
15 Putnam Road Chelmsford — Photo 1 of 41
$520,000
Investment Analysis — 15 Putnam Road
Chelmsford, MA 01863
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01863 carries an estimated $2,670/mo in gross rent — about a 3.51% cap rate and $18,240/yr in estimated NOI at the $520,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,676
Style
Single Family
Built
1932
Tucked away on a wooded corner lot, this distinctive Chelmsford Cape blends soaring architectural details with exceptional room to spread out. The main level centers on dramatic living spaces—from the cathedral-ceiling dining room bathed in natural light via skylights and recessed lighting, to the vaulted living room featuring durable tile flooring and direct access to a spacious wood deck. At the heart of the home, the kitchen offers an abundance of cabinetry, sleek tiled backsplashes, recessed lighting, and stainless steel appliances built for everyday entertaining. A main-level bedroom with warm hardwood floors and a full bath with a shower stall provide ideal single-level living options, complemented by a cozy enclosed porch that seamlessly connects to the outdoors. Upstairs, two well-proportioned bedrooms with hardwood flooring share a full bath equipped with a classic tub and shower combination. The finished walkout lower level significantly expands your flexible living options, featuring two additional bedrooms ideal for guests, a dedicated home office, or quiet personal retreats. Sliding glass doors lead directly to a private, tree-lined backyard anchored by an expansive patio for outdoor gatherings, a broad lawn framing the peaceful setting, and a convenient storage shed for extra equipment.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 838 sq ft (the lesser of 900 sq ft or half the 1,676 sq ft principal dwelling). Lot size: 45,738 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First22 x 20
Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Deck - Exterior, Exterior Access, Recessed Lighting
Dining Room
Lvl First12 x 9
Cathedral Ceiling(s), Flooring - Hardwood
Kitchen
Lvl First16 x 15
Flooring - Hardwood, Recessed Lighting, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl First11 x 21
Closet, Flooring - Wood
Bedroom 2
Lvl Second11 x 15
Bedroom 3
Lvl Second9 x 15
Closet, Flooring - Hardwood
Bathroom 1
Lvl First7 x 9
Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Laminate
Bathroom 2
Lvl Second14 x 6
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Kimberly Mclaine
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73578050