26 Sprague Ave Chelmsford — Photo 1 of 9
$383,000
Investment Analysis — 26 Sprague Ave
Chelmsford, MA 01824
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01824 carries an estimated $2,040/mo in gross rent — about a 3.66% cap rate and $14,009/yr in estimated NOI at the $383,000 list price. Adjust every assumption in the calculator below.
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Permitted to Build. Hilltop Location. Electric meter installed, Curb Cut and Driveway complete, Trees cleared, Gas meter hook up in place, Water Line and Sewer Line at foundation. Build large, quick, and easily on this fully cleared, build-ready townhome (condominium unit) lot with a minimal marriage wall. Plans and Specs available.The build completes the two unit condominium on your exclusive use portion (the rear half of the lot consisting of 34,857S.F) of the 55,772 S.F. parcel. The property will function as a condo association. The land is owned in common with exclusive-use areas (approx. 50/50) defined in the Master Deed and designated on the site planReview the Drawings to understand the opportunity to build without land development cost or the need to dig utility lines, driveways, or wait for third party permitting. The attached condominium build provides a streamlined path to start construction quickly. Site development is complete. One mile to Route 3 and Route 4
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 MLS and other third-party data may be inaccurate or out of date.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
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Interior Specifications
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Property & Lot
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Property History
$383,000
Jan 22, 2026
MLS® 73470956
$383,000
Nov 8, 2025
MLS® 73415630
$383,000
Aug 8, 2025
MLS® 73415630
$498,000
Jun 23, 2025
MLS® 73329262
$498,000
Jan 24, 2025
MLS® 73329262
Listing Agent: Paul Dunton
Listing Office: RE/MAX Triumph Realty
MLS® Number: 73470956