Active
2 Days on market
5 Kenmar Drive #7 Billerica — Photo 1 of 15

5 Kenmar Drive #7 Billerica — Photo 1 of 15

$349,900

Investment Analysis — 5 Kenmar Drive #7

Billerica, MA 01821

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01821 carries an estimated $2,940/mo in gross rent — about a 5.24% cap rate and $18,327/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

741

Style

Condominium

Built

1979

Welcome to Mitchell Estates! This beautifully renovated 2-bedroom, 1-bath garden-style condo offers 741 sq. ft. of move-in-ready living space and a convenient first-floor location. The updated interior features stylish LVP flooring throughout and a bright kitchen with stainless steel appliances, tile backsplash, and gas range. The spacious primary bedroom offers double closets, while the renovated bath features a tile-surround spa tub/shower combination. Enjoy your own private patio, plus additional attic storage for added convenience. One assigned parking space is included. An exceptional value, the condo fee includes heat, hot water and gas making monthly expenses easy to manage. Whether you're looking for an owner-occupied home or an investment opportunity, this is one you won't want to miss. Units at Mitchell Estates don't come available often! Conveniently located near schools, shopping, restaurants, and Route 3 for easy commuting. Nothing to do but move in and enjoy!

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$349,900
Annual Taxes$3,574
HOA Fee$409.34

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
Zoning2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First

Closet

Kitchen
Lvl First

Countertops - Stone/Granite/Solid, Stainless Steel Appliances

Master Bedroom
Lvl First

Closet

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub

Listing Provided By

Listing Agent: Paul Dunton

Listing Office: RE/MAX Triumph Realty

MLS® Number: 73575158