16 High St Chelsea — Photo 1 of 28
$685,900
Investment Analysis — 16 High St
Chelsea, MA 02150
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02150 carries an estimated $3,480/mo in gross rent — about a 3.57% cap rate and $24,484/yr in estimated NOI at the $685,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
1.5
SqFt
2,080
Style
Single Family
Built
1930
This beautifully renovated home is ready for its next owner! The house has been completely renovated and features a roof, siding, and heating system that are approximately 6 years old. Located on a quiet dead-end street near the desirable Admiral’s Hill community and just off the Tobin Bridge, this property offers easy access to Boston and surrounding areas. With its extensive renovations and convenient location, this home is a great opportunity for buyers looking for a move-in-ready property as well as investors seeking a desirable location close to Boston. COME SEE THIS BEAUTIFULLY RENOVATED HOME TODAY!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,080 sq ft principal dwelling). Lot size: 2,000 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Gas Water Heater • Range • Dishwasher
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Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
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Listing Agent: Rossanna Coelho
Listing Office: Collier Cacciola Real Estate, LLC
MLS® Number: 73582225