255 North Rd #187 Chelmsford — Photo 1 of 39
$399,900
Investment Analysis — 255 North Rd #187
Chelmsford, MA 01824
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01824 carries an estimated $2,900/mo in gross rent — about a 3.30% cap rate and $13,180/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,300
Style
Condominium
Built
1985
Welcome to easy, one-level living in the desirable Rose Garden II community at Chelmsford Village. This spacious 2-bedroom, 2-full-bath condo offers approximately 1,300 square feet and is an excellent opportunity for an investor or buyer looking to build sweat equity and make it their own. Recent updates include windows, slider, siding, furnace and A/C, providing a solid foundation for future improvements. The open-concept dining and living area features an expansive slider to a balcony overlooking the Rose Garden, ideal for relaxing or entertaining. Additional features include elevator access to the garage, private storage, and convenient in unit laundry. Community amenities include a renovated clubhouse, two swimming pools, and multiple tennis courts. Enjoy a convenient location close to shopping, dining, recreation, and major commuting routes, with tax-free New Hampshire just minutes away. Whether you're looking for an investment opportunity or a home where you can build equity and make it your own, this Rose Garden II condo offers plenty of potential in a desirable location.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Third15 x 14
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Balcony - Exterior, Open Floorplan, Slider, Lighting - Overhead
Dining Room
Lvl Third14 x 11
Ceiling Fan(s), Flooring - Wall to Wall Carpet, Open Floorplan, Lighting - Overhead
Kitchen
Lvl Third10 x 22
Ceiling Fan(s), Flooring - Laminate, Flooring - Vinyl, Gas Stove
Master Bedroom
Lvl Third20 x 11
Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl Third14 x 11
Bathroom 1
Lvl First5 x 10
Bathroom - Full, Flooring - Laminate, Flooring - Vinyl
Bathroom 2
Lvl Third5 x 8
Bathroom - Full, Flooring - Laminate, Flooring - Vinyl
Listing Agent: Thomas Pratt
Listing Office: ERA Key Realty Services
MLS® Number: 73563997
