
8 Kenmar Drive #72 Billerica — Photo 1 of 9
$329,900
Investment Analysis — 8 Kenmar Drive #72
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 5.28% cap rate and $17,417/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
800
Style
Condominium
Built
1979
Investor opportunity at Plaza Place Condominium! This well-maintained 2-bedroom, 1-bath garden-style unit offers immediate rental income with tenants already in place paying $2,200 per month. Current lease extends through June 14, 2027, making this an ideal turnkey investment property. Located on the third floor, the unit features a spacious living room with slider to a private balcony, an eat-in kitchen with pantry, two generously sized bedrooms, and two deeded parking spaces. The professionally managed complex offers numerous amenities including an in-ground swimming pool, laundry facilities, landscaped grounds, snow removal, and ample visitor parking. Condo fee includes heat, hot water, water, sewer, master insurance, exterior maintenance, landscaping, and more. Conveniently located near shopping, restaurants, public transportation, schools, and major commuting routes. Property must convey with current tenants in place; owner-occupancy is not available until lease expiration.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Laundromat • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Third20 x 13
Balcony / Deck, Slider
Kitchen
Lvl Third11 x 10
Pantry
Master Bedroom
Lvl Third13 x 14
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Third12 x 12
Property History
$329,900
Sep 2, 2026
MLS® 73571258
$329,900
Aug 7, 2026
MLS® 73529150
$329,900
Jun 3, 2026
MLS® 73529150
Listing Agent: Paul Dunton
Listing Office: RE/MAX Triumph Realty
MLS® Number: 73571258