
57 Prescott Ave #57 Chelsea — Photo 1 of 25
$469,900
Investment Analysis — 57 Prescott Ave #57
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 3.13% cap rate and $14,721/yr in estimated NOI at the $469,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
1,613
Style
Condominium
Built
1987
Presenting a distinguished condominium residence at 57 Prescott Ave U:57, Chelsea, MA. Constructed in 1987, this 1613 square foot property offers an inviting home environment across three stories, meticulously prepared for immediate occupancy. The residence encompasses two well-proportioned bedrooms, providing comfortable private quarters. Complementing these are two full bathrooms and an additional half bathroom, thoughtfully appointed to accommodate both residents and guests with ease and a full finished, walkout basement. The exterior of this condominium showcases a traditional architectural style and newer back deck for outdoor entertaining. Two deeded parking spots and a low condo fee make this a great single family alternative. Minutes to highway, airport, medical facility, shopping, Home Depot, Broadway and restaurants.
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 MLS and other third-party data may be inaccurate or out of date.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 • Disposal
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Listing Agent: Lisa Licataschepici
Listing Office: Coldwell Banker Realty - Lynnfield
MLS® Number: 73570231
