Active
3 Days on market
12 Kenmar Drive #88 Billerica — Photo 1 of 18

12 Kenmar Drive #88 Billerica — Photo 1 of 18

$329,900

Investment Analysis — 12 Kenmar Drive #88

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 5.27% cap rate and $17,391/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

800

Style

Condominium

Built

1979

Move right into this well-cared-for 2-bedroom garden-style condo offering a comfortable layout, several recent updates, and plenty of potential to make it your own. LVP flooring installed approximately 3 years ago flows throughout the unit, while newer windows bring in plenty of natural light. The eat-in kitchen offers ample cabinetry, a gas range approximately 3 years old, and a disposal replaced just 1 year ago. The spacious living area opens to a private balcony with pleasant views. Both bedrooms are nicely sized with generous closet storage, and the full bath features a tile-surround tub/shower. A wall A/C unit replaced just 1 year ago provides added comfort during the warmer months. With a few cosmetic updates, this unit could truly shine! Additional amenities include attic storage, coin-operated laundry in the building, an inground pool, and a low condo fee that includes heat, hot water, water/sewer, landscaping, snow removal, and more. Conveniently located near shopping, restaurants, and major commuter routes. A great opportunity for an owner-occupant or investor!

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 MLS and other third-party data may be inaccurate or out of date.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

Financials

Original Price$329,900
Annual Taxes$3,686
HOA Fee$478

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

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

Building & Exterior

ConstructionBrick
Roof--
Foundation--
Zoning2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl Second

Balcony / Deck, Slider

Kitchen
Lvl Second

Gas Stove

Primary Bedroom
Lvl Second

Closet

Bedroom 2
Lvl Second
Bathroom 1
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower

Listing Provided By

Listing Agent: Paul Dunton

Listing Office: RE/MAX Triumph Realty

MLS® Number: 73579041