Investment Analysis — 50 Sullivan #2

Boston, MA 02129 — Charlestown

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02129 carries an estimated $4,020/mo in gross rent — about a 4.43% cap rate and $30,521/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

704

Style

Condominium

Built

1990

This bright and inviting two-bedroom, one-bath condo offers a fantastic opportunity to enjoy the best of Charlestown. The spacious open-concept layout connects the living, dining, and kitchen areas, complemented by wide-plank pine floors, tall ceilings, and excellent natural light throughout. The kitchen features custom cabinetry, granite countertops, and stainless steel appliances, with plenty of room for a dedicated dining area. Both bedrooms are generously sized and offer customized closet storage, while one bedroom provides direct access to a private balcony—an ideal spot to enjoy some fresh air. Additional highlights include central air conditioning, laundry in the building, and a pet-friendly association.

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 MLS and other third-party data may be inaccurate or out of date.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