Investment Analysis — 653-659 E 2nd St #205

Boston, MA 02127 — South Boston

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02127 carries an estimated $3,790/mo in gross rent — about a 2.28% cap rate and $20,480/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,066

Style

Condominium

Built

1930

Welcome to 655 East Second Street, Unit 205—an exceptional 2-bedroom, 2-bath condominium offering approximately 1,066 square feet of spacious living in one of South Boston’s most desirable locations. This beautifully appointed home features an open and inviting layout with high ceilings, brazillian cherry floors and abundant natural light. The well-designed kitchen offers granite countertops, stainless steel appliances and ample cabinetry, opening seamlessly to the living and dining areas—perfect for everyday living and entertaining. The generous primary suite features a private bath with a spa-inspired walk-in shower, while the second full bath offers a relaxing tub. Additional highlights include central A/C, in-unit washer and dryer, deeded storage and covered heated garage parking. Ideally situated on South Boston’s East Side with convenient access to w. Broadway, Castle Island, the Seaport, public transportation and the neighborhood’s outstanding restaurants, shops and amenities. City living at its best with the space, comfort and parking you’ve been looking for.

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 MLS and other third-party data may be inaccurate or out of date.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