
230 Main St Chelmsford — Photo 1 of 39
Recent Drop: $60,000
$619,900
Investment Analysis — 230 Main St
Chelmsford, MA 01863 — North Chelmsford
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 2.68% cap rate and $16,582/yr in estimated NOI at the $619,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,163
Style
Single Family
Built
1940
Expanded custom Cape with rare water views over Stony Brook Reservoir! Offering over 2,687 sq. ft. total three-level living space, this versatile home delivers exceptional flexibility for multi-generational living, remote professionals, or savvy buyers seeking income potential with ADU capability to offset the mortgage. Easy highway access, only a 2-min drive to Route 3. The unique multi-level layout includes a private first-floor 2-bedroom suite in the rear side with a full bath and a kitchen with its own entrance, ideal for multi-generational living or vacation rental. The front half of the house features additional 2 bedrooms, a kitchen, a wet bar, dining room, and a full bath, and a finished attic level. Additional highlights include a basement home office, exercise room, and bright living areas filled with natural light and skylights. Step outside to a fully fenced backyard with a sandpit, and beautifully landscaped three-tier garden, creating a peaceful outdoor oasis.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,163 sq ft principal dwelling). Lot size: 13,939 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 18
Flooring - Laminate
Dining Room
Lvl Second11 x 12
Flooring - Hardwood
Kitchen
Lvl Second11 x 10
Flooring - Stone/Ceramic Tile
Office
Lvl Basement6 x 12
Primary Bedroom
Lvl First15 x 9
Flooring - Laminate
Bedroom 2
Lvl Second12 x 12
Bedroom 3
Lvl Third28 x 12
Flooring - Laminate
Bathroom 1
Lvl FirstBathroom - With Tub & Shower, Flooring - Hardwood
Bathroom 2
Lvl SecondBathroom - With Tub & Shower, Flooring - Hardwood
Property History
$619,900
Was $649,900
Aug 12, 2026
MLS® 73551118
$649,900
Was $659,900
Aug 5, 2026
MLS® 73551118
$659,900
Was $679,900
Jul 26, 2026
MLS® 73551118
$679,900
Jul 16, 2026
MLS® 73551118
Listing Agent: Edmund Wong
Listing Office: New Year Realty
MLS® Number: 73551118