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165 Cottage St #207 Chelsea — Photo 1 of 15

165 Cottage St #207 Chelsea — Photo 1 of 15

$385,000

Investment Analysis — 165 Cottage St #207

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 3.39% cap rate and $13,033/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

865

Style

Condominium

Built

1987

***OPEN HOUSE UPDATE: Dial 1207 at the red and white barrier gate. Visitor parking located on the left after the gate.*** Beautifully updated 2BR, 1.5BA condo offering 865 SF of inviting, low-maintenance living. The updated open concept kitchen features beautiful cabinetry, granite countertops, and a new stainless steel oven, creating a stylish and functional space for everyday living and entertaining. The master bedroom provides access to a large walk-in closet providing exceptional storage. Convenient laundry hookups are located in the unit, and one exclusive parking space as well as a designated storage unit is included. Set within a professionally managed, gated community, residents enjoy an in-ground pool, fitness center, sauna, clubhouse, and rentable conference room. Ideally located near the MBTA Silver Line, Chelsea Commuter Rail, major highways, shopping, dining, bike paths, beaches, and Boston. HOA fee is $585/month. A great opportunity to enjoy updated living, convenient amenities, and easy access to the city. Ask about fixed rates in the mid 5s, $25,000 grant qualifications, & $500 down payment options!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$385,000
Annual Taxes$3,933
HOA Fee$585

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningCondo

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Pool • Highway Access

Geography

Property History

Listed
$385,000

Sep 30, 2026

MLS® 73584743

Terminated
$405,998

Dec 9, 2024

MLS® 73301792

Terminated
$2,500

Nov 26, 2024

MLS® 73306805

Listed
$2,500

Oct 27, 2024

MLS® 73306805

Listed
$405,998

Oct 13, 2024

MLS® 73301792

Listing Provided By

Listing Agent: Jennifer Wu

Listing Office: PRIVI Realty LLC

MLS® Number: 73584743