56 Middlefield Rd Chester — Photo 1 of 39
Recent Drop: $49,999
$365,000
Investment Analysis — 56 Middlefield Rd
Chester, MA 01011
Based on rent reported on the MLS listing, a 2-unit multi-family in 01011 carries $4,400/mo in gross rent — about a 9.83% cap rate and $35,864/yr in estimated NOI at the $365,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,832
Style
Multi Family
Built
1900
The price has improved! Don't miss out. Discover this charming and spacious two-family home nestled in the heart of Chester. Recently refreshed with new flooring throughout and thoughtful cosmetic updates, this well-maintained property is ready for its next owner. Each unit offers 3 comfortably sized bedrooms, 1.5 bathrooms, a large living room, dining area, kitchen, first-floor laundry, and a bonus room that can be used as an office, playroom, or additional storage. The property sits on a generous lot—close to 1 acre—with a large front yard and expansive backyard that accommodates parking for approximately 6 additional vehicles. Ideal for anyone seeking a tranquil setting with strong rental income potential or a reliable investment opportunity. A barn with a 2-car garage and upstairs loft adds even more versatility and is being sold as is. The home also includes a new septic system, offering added peace of mind.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$365,000
Was $389,900
Jul 13, 2026
MLS® 73461501
$389,900
Was $394,900
Jun 3, 2026
MLS® 73461501
$394,900
Was $404,900
Apr 9, 2026
MLS® 73461501
$404,900
Was $414,999
Mar 4, 2026
MLS® 73461501
$414,999
Dec 10, 2025
MLS® 73461501
Listing Agent: Cynthia Gonzalez
Listing Office: Executive Real Estate, Inc.
MLS® Number: 73461501
