$449,000
●
Condo -
In Contract
64 Washington Avenue #D
Chelsea, MA 02150
2 Beds
2 Baths
973 Ft²
$2,854
Est. Monthly
$318
HOA / Fees
6.28%
Cap Rate
About This Property
Located in the heart of Chelsea this 2 bedroom, 2 bath condo boasts
soaring 10-foot ceilings, a large eat-in kitchen which provides
plenty of room for an island and dining table, making it perfect
for cooking and entertaining. The separate living room offers
flexibility to suit your lifestyle, whether you envision it as a
cozy family room, a vibrant gathering space, or even a potential
bonus bedroom. The primary bedroom includes an ensuite bath for
added privacy, while both bedrooms feature generous closet space &
lofted areas for additional storage. Enjoy the convenience of
in-unit laundry with a brand-new all-in-one washer/dryer. Recent
updates include a roof that's just 2 years old and a hot water tank
installed in 2022. Outside, you'll find your private deck, ideal
for enjoying the outdoors. This unit also includes 1 dedicated
parking space, with additional parking available for rent.
Commuters will appreciate easy access to the commuter rail, bus
lines, highways, and the airport.
Unit Size
973 Ft²
Days on Market
-
Land Size
-
Price per sqft
$461
Property Type
Condo
Property Taxes
$331
HOA Dues
$318
Year Built
-
Listed By
The Sarkis Team
Douglas Elliman Real Estate
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 days ago (MLSPIN #73324685)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by Douglas Elliman Real Estate - The Sarkis Team | $449,000 | |
| Listed by Douglas Elliman Real Estate - The Sarkis Team | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Features: Ceiling Fan(s), Flooring - Hardwood
Level: First
Level: First
Features: Flooring - Hardwood, Storage
Level: First
Features: Bathroom - Full, Closet, Flooring - Hardwood
Level: First
Features: Ceiling Fan(s), Flooring - Hardwood, Dryer Hookup - Electric
Level: First
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: First
Features: Closet
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: First
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Flooring Type: Hardwood, Engineered Hardwood
Laundry Features: First Floor, In Unit, Gas Dryer Hookup, Electric Dryer Hookup
Rooms: 4
Basement: N
Parking Details
Parking Features: Assigned, Paved
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: 64 Washington Avenue Condominum
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: 1021
Parcel Number: 4266299
Water Source: Public
Financial Details
Tax Assessed Value: $329,900
Tax Annual Amount: $3,967
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Gas Dryer, for Electric Dryer
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
Association Fee Frequency: Monthly
HOA Fee: $318
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Other
Complex is Completed
64 Washington Avenue #D, Chelsea, MA, 02150
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
1
Bath
812 ft²
$541/ft²
$439,000
Jan 13, 2022
$439,000
Mar 17, 2022
$100/mo
Sold
House
3
Beds
1
Bath
1,200 ft²
$354/ft²
$425,000
Apr 30, 2022
-
Jul 15, 2022
$270/mo
Sold
House
3
Beds
1
Bath
1,200 ft²
$383/ft²
$460,000
May 29, 2024
$460,000
Jul 17, 2024
$374/mo
Sold
Multifamily
3
Beds
3
Baths
1,914 ft²
$196/ft²
$375,000
May 11, 2015
$375,000
Aug 22, 2015
$226/mo
Sold
House
4
Beds
2
Baths
1,892 ft²
$264/ft²
$500,000
Sep 27, 2019
$500,000
Nov 25, 2019
-
Sold
Multifamily
6
Beds
2
Baths
2,324 ft²
$204/ft²
$475,000
Aug 20, 2018
$475,000
Feb 28, 2019
$351/mo
Active
Condo
2
Beds
2
Baths
865 ft²
$467/ft²
$404,000
Jul 21, 2024
-
$881/mo
Active
Condo
2
Beds
2
Baths
1,162 ft²
$361/ft²
$419,888
Nov 19, 2024
-
$1,179/mo
Active
Condo
2
Beds
2
Baths
1,166 ft²
$377/ft²
$440,000
Dec 17, 2024
-
$1,115/mo
In Contract
Condo
3
Beds
1
Bath
885 ft²
$508/ft²
$449,900
Dec 20, 2024
-
$530/mo
Active
Condo
2
Beds
1
Bath
1,220 ft²
$422/ft²
$515,000
Sep 19, 2024
-
$724/mo
In Contract
Condo
3
Beds
1
Bath
1,175 ft²
$425/ft²
$499,900
Dec 21, 2024
-
$545/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/19/2024
|
2 Bed
|
2 Bath
|
973 ft²
|
$489,000
2 Bed
2 Bath
973 ft²
|
-
-
|
-
|
The Sarkis Team
Douglas Elliman Real Estate
| |
|
03/27/2024
|
2 Bed
|
1 Bath
|
784 ft²
|
$299,900
2 Bed
1 Bath
784 ft²
|
$300,000
+0.03%
06/06/2024
|
-
|
Borinquen Jimenez
Madelyn Garcia Real Estate
| |
|
08/31/2023
|
2 Bed
|
1 Bath
|
-
|
$309,900
2 Bed
1 Bath
|
-
-
|
-
|
Borinquen Jimenez
Madelyn Garcia Real Estate
| |
|
03/01/2019
|
1 Bed
|
1 Bath
|
658 ft²
|
$240,000
1 Bed
1 Bath
658 ft²
|
$252,000
+5.00%
03/28/2019
|
Stephanie Mancinelli
| ||
|
03/22/2017
|
1 Bed
|
1 Bath
|
658 ft²
|
$189,900
1 Bed
1 Bath
658 ft²
|
-
08/18/2017
|
Michael Duran
Limitless Real Estate Group, LLC
| ||
|
11/14/2013
|
2 Bed
|
2 Bath
|
973 ft²
|
$130,000
2 Bed
2 Bath
973 ft²
|
$124,500
-4.23%
01/02/2014
|
-
|
Silvia Guerini
Keller Williams Realty Evolution
| |
|
07/12/2013
|
2 Bed
|
2 Bath
|
973 ft²
|
$115,000
2 Bed
2 Bath
973 ft²
|
$120,000
+4.35%
09/27/2013
|
-
|
Sabbor Sheikh
Coldwell Banker Realty - Back Bay
| |
|
09/02/2011
|
2 Bed
|
2 Bath
|
979 ft²
|
$77,900
2 Bed
2 Bath
979 ft²
|
$77,900
11/21/2011
|
-
|
Sonia Lithgow
Tropical Realty
| |
|
03/03/2010
|
1 Bed
|
1 Bath
|
658 ft²
|
$25,000
1 Bed
1 Bath
658 ft²
|
$15,000
-40.00%
03/28/2011
|
-
|
Ann Behen
RE/MAX Andrew Realty Services
| |
|
11/19/2008
|
2 Bed
|
1 Bath
|
973 ft²
|
$58,000
2 Bed
1 Bath
973 ft²
|
$54,000
-6.90%
02/24/2009
|
-
|
Alexander Colarusso
Colarusso Realty
| |
|
09/25/2007
|
2 Bed
|
2 Bath
|
979 ft²
|
$285,500
2 Bed
2 Bath
979 ft²
|
$275,000
-3.68%
12/12/2007
|
-
|
Bradley Davis
Foster Realty
| |
|
10/07/2003
|
2 Bed
|
1 Bath
|
784 ft²
|
$159,900
2 Bed
1 Bath
784 ft²
|
$154,000
-3.69%
07/22/2004
|
-
|
Guisela Rivera
United Brokers
| |
|
08/01/2002
|
2 Bed
|
2 Bath
|
973 ft²
|
$169,900
2 Bed
2 Bath
973 ft²
|
$158,000
-7.00%
09/22/2003
|
-
|
Lisa Licata-Schepici
L.L.S. Realty LLC
| |
|
11/23/2001
|
2 Bed
|
2 Bath
|
1200 ft²
|
$189,900
2 Bed
2 Bath
1200 ft²
|
$189,000
-0.47%
03/29/2002
|
-
|
Karen Venditto
Karmichael Realty
|
Building Info
64 Washington Avenue
64 Washington Avenue, Chelsea, MA 02150
- 1 Unit for Sale
