Active
10 Days on market
8 Kenmar Drive #72 Billerica — Photo 1 of 9

8 Kenmar Drive #72 Billerica — Photo 1 of 9

$329,900

Investment Analysis — 8 Kenmar Drive #72

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 5.28% cap rate and $17,417/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

800

Style

Condominium

Built

1979

Investor opportunity at Plaza Place Condominium! This well-maintained 2-bedroom, 1-bath garden-style unit offers immediate rental income with tenants already in place paying $2,200 per month. Current lease extends through June 14, 2027, making this an ideal turnkey investment property. Located on the third floor, the unit features a spacious living room with slider to a private balcony, an eat-in kitchen with pantry, two generously sized bedrooms, and two deeded parking spaces. The professionally managed complex offers numerous amenities including an in-ground swimming pool, laundry facilities, landscaped grounds, snow removal, and ample visitor parking. Condo fee includes heat, hot water, water, sewer, master insurance, exterior maintenance, landscaping, and more. Conveniently located near shopping, restaurants, public transportation, schools, and major commuting routes. Property must convey with current tenants in place; owner-occupancy is not available until lease expiration.

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 MLS and other third-party data may be inaccurate or out of date.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$329,900
Annual Taxes$3,660
HOA Fee$478

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringCarpet, Hardwood, Engineered Hardwood
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofShingle
Foundation--
Zoning2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Laundromat • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomKitchenMaster BedroomBedroom 2
Living Room
Lvl Third

20 x 13

Balcony / Deck, Slider

Kitchen
Lvl Third

11 x 10

Pantry

Master Bedroom
Lvl Third

13 x 14

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Third

12 x 12

Property History

Listed
$329,900

Sep 2, 2026

MLS® 73571258

Terminated
$329,900

Aug 7, 2026

MLS® 73529150

Listed
$329,900

Jun 3, 2026

MLS® 73529150

Listing Provided By

Listing Agent: Paul Dunton

Listing Office: RE/MAX Triumph Realty

MLS® Number: 73571258