooms and two full baths up, plus a third full bath in the full-height basement, dog washing made easy here! Pull down access to the spacious attic storage. Central air. Private yard. Front step masonry repair scheduled. Students attend Harvard Public Schools. Marty's Cafe is a stroll across Jackson Road, with Red Tail Golf, Anytime Fitness, walking trails, yoga on the lawn, and a steady run of community events close by. Lovely unit. Straightforward terms. Bring your cash buyers.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Walk/Jog Trails • Golf • Conservation Area • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First16.083333333 x 15.416666666
Flooring - Hardwood, Open Floorplan
Dining Room
Lvl Main,First14.25 x 15.416666666
Flooring - Hardwood, Open Floorplan
Kitchen
Lvl Main,First18.166666666 x 8.916666666
Flooring - Stone/Ceramic Tile, Lighting - Overhead
Master Bedroom
Lvl Second13.333333333 x 16.583333333
Bathroom - Full, Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Second14.083333333 x 8.833333333
Bedroom 3
Lvl Second11.666666666 x 9.833333333
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First4.833333333 x 5.5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second10.5 x 5.333333333
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Lighting - Sconce, Lighting - Overhead
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Lighting - Sconce, Lighting - Overhead
Listing Agent: Find Your Village Real Estate Team
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73559287
