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16 Kenmar Dr #138 Billerica — Photo 1 of 25

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.

View Standard Listing

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

Original Price$356,500
Annual Taxes$3,686
HOA Fee$478

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
Zoning2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Shopping • Pool • Park • Medical Facility • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

Flooring - Vinyl, Balcony / Deck, Exterior Access, Open Floorplan, Recessed Lighting, Slider

Kitchen
Lvl First

Flooring - Vinyl, Stainless Steel Appliances, Lighting - Overhead

Primary Bedroom
Lvl First

Closet, Flooring - Vinyl

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Aditi Jain

Listing Office: Redfin Corp.

MLS® Number: 73586104