4 Algonquin Rd Chelmsford — Photo 1 of 30
$695,000
Investment Analysis — 4 Algonquin Rd
Chelmsford, MA 01824
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 3.90% cap rate and $27,137/yr in estimated NOI at the $695,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,728
Style
Single Family
Built
1960
Chelmsford and affordable! This is a fantastic opportunity to bring your vision to life in a well-loved, generationally owned home set on an exceptional lot in one of Chelmsford’s most sought-after neighborhoods. Enjoy a surprisingly private setting with seasonal views of House Brook. This spacious 4-bedroom home offers a flexible layout featuring an eat-in kitchen, formal dining room, generous fireplaced living room, and a large enclosed sunroom (18' x 14')—perfect for relaxing or entertaining. The primary bedroom includes a walk-in shower, and the home provides ample space and character for its next chapter. The property presents tremendous potential for updates and customization, allowing buyers to create a home tailored to their style and needs. Adding to the appeal is a detached two-story, two-car garage, privately situated across the patio at end of driveway. Buyers may explore the possibility of additional living space or an accessory dwelling unit (ADU) above the garage, subject to town approvals and permitting.A rare opportunity to invest in a desirable Chelmsford location, enjoy a beautiful and private yard, and unlock the full potential of this special property.
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: 864 sq ft (the lesser of 900 sq ft or half the 1,728 sq ft principal dwelling). Lot size: 22,500 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl FirstBedroom 4
Lvl FirstBathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl FirstBathroom - 3/4
Listing Agent: Mary Koontzdaher
Listing Office: Weichert Realtors' Daher Companies
MLS® Number: 73576123