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63 Neillian Way #63 Bedford — Photo 1 of 23

63 Neillian Way #63 Bedford — Photo 1 of 23

$509,000

Investment Analysis — 63 Neillian Way #63

Bedford, MA 01730

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01730 carries an estimated $3,330/mo in gross rent — about a 5.10% cap rate and $25,973/yr in estimated NOI at the $509,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,007

Style

Condominium

Built

1956

Having you been looking for a 2 bedroom, newly renovated condo with 2 parking spaces and a large fenced in yard? Here it is! 63 Neillian Way was purchased in 2024 and lovingly updated. It's a challenge to find an area of this home that wasn't improved by the current homeonwers! The living room is a bright, sunny place that flows into the brand new kitchen. This area was reconfigured and features all new cabinets, granite countertops, a marble tiled backsplash, stainless steel appliances, and new lighting. Down the hall you will find a fully remodeled full bathroom with an oversized shower and one bedroom. The current owners added a flex space off of the kitchen that could function as a second bedroom, family room, office, etc. This space has vaulted ceilings, a laundry closet, and opens up to the beautiful, fully fenced, private backyard. The unfinished basement offers over 300 square feet of storage space that could easily be finished to create more living space if needed!Updates include: Roof 2020, gas Boiler 2021, hot water tank 2023, 1st floor windows 2023, basement windows 2024, new entry door 2024, new bulkhead over exterior basement access 2024, kitchen remodel 2024, bathroom remodel 2024, new flooring throughout 2024, electrical upgrade to 100 amps 2024, fencing 2024, 3 stage water filter in kitchen 2025, bedroom addition 2025 including mini split, gravel patio and side yard entrance 2026, new gutters/soffit trim 2026, front railings 2026, retaining wall garden beds 2026, front landscaping 2026. Neillian Way is convenient to Bedford center, Route 95, Lexington, and more. There's nothing to do here but move in.

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.

Open Houses

Property Details

Financials

Original Price$509,000
Annual Taxes$4,397

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningC

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer/Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Floorplan Breakdown

Structural Layout

First
KitchenPrimary BedroomBedroom 2Bathroom 1
Main,First
Living Room
Living Room
Lvl Main,First

11 x 14

Closet, Flooring - Vinyl, Exterior Access, Remodeled

Kitchen
Lvl First

13 x 7

Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Lighting - Overhead

Primary Bedroom
Lvl First

13 x 10

Cedar Closet(s), Flooring - Vinyl, Lighting - Overhead

Bedroom 2
Lvl First

13 x 11

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Team Suzanne And Company

Listing Office: Compass

MLS® Number: 73584406