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50 Cottage St #1, Chelsea, MA, 02150

3beds
3baths
1,558sqft
$730,000
$469price/sqft
$4,984/moest. monthly cost
$199,360/yrincome needed

About This Home

ATTENTION INVESTORS !This beautifully designed bi-level condo residence where modern elegance seamlessly blends with everyday functionality. Featuring soaring 9-foot ceilings. This home delivers a sophisticated yet comfortable living experience. The open-concept layout is enhanced by rich hardwood flooring. This unit creating warmth and timeless appeal.Recessed lighting illuminates each space adding both style and ambiance. Enjoy your own private outdoor deck -the perfect setting for morning coffee, relaxing evenings or entertaining guest. The chef-inspired kitchen is a true showpiece, combining style and practicality with white shaker-style cabinetry, sleek matte black hardware, and natural wood shelving that adds a modern rustic touch. A stunning quartz waterfall island serves as both functional workspace and elegant centerpiece, while stainless steel appliances complete this design. Conveniently located near major highway access, restaurants, Encore Casino and Logan airport.

Getting Around

91
WalkingWalker's Paradise
62
TransitGood Transit
36
BikeSomewhat Bikeable

Schools

--
Shurtleff Early ChildhoodGrades PK-10.3 mi
3/10
Clark Avenue SchoolGrades 5-80.3 mi
2/10
Chelsea High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Shingle
  • Construction materials: Frame

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range,Dishwasher,Disposal,Microwave,Refrigerator,ENERGY STAR Qualified Refrigerator
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finish - Cement Plaster,Finish - Sheetrock,Wired for Sound
  • Finished area below ground: 99,999
  • Finished area above ground: 1,558

Heating & Cooling

  • Heating features: Central,Forced Air,ENERGY STAR Qualified Equipment
  • Cooling features: Central Air,ENERGY STAR Qualified Equipment

Interior Area

  • Total structure area: 1,558
  • Total interior livable area: 1,558 sqft

Living Room

  • Features: Flooring - Hardwood, Cable Hookup, Recessed Lighting

Master Bathroom

  • Features: Yes

Property

Details

  • Parcel number: 5237359
  • Zoning: RESIDENTIA

Features

  • Patio & porch: Porch,Deck,Deck - Wood,Deck - Composite,Patio
  • Exterior features: Porch,Deck,Deck - Wood,Deck - Composite,Patio,Rain Gutters

Parking

  • Total spaces: 2
  • Parking features: Attached,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,691$44,292
Home Insurance *$262$3,144
Property Taxes $677$8,124
Electricity $354$4,259
Total$4,984$59,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$170,880/yr
40% on housing$149,520/yr
45% on housing$132,906/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$469This listing

vs Other Active Listings

Avg $/sqft

ZIP 02150$318
Suffolk County$575

vs Homes Sold Last Month

Median $/sqft

ZIP 02150$325
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-22Price change$730,000
2026-06-01Listed for sale$750,000
2025-07-10Listing removed$799,000
2025-06-05Price change$799,000
2025-05-26Price change$800,000
2025-05-13Listed for sale$850,900
2024-11-29Listing removed$3,500
2024-11-19Listed for rent$3,500
2024-07-08Listing removed--
2024-06-03Listed for rent$3,200
2022-07-07Listing removed$649,900
2022-05-18Listed for sale$649,900
2022-04-07Sold$649,900
2022-03-04Contingent$649,900
2022-02-28Listed for sale$649,900

For Sale by Agent

AgentGregory Somar
BrokerageColdwell Banker Realty - Dorchester

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