5 Kenmar Drive #7 Billerica — Photo 1 of 15
$349,900
Investment Analysis — 5 Kenmar Drive #7
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 5.24% cap rate and $18,327/yr in estimated NOI at the $349,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
741
Style
Condominium
Built
1979
Welcome to Mitchell Estates! This beautifully renovated 2-bedroom, 1-bath garden-style condo offers 741 sq. ft. of move-in-ready living space and a convenient first-floor location. The updated interior features stylish LVP flooring throughout and a bright kitchen with stainless steel appliances, tile backsplash, and gas range. The spacious primary bedroom offers double closets, while the renovated bath features a tile-surround spa tub/shower combination. Enjoy your own private patio, plus additional attic storage for added convenience. One assigned parking space is included. An exceptional value, the condo fee includes heat, hot water and gas making monthly expenses easy to manage. Whether you're looking for an owner-occupied home or an investment opportunity, this is one you won't want to miss. Units at Mitchell Estates don't come available often! Conveniently located near schools, shopping, restaurants, and Route 3 for easy commuting. Nothing to do but move in and enjoy!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset
Kitchen
Lvl FirstCountertops - Stone/Granite/Solid, Stainless Steel Appliances
Master Bedroom
Lvl FirstCloset
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
Listing Agent: Paul Dunton
Listing Office: RE/MAX Triumph Realty
MLS® Number: 73575158
