
16 Kenmar Dr #138 Billerica — Photo 1 of 25
$356,500
Investment Analysis — 16 Kenmar Dr #138
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 4.88% cap rate and $17,391/yr in estimated NOI at the $356,500 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
800
Style
Condominium
Built
1979
Welcome home to Plaza Place Condominium! This completely renovated, move-in-ready, 2-bedroom, 1-bath top-floor corner residence offers unobstructed views and thoughtful single-level living space. Updated throughout, this home features a renovated kitchen with new quartz countertops, stainless steel appliances, and a stylish backsplash, alongside a beautifully renovated bathroom. Step onto new luxury vinyl floors illuminated by recessed lighting in the living room, and enjoy new windows, new interior doors, and an updated electrical panel. Step out from the inviting living area to your own private open balcony, and take advantage of additional storage space in the attic as well as 2 off-street parking spots. Enjoy ultimate low-maintenance living with an all-inclusive monthly association fee covering cooking gas, heat (full apartment), hot water, water, sewer, master insurance, snow removal, landscaping, and professional management. Complex highlights include a resort-style in-ground swimming pool, manicured grounds, intercom entry, and card-operated laundry facilities. A substantial amount of utility costs is covered by HOA dues. Ideally situated in Billerica, this location offers seamless access to Route 3, I-95, I-495, and the North Billerica MBTA Commuter Rail. Just one minute to Walgreens Pharmacy, and just 4 extra minutes to settle into Dunkin', Starbucks, Subway, Planet Fitness, and other local options. Nearby attractions include Nutting Lake, Manning State Park, local shopping plazas, and dining along Route 3A, plus Burlington Mall just minutes away. Don't miss this turnkey 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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Shopping • Pool • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Vinyl, Balcony / Deck, Exterior Access, Open Floorplan, Recessed Lighting, Slider
Kitchen
Lvl FirstFlooring - Vinyl, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl FirstCloset, Flooring - Vinyl
Bedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Aditi Jain
Listing Office: Redfin Corp.
MLS® Number: 73586104








