
30 Welles Ave #3 Boston — Photo 1 of 30
$575,000
Investment Analysis — 30 Welles Ave #3
Boston, MA 02124 — Dorchester's Ashmont
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02124 carries an estimated $3,080/mo in gross rent — about a 3.62% cap rate and $20,815/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,442
Style
Condominium
Built
1925
Crowning a stately Victorian in the heart of Ashmont Hill, this 1,442 square foot, 3 bedroom home occupies the entire top floor, a private, sun-drenched retreat above the neighborhood's tree-lined streets. Dormers and skylights fill every room with light and frame lush, leafy views all year long. The character begins the moment you step inside: the building's entry showcases intricate, unpainted original woodwork, heavy period doors and the amber glow of stained glass. Upstairs, the home's soaring lines and angled dormer ceilings create cozy, inviting spaces full of architectural soul, while deep window seats with built-in cedar storage offer a sweet spot to curl up with a book. Owned and meticulously maintained by the same owner, a carpenter, for more than three decades, the home is freshly painted and ready for its next chapter. The kitchen features granite counters and updated appliances, and practical upgrades include a high-efficiency heating system (2020), full insulation for year-round comfort, and in-unit laundry. Storage is exceptional for city living: a massive private attic accessed directly from the unit, two private basement storage rooms, and generous closets throughout. One deeded off-street tandem parking space is included. The pet-friendly, 100% owner-occupied three-unit association shares a large backyard, where Unit 3 has its own dedicated raised garden bed. Ashmont Hill itself is one of Boston's most beautiful historic enclaves. Developed in the 1880s and 1890s, when it was known as something of an artists' colony, the neighborhood is a showcase of Queen Anne, Shingle Style and Colonial Revival homes set along gracious streets shaded by mature trees, and Welles Avenue is among its earliest. Stroll past ornate porches and turrets to Peabody Square, where the historic clock and landmark All Saints Church anchor the square. Here you'll find the Ashmont Red Line station, dinner at Tavolo, coffee at Ripple Cafe, prepared foods at American Provisions and workouts at BTone Fitness, with the YMCA, the library and easy access to I-93 nearby. A tremendous value for a spacious, beautiful home with timeless character in one of the area's most beloved communities.
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 • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$575,000
Sep 30, 2026
MLS® 73584401
$599,000
Jul 31, 2026
MLS® 73482761
$599,000
Mar 4, 2026
MLS® 73482761
Listing Agent: Leslie Mackinnon
Listing Office: Compass
MLS® Number: 73584401









