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Condominium Income Property with Balcony
For Sale
$369,900
Pending

21 Westgate Rd, Boston, MA 02467

Two-bedroom condominium with updated finishes, included appliances, and access to shared recreational amenities.

Property Size770 SF
Days on Market125

Property Features for 21 Westgate Rd

General Information

Standard status Pending
Size 770 SF
Property subtype Apartment

Amenities

inground swimming pool
tennis courts
playground
Range
Dishwasher
Disposal
Microwave
Refrigerator
Wall Unit(s)
Tile
Bamboo
Baseboard, Natural Gas
1.0 Story
$4,131 Taxes
Public
Built in 1955

Building Details

Year Built 1955
Listing Agency: Berkshire Hathaway HomeServices Commonwealth Real Estate
Listed By: Julie Burgey Kehoe
Source: Donahuere
Added: Jun 4 Changed: Aug 14 Last Checked: Aug 13 at 3:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Commonwealth Real Estate

Investment Insights

Based on property information with market context.

This 770-square-foot condominium contains two bedrooms and one bathroom within a layout designed for practical daily living. The interior has been freshly painted and features bamboo or wood flooring, solid-surface kitchen countertops, and ample closet space. Appliances are included, and a deck or balcony extends from the living room.

Community amenities include an inground swimming pool, tennis courts, and a playground. The property is located at 21 Westgate Rd in Boston’s Chestnut Hill/West Roxbury area, near shopping, dining, parks, and public transportation. Built in 1955, the condominium combines established construction with refreshed interior finishes and shared outdoor amenities.

Key Highlights

  • 770 sq. ft. condominium with 2 bedrooms and 1 bathroom
  • Freshly painted interior with bamboo or wood flooring
  • Kitchen includes solid‑surface countertops and appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,089
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,780 $361.8K
Cap Rate 7%
$258,414 $258.4K
Cap Rate 9%
$200,989 $201.0K
Market Conditions
NOI Build-Up for 770 SF
Gross rent
$34.2K $44.40/SF
− Vacancy
−$1.3K −$1.69/SF
EGI
$32.9K $42.71/SF
− OpEx
−$14.8K −$19.22/SF
NOI
$18.1K $23.49/SF
Area
Boston, MA
Vacancy
3.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,780
Cap Rate 7%
$258,414
Cap Rate 9%
$200,989

Alternative Uses

Best Use
Apartment 5plus
$258.4K
$226.1K – $301.5K (±1% cap)
NOI $18,089 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$576.6K
$504.5K – $672.7K (±1% cap)
NOI $40,360 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Restaurant Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 02467, MA

22,626
Population
7,293
Households
3.1
Avg Household Size
31
Median Age
83%
College-Educated
99%
High-School Grad
4.9 sq mi
ZIP Area
4,618
Density / Sq Mi
$173,854
Median Household Income
$47,877
Median Earnings
$3,067
Median Rent
$1,249,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom condominium with updated finishes, included appliances, and access to shared recreational amenities.
Where is this residential income property located?
The property is located at 21 Westgate Rd Boston, MA.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 770 sq. ft. condominium with 2 bedrooms and 1 bathroom; Freshly painted interior with bamboo or wood flooring; Kitchen includes solid‑surface countertops and appliances
More about this property
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