15 Carriage Dr Chelmsford — Photo 1 of 9
$615,000
Investment Analysis — 15 Carriage Dr
Chelmsford, MA 01824 — Heart Pond Neighborhood
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01824 carries an estimated $3,840/mo in gross rent — about a 4.36% cap rate and $26,784/yr in estimated NOI at the $615,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,924
Style
Single Family
Built
1964
NEW HOME UPDATES: Wallpaper throughout removed-Freshly painted bedrooms and bath, basement carpet removed and vinyl flooring installed, basement ceilings in progress of plaster along with wall paneling removed and new walls built in basement family room. Welcome to 15 Carriage Drive-- Nestled in one of Chelmsford's most sought-after neighborhoods This spacious 4 bedroom, 2 full bath home sits on just under an acre of land, offering a large private backyard and finished basement for additional living space. Great potential awaits!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,924 sq ft principal dwelling). Lot size: 40,075 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Kristy Coscia
Listing Office: Lyv Realty
MLS® Number: 73566893