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2 Days on market
47 Prescott Dr #47 Chelmsford — Photo 1 of 37

47 Prescott Dr #47 Chelmsford — Photo 1 of 37

$420,000

Investment Analysis — 47 Prescott Dr #47

Chelmsford, MA 01863 — North Chelmsford

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01863 carries an estimated $2,230/mo in gross rent — about a 2.51% cap rate and $10,536/yr in estimated NOI at the $420,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,184

Style

Condominium

Built

1979

Welcome to 47 Prescott Dr, where comfort, and convenience come together in a desirable Chelmsford location! Step inside to a bright and welcoming interior featuring a functional layout, generous living spaces, abundant natural light, and thoughtful updates throughout. This move in ready home offers plenty of opportunity to settle right in while still making it your own.Enjoy the outdoor space and a convenient location near shopping, dining, parks, everyday amenities, major commuter routes, and local schools.Please note: The community is currently completing improvements to the walkways throughout the complex, with walkways being redone on a unit-by-unit basis. Work is actively underway and expected to be completed soon, an added improvement for the community!Whether you're looking for your first home, your next home, or simply a place to put down roots in Chelmsford, 47 Prescott Dr is one you won't want to miss. Schedule your showing and come see the possibilities!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$420,000
Annual Taxes$5,422
HOA Fee$365

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms5
Fireplaces1
FlooringVinyl, Carpet
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRM

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path

Geography

Listing Provided By

Listing Agent: Ashley Price

Listing Office: eXp Realty LLC

MLS® Number: 73575135