440 Broadway # 503, Chelsea MA 02150
Chelsea, MA 02150
$299,000
Est. $10,359/month
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About this home
Income-restricted 1-bedroom condo at 440 Broadway, a new 28-unit residential development in the heart of Chelsea. This energy-efficient, PassiveHouse-certified building offers full-building elevator access and in-unit washer/dryer. The unit features a kitchen with refrigerator, microwave, dishwasher, and garbage disposal. Approximately 730 sq ft. On-site garage parking available for purchase. Located within 0.5 miles of the Chelsea commuter rail and adjacent to Broadway corridor bus stops. Sold through an income-restricted homeownership lottery to households at or below 100% AMI. Asset and use restrictions apply.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jun 26, 2026
$299,000
Original listing
Agent: John Costello
Office: Maloney Properties LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/26/2026 | 🏠 Listed for Sale | $299,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $99,999 | $99,999 |
Financial Details
Annual Property Tax
$99,999
Tax Year 2026
HOA Fee
$314
Monthly
Assessed Value
$99,999
Facts & Features
Central AC
New Construction
Home Facts
Type
Residential
Style
Condominium
Year Built
2026
Living Area
730 sq ft
Bedrooms
1
Full Baths
1
Total Rooms
2
Interior
Heating
Central
Cooling
Central Air
Flooring
None
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
N
Laundry
In Unit
Features
Elevator
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$99,999
Assessed Value
$99,999
HOA & Community
HOA Fee
$314 Monthly
Fee Includes
Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
Elevator(s)
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Deed-restricted Affordable Unit (masshousing Commonwealth Builder Program); Owner-occupancy Required, Resale/refinance Restrictions Apply. Parking Not Included: $20, 000 To Purchase Plus $50/month Added To Condo Fee. Professionally Managed Off-site By Peabody Properties.
Additional Details
Possession
None
Accepted Financing
Deed Restricted (see Remarks)
Structure Type
["Mid-Rise"]
Unit/Building
503
Sq Ft Source
Owner
Documents
None
County
Suffolk
Total market time (incl. prior listings)
4 days
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
2026
Bedrooms
1
Full Bathrooms
1
Living Area
730 sq ft
Total Rooms
2
Stories
1
Entry Level
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
730 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Elevator
Windows:
Basement:
N
Laundry:
In Unit
Security:
Construction & Materials
Year Built:
2026
Structure Type:
Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Central
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Chelsea School District local
C-
School Safety
2024-25
5.2%
Above Average
2.9%
Suspensions
1.7%
In-School
2.3%
Emergency
0.3% below state avg
Elementary Schools
7 schools
St. Rose Elementary School
0.2 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.8 mi
54 students
Less Diverse
College Ready Curriculum
Grades K-12
Shurtleff Early Childhood School
0.2 mi
779 students
Less Diverse
Grades PK-01
B+
William A Berkowitz Elementary School
1.0 mi
|
#287 of 824
|
Score: 51.1
Improved 1 spots from last year
-7.1 below state avg
455 students
Less Diverse
Grades 01-04
B
Edgar A Hooks Elementary School
1.0 mi
|
#406 of 824
|
Score: 47.6
Improved 100 spots from last year
-10.6 below state avg
430 students
Less Diverse
Rising School
Grades 01-04
C
Frank M Sokolowski Elementary School
1.0 mi
|
#663 of 824
|
Score: 37.9
Improved 46 spots from last year
-20.4 below state avg
472 students
Less Diverse
Rising School
Grades 01-04
C
George F. Kelly Elementary School
1.0 mi
|
#642 of 824
|
Score: 38.6
Improved 188 spots from last year
-19.6 below state avg
527 students
Less Diverse
Rising School
Grades 01-04
Middle Schools
3 schools
C-
Joseph A. Browne School
0.1 mi
|
#290 of 352
|
Score: 32.4
Improved 56 spots from last year
-25.8 below state avg
487 students
Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.1 mi
|
#9 of 16
|
Score: 29.9
Improved 348 spots from last year
-28.3 below state avg
436 students
Less Diverse
Rising School
Grades 05-08
D
Clark Avenue School
0.3 mi
|
#329 of 352
|
Score: 28.3
Improved 32 spots from last year
-29.9 below state avg
673 students
Less Diverse
Rising School
Grades 05-08
High Schools
3 schools
Seaport Academy School
0.8 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.6 mi
|
#294 of 346
|
Score: 59.3
Same rank as last year
132 students
Less Diverse
College Ready Curriculum
Grades 09-12
C-
Chelsea High School
0.6 mi
|
#283 of 346
|
Score: 42.9
Improved 25 spots from last year
-15.3 below state avg
1,649 students
Less Diverse
12 sports
• 796 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$8,333
Homeowners Insurance
$200
HOA Fee
$314/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
440 Broadway # 503, Chelsea MA 02150
Chelsea, MA 02150
Listing Information
Listing Office
Maloney Properties LLC
Office Phone
781-943-0200
Agent MLS ID
CN200524
Office MLS ID
BB3875
Listing Data Updated
Jun 30, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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