10 Melvin Ave #9 Boston — Photo 1 of 27
$485,000
Investment Analysis — 10 Melvin Ave #9
Boston, MA 02135 — Brighton
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02135 carries an estimated $3,250/mo in gross rent — about a 3.60% cap rate and $17,478/yr in estimated NOI at the $485,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
791
Style
Condominium
Built
1910
Welcome to 10 Melvin Ave #9! It is awaiting a new owner. This prewar built, charming brick building condo features 2 bedrooms 1 bathroom and balcony. The whole condo was freshly painted, floors redone and with a light bathroom update including new shower head, medicine cabinet and vanity. This condo has an open kitchen with breakfast bar or pass through window. The adorable kitchen has a NEW SS fridge and stove. The mudroom features two large closets and beautiful original hardwood floors. The sunny balcony that overlooks the street is perfect for dinner or your morning coffee. This condo has an EXCELLENT location; near Whole Foods, 1/2 block from the Washington St Green line stop and lots of restaurants! The building is also fairly close to Coolidge Corner if you want to take a ride to check out all they have there. This property has basement laundry, bike storage and private storage (unit 9). This unit is great for BOTH an owner occupant or an investor looking to broaden their portfolio! This building is managed by BRIGS and the HOA fee covers: Interior/exterior maintenance, heat, cold/hot water and sewer. According to the owner parking on Melvin Ave has a loophole where no parking pass is required however the other streets do require a Allston/Brighton sticker to park.
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 MLS and other third-party data may be inaccurate or out of date.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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Balcony - Exterior
Kitchen
Lvl FirstFlooring - Hardwood
Primary Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile
Listing Agent: Salvatore Brett Sillari
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73578884
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