8 Pennock Rd Chelmsford — Photo 1 of 16
Recent Drop: $30,000
$660,000
Investment Analysis — 8 Pennock 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 3.72% cap rate and $24,552/yr in estimated NOI at the $660,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,089
Style
Single Family
Built
1968
Investor and contractor opportunity on a large 0.69-acre lot in an established Chelmsford neighborhood. This 1968 Colonial offers 4 bedrooms, 3 full baths, and over 2,000 square feet, plus a full basement and a strong layout with hardwood floors throughout. The home is in very poor condition and needs significant work throughout, presenting a true value-add project for the right buyer or a tear-down/rebuild candidate on a desirable level lot. Sold strictly as-is. Property will not qualify for traditional financing; cash or renovation/rehab financing only. This is a short sale subject to third-party lender approval, and an estate sale subject to license to sell; pricing and timeline are subject to both lender and court approval. Buyer and buyer's agent to perform all due diligence and verify all information. Please schedule your showing today or in the meantime check out the virtual reality 3D tour.
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 2,089 sq ft principal dwelling). Lot size: 30,056 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
Property History
$660,000
Was $690,000
Jul 16, 2026
MLS® 73535247
$690,000
Jun 12, 2026
MLS® 73535247
Listing Agent: Block Capital Realty Team
Listing Office: Block Capital Realty LLC
MLS® Number: 73535247