Active

6 Days on market

11 Glen Ave #28 Chelmsford — Photo 1 of 41

$249,900

Investment Analysis — 11 Glen Ave #28

Chelmsford, MA 01824

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01824 carries an estimated $2,900/mo in gross rent — about a 6.81% cap rate and $17,016/yr in estimated NOI at the $249,900 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

679

Style

Condominium

Built

1963

This is the one you’ve been waiting for—everything is new! This light and bright 2-bedroom garden-style condo has been beautifully updated with a brand-new kitchen and bath, new LVT flooring, new carpeting, and fresh floor-to-ceiling interior paint. Ideally located near Routes 495 and 3 for easy commuting and situated on a public transit line. Walk to shops, grocery stores including Stop & Shop and Market Basket, banks, restaurants, entertainment at Lowell Cinema, and some of the best candies and chocolates around at Mrs. Nelson’s Candy House! Work off those calories on the Bruce Freeman Rail Trail, just a short block away. Plenty of off-street parking plus laundry facilities in the building. Condo fee includes heat, hot water, water, and sewer. Nothing to do but move in and enjoy! An excellent place to reside or a wonderful investment opportunity.

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 MLS and other third-party data may be inaccurate or out of date.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