
53 River #505 Billerica — Photo 1 of 30
Recent Drop: $6,000
$609,000
Investment Analysis — 53 River #505
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 2.12% cap rate and $12,905/yr in estimated NOI at the $609,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,840
Style
Condominium
Built
2002
Back On Market! Open House Saturday Oct 3rd from 12-2pm. Feels like home! Discover easy-condo-living in this END UNIT two-level townhouse in a peaceful, well-maintained Concord Crossing Billerica. Enjoy the convenience of no outdoor maintenance while relaxing on your charming farmer’s porch or backyard patio. The main level welcomes you with hardwood floors, an expansive kitchen, abundant cabinetry, and dining area, flowing into a large living room and additional family room, Farmers porch, Laundry and Garage. Private patio allows quiet relaxation and a place for your grill and for entertaining. This is a 3-bedroom unit in everything but name with a large windowed extra or bonus room on both levels. Easy living, and convenient access to shops, restaurants, Memorial High School, conservation areas including Nutting Lake, Billerica Town Forest, Middlesex Turnpike, and Route 3. The Central Air unit and heating system are less than 2 years old, with gas heat, generous storage and an attached garage make this a truly enjoyable property. This unit has the potential to have single floor living due family room/second living room on ground floor and existing bathroom. The bonus room on the second floor is currently a used as a third bedroom with windows, closets and so on and makes a very versatile office/third bedroom or additional living area. Great flexibility, functionality location and storage..
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
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Laundromat • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First21.083333333 x 12.5
Closet, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead, Flooring - Engineered Hardwood
Dining Room
Lvl First11.166666666 x 11.083333333
Closet, Balcony / Deck, Open Floorplan, Flooring - Engineered Hardwood
Kitchen
Lvl Main,First9.083333333 x 11.833333333
Pantry, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Gas Stove, Flooring - Engineered Hardwood
Family Room
Lvl Main,First11.916666666 x 16.333333333
Cable Hookup, High Speed Internet Hookup, Flooring - Engineered Hardwood
Primary Bedroom
Lvl Second21.083333333 x 12.583333333
Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl Second12.666666666 x 11.25
Bathroom 1
Lvl Second8 x 7.583333333
Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Laminate, Lighting - Overhead
Bathroom 2
Lvl First6.416666666 x 6.583333333
Bathroom - Half, Lighting - Overhead
Property History
$609,000
Was $615,000
Sep 28, 2026
MLS® 73526672
$615,000
Was $629,900
Aug 5, 2026
MLS® 73526672
$629,900
Was $639,500
Jul 24, 2026
MLS® 73526672
$639,500
Was $649,500
Jun 23, 2026
MLS® 73526672
$649,500
Was $657,900
Jun 3, 2026
MLS® 73526672
$657,900
May 29, 2026
MLS® 73526672
Listing Agent: Elizabeth Keating
Listing Office: Chinatti Realty Group, Inc.
MLS® Number: 73526672








