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440 Broadway #202 Chelsea — Photo 1 of 27

440 Broadway #202 Chelsea — Photo 1 of 27

$385,000

Investment Analysis — 440 Broadway #202

Chelsea, MA 02150

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02150 carries an estimated $3,150/mo in gross rent — about a 4.74% cap rate and $18,261/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,175

Style

Condominium

Built

2026

Income-restricted 3-bedroom condo at 440 Broadway, a new 28-unit residential development in the heart of Chelsea. This energy-efficient, PassiveHouse-certified building offers full-building elevator access and in-unit laundry hookups. The unit features a kitchen with refrigerator, microwave, dishwasher, and garbage disposal. Approximately 1,175 sq ft. On-site garage parking available for purchase. Located within 0.5 miles of the Chelsea commuter rail and adjacent to Broadway corridor bus stops. Sold through an income-restricted homeownership lottery to households at or below 100% AMI. Asset and use restrictions apply.

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 MLS and other third-party data may be inaccurate or out of date.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$99,999
HOA Fee$487.22

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingDuctless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation

Geography

Listing Provided By

Listing Agent: John Costello

Listing Office: Maloney Properties LLC

MLS® Number: 73583398