38 Concord Rd Billerica — Photo 1 of 42
$1,239,000
Investment Analysis — 38 Concord Rd
Billerica, MA 01821
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01821 carries an estimated $3,890/mo in gross rent — about a 1.86% cap rate and $23,038/yr in estimated NOI at the $1,239,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,696
Style
Single Family
Built
2020
Welcome to a truly unique, one-of-a-kind residence that stands in a league of its own. Unlike typical new construction properties that artificially inflate their size by counting below-grade space, this magnificent home boasts nearly 3,600 square feet of expansive, light-filled living space entirely above ground. Need even more room? An additional 1,200+ square feet awaits your personal touch in the unfinished basement, offering incredible equity potential. Gleaming hardwood floors flow seamlessly throughout the thoughtful layout, which features 4 spacious bedrooms, a dedicated first-floor den/office, a large chef’s pantry, and a rare second-floor family room perfect for movie nights. Outside, the property transforms into a private oasis featuring a stunning custom landscaped garden complete with a dedicated vegetable patch. Perfectly located just minutes from major highways and premier shopping, this unparalleled home truly must be seen to be adored. You will not find another like it!
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 3,696 sq ft principal dwelling). Lot size: 50,094 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.
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Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Highway Access • House of Worship
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Property History
$1,239,000
Sep 7, 2026
MLS® 73572659
$1,269,000
Aug 1, 2026
MLS® 73536226
$1,269,000
Jun 15, 2026
MLS® 73536226
Listing Agent: Sandeep Arora
Listing Office: NextHome Luxury Realty
MLS® Number: 73572659
