511 Ferncroft Tower #511 Middleton — Photo 1 of 42
$575,000
Investment Analysis — 511 Ferncroft Tower #511
Middleton, MA 01949
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01949 carries an estimated $2,560/mo in gross rent — about a 0.86% cap rate and $4,960/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,531
Style
Condominium
Built
1976
This distinctively beautiful 2 bd/2ba, 1531 s.f. condo offers the discriminating buyer an ambiance beyond compare. Walls of windows/sliders open to a 35 ft. private balcony which overlooks manicured lawns. The updated kitchen features all appliances, multiple custom cabinetry, granite counters, tiled backsplash, ample desk area, and opens graciously to the large living/dining room featuring gleaming hardwood floors with a beautiful corner electric fireplace which make for cozy evenings during the cold winter months. The newly renovated guest bath boasts a large walk-in shower with tiled stone ceramic walls/floor. The 20x13 s.f. prime bedroom suite boasts a 12x6 ft. customized walk-in closet plus 2 additional closets and updated ensuite prime bath. Garage parking, extra storage, 24-hr. security, function room with full kitchen, state-of-the-art fitness center, heated outdoor pool, 24-hr. security, on-site manager, on-site maintenance superintendent, easy access to highways and shopping are only some to the many amenities the residents enjoy at the prestigious Ferncroft Tower. Best of all--maintenance fee INCLUDES ALL UTILITIES!! SINGLE-LEVEL LIVING AT ITS BEST!!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Shopping • Pool • Tennis Court(s) • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First23 x 14
Dining Room
Lvl First15 x 10
Kitchen
Lvl First14 x 10
Primary Bedroom
Lvl First20 x 13
Walk-In Closet(s)
Bedroom 2
Lvl First15 x 12
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall
Listing Agent: Ann Mcguiggin
Listing Office: Country Crossroads Realty Associates LLC
MLS® Number: 73579130
