
186 High St Chelmsford — Photo 1 of 42
$699,000
Investment Analysis — 186 High St
Chelmsford, MA 01824
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01824 carries an estimated $3,480/mo in gross rent — about a 3.25% cap rate and $22,705/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,382
Style
Single Family
Built
1965
It’s hard to beat the perks of a nicely updated Split-Level, and 186 High Street makes a good case for the style. The main level keeps everyday life within reach, with the living room and fireplace, dining area, and modern kitchen flowing together, while three bedrooms and a recently renovated bath sit just down the hall. Refinished hardwood floors and thoughtful updates bring character to the space. Downstairs, a versatile family room offers privacy and flexibility without feeling disconnected. A second full bath, laundry, storage, and direct access to the heated garage make good use of the lower level. Add a bright screened-in porch, nearly an acre of fenced-in yard with a patio, hot tub and built-in firepit, and you’re beginning to envision your downtime here. The woods out back bring a changing view with the seasons, while the perennials have a way of surprising you with something new throughout the year. Commuting days are easier with nearby highway access, and weekend rides for coffee in Chelmsford Center get a welcome shortcut via the Bruce Freeman Rail Trail, less than five minutes down the street. Owned Tesla solar panels with Powerwall backup and lower energy bills, central air, and well-kept systems bring the practical side together. With much of the important work already done, you can get straight to the good part of living here.
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: 691 sq ft (the lesser of 900 sq ft or half the 1,382 sq ft principal dwelling). Lot size: 42,819 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14.583333333 x 13.5
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Recessed Lighting
Dining Room
Lvl First9.833333333 x 7.916666666
Flooring - Hardwood, Exterior Access, Lighting - Pendant
Kitchen
Lvl Main,First12.083333333 x 9.833333333
Flooring - Stone/Ceramic Tile
Family Room
Lvl Basement21.25 x 9
Closet, Flooring - Stone/Ceramic Tile
Primary Bedroom
Lvl First14.916666666 x 9.416666666
Closet, Flooring - Hardwood
Bedroom 2
Lvl First13.5 x 9.666666666
Bedroom 3
Lvl First9.916666666 x 9.083333333
Closet, Flooring - Hardwood
Bathroom 1
Lvl First9.333333333 x 7.083333333
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity, Recessed Lighting
Bathroom 2
Lvl Basement6.916666666 x 6.666666666
Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Thais Collins
Listing Office: Compass
MLS® Number: 73578438