Investment Analysis — 203 Leland Farm Road #203

Ashland, MA 01721

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01721 carries an estimated $3,270/mo in gross rent — about a 4.82% cap rate and $19,262/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,484

Style

Condominium

Built

1981

Space, flexibility and a corner-unit setting give this Ashland townhouse plenty to offer, along with an opportunity to add your own finishing touches over time. Set within Ledgemere Condominiums, this two-level home offers two bedrooms, 1.5 baths and hardwood flooring throughout much of the main living space and both bedrooms. The remodeled kitchen features stone counters, stainless steel appliances, gas cooking, a breakfast bar and generous cabinetry, flowing into the dining and living areas. While some cosmetic updates would bring a fresh new look, the home offers a solid foundation, great space and the chance to make it your own. The finished basement room adds valuable bonus space for a family room, office, gym or game room, with direct garage access for added practicality especially for those chilly winters. A private wood deck, central air, in-unit laundry, under-unit garage and additional paved parking add to the appeal. Improvements include a new HVAC system in 2020, remodeled kitchen, newer windows and storm door, fire door in the garage and Q-system garage door opener. With shopping, parks, trails, commuter rail and major routes nearby, this is a great opportunity to bring your vision to a well-located Ashland townhouse.

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 MLS and other third-party data may be inaccurate or out of date.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