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129 Days on market
53 River #505 Billerica — Photo 1 of 30

53 River #505 Billerica — Photo 1 of 30

Recent Drop: $6,000

$615,000
$609,000

$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.

View Standard Listing

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

Original Price$657,900
Annual Taxes$6,408
HOA Fee$625

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms7
FireplacesNone
FlooringWood, Vinyl, Carpet, Engineered Hardwood, Flooring - Wall to Wall Carpet
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Second
Primary BedroomBedroom 2Bathroom 1
First
Living RoomDining RoomBathroom 2
Main,First
KitchenFamily Room
Living Room
Lvl First

21.083333333 x 12.5

Closet, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead, Flooring - Engineered Hardwood

Dining Room
Lvl First

11.166666666 x 11.083333333

Closet, Balcony / Deck, Open Floorplan, Flooring - Engineered Hardwood

Kitchen
Lvl Main,First

9.083333333 x 11.833333333

Pantry, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Gas Stove, Flooring - Engineered Hardwood

Family Room
Lvl Main,First

11.916666666 x 16.333333333

Cable Hookup, High Speed Internet Hookup, Flooring - Engineered Hardwood

Primary Bedroom
Lvl Second

21.083333333 x 12.583333333

Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 2
Lvl Second

12.666666666 x 11.25

Bathroom 1
Lvl Second

8 x 7.583333333

Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Laminate, Lighting - Overhead

Bathroom 2
Lvl First

6.416666666 x 6.583333333

Bathroom - Half, Lighting - Overhead

Property History

Price Drop
$609,000

Was $615,000

Sep 28, 2026

MLS® 73526672

Price Drop
$615,000

Was $629,900

Aug 5, 2026

MLS® 73526672

Price Drop
$629,900

Was $639,500

Jul 24, 2026

MLS® 73526672

Price Drop
$639,500

Was $649,500

Jun 23, 2026

MLS® 73526672

Price Drop
$649,500

Was $657,900

Jun 3, 2026

MLS® 73526672

Listed
$657,900

May 29, 2026

MLS® 73526672

Listing Provided By

Listing Agent: Elizabeth Keating

Listing Office: Chinatti Realty Group, Inc.

MLS® Number: 73526672