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440 Broadway # 506, Chelsea MA 02150

Chelsea, MA 02150
$266,000
Est. $10,164/month
1
Beds
1
Baths
730
Sq Ft
$364
Price/Sq Ft
2026
Year Built
10
Days on Market
Active Listed Jun 26, 2026 • MLS# 73542331 Copied! • Updated Jun 30, 2026

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 80% AMI. Asset and use restrictions apply.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 26, 2026
$266,000
Original listing
Office: Maloney Properties LLC

Tax History

Year Taxes Assessment
2026 $99,999 $99,999

Financial Details

Annual Property Tax
$99,999
Tax Year 2026
HOA Fee
$285
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
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $99,999
Assessed Value $99,999

HOA & Community

HOA Fee $285 Monthly
Fee Includes Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Elevator(s)
Optional Fee Includes None
Down Payment Resource Eligible
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.
Possession None
Accepted Financing Deed Restricted (see Remarks)
Structure Type ["Mid-Rise"]
Unit/Building 506
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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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:
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
E

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
M

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
H

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

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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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 $285/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

440 Broadway # 506, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent John Costello
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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